7 Ways To Save Money On Food Expenses

Ways To Save Money On Food Expenses

Ever wonder how much a family spends on food every month? According to our Finance Minister, we Malaysians spend 31.2% of our disposable income on food. That means every month, we are using a staggering one third of our monthly salary on food expenses. Isn't that scary? Let's find out how we can save money on food expenses whether for one person or for the whole family. Cutting down grocery bills and food expenses essentially means you will have more disposable income on the table for other more meaningful purposes such as education and savings.


7 Ways To Save Money on Food Expenses


1. Cook Your Own Food

If you are not eating out, you are already saving a lot of money for yourself and your family. By cooking your own meals or learning to prepare your own food, you will spend less outside. Why wait hours for a meal prepared by others that will cost your wallet to bleed? More importantly you can ensure that the food you cook and put on your table will be healthier and more hygienic. No more worries about "extra ingredients" being added to your food. On top of that, cooking at home can be a good hobby for yourself and your family as you will be constantly learning new recipes to literally add spice to you life. So how to save money on food and eat healthy? Cook your own food of course. Besides you will add another skill to your repertoire-meal planning.

Ways To Save Money On Food Expenses-cook your own meal

2. Stick To Your Groceries List

Have you ever ended up buying more than what you have written on your groceries list? I am guilty of that as well. So how can we save money on food shopping? Stick religiously to your groceries list when you are buying ingredients for your meals later. Keep reminding yourself that whatever that is not in the shopping list is unnecessary. Here is another pro tip: Get the floor layout of the department store that you are shopping. Only go to the aisles where the things that you want are there. Avoid "traps" where snacks and comfort food usually linger like chocolate, cookies and fizzy drinks. You will be surprised how much you can save when you do not spend unnecessarily on extra food that will fatten you up and cause you to be ill.

Ways To Save Money On Food Expenses-follow shopping list

3. Meal Planning For The Whole Week

With both parents working these days, it can be quite difficult to prepare a very wholesome meal for the entire family every single time right? Hence meal planning comes into play here. Plan what you will be having for breakfast and dinner for the whole week. By doing so, you can prepare the ingredients in advance, thus saving you a lot of precious time. Do you know that using an air fryer or a pressure cooker can cut down your cooking time by 70%? On weekdays you can prepare healthy and tasty food using one-pot cooking recipes using a pressure cooker. Yes, basically you just need to cook one dish using the pressure cooker to enjoy scrumptious and balanced dinner for everyone.

Ways To Save Money On Food Expenses-meal planning

4. Use Affordable Ingredients

There is no denying that some of us want to enjoy the so-called finer things in life especially when it comes to our food. But then again, that does not mean that you need to break your bank just to enjoy lip-smacking dishes right? Avoid recipes which require expensive ingredients. Instead of preparing beef, lamb, salmon or expensive fish a few times a week, try other more affordable alternatives such as chicken or eggs. You will be surprised that there are thousands of ways to cook your chicken and eggs. After all both chicken meat and eggs are leaner and healthier for your diet.

Ways To Save Money On Food Expenses Use affordable ingredients

5. Dining Out Wisely

Nobody says you should not dine out or take away your meals right? In fact, your wife or mother needs a break too, after whipping out those delicious meals for you at home. However I highly recommend that you do not dine out more than twice a week if you want to have more savings in your piggy-bank. Those occasional reward for your family or even yourself can turn into huge fat bills if you do not keep tab on what you are splurging on. Even a simple meal in a cafe for a family of 5 can easily cost more than RM150. Here is a pro tip when you are dining out: Do not order beverages OR order a bottomless drink that everyone can enjoy. 😁

Ways To Save Money On Food Expenses dine out wisely

6. Use E-Wallets or Credit Cards For Discount, Rebates & Cashback

So you might be asking: How can I save money on food without cooking? Is that possible? Of course you can still save a lot of money on food even you don't lift a single finger to cook. Use credit cards and e-wallets to get more discounts, promotions and cashback when you are dining out. In fact some credit cards and e-wallets will also give you extra discounts and cashback when you buy your groceries. This is really awesome right as you can stretch your money to work for you. However do not be carried away, thinking that you can spend more from the money that you have "saved". In other words, credit cards and e-wallets are double-edge swords that you need to use wisely to your advantage.

Ways To Save Money On Food Expenses credit card ewallet cashback

7. Practise Intermittent Fasting

It is undeniable that the fewer meals you have, the more money you can save. So if you want to save money on food without cooking or dining out, then you really need to learn to fast. Intermittent fasting has been scientifically proven to bring a lot of health benefits. So basically by praticising intermittent fasting you can save money and be healthier as well. Instead of eating all 3 meals daily, you can skip either lunch or dinner. If one lunch or dinner costs you around RM10 (US$2.50), you will be saving a whopping RM300 (US$70) monthly. In fact, we do not really need to consume so many calories daily right? More often than not, we are overeating which is responsible for the countless "expensive" ailments that we will suffer later on in life.

Ways To Save Money On Food Intermittent Fasting

BONUS TIP: Avoid Luxury Coffee & Beverages

A lot of us love coffee and some of us really love to sip the java from Starbucks right? Some even substitute coffee for food. I agree that the coffee at Starbucks can be tastier and more aromatic, but then again if each cup is around RM20 (US$5), you will be saving a lot monthly right? The rise of bubble milk teas is also thinning everyone's wallets, with each cup causing around RM10 to RM15. Unfortunately these beverages will never replace your balanced diet and such indulgence is actually just a luxury and not a necessity. Unless you are really, really loaded, avoid these luxury beverages.

Ways To Save Money On Food Luxury Coffee

There you have it folks, 7 ways on how to save money on food. By utilizing the tips and reminders mentioned above, I am sure you can cut down on your grocery bills and food expenses while dining out. Remember that we eat to live instead of live to eat for most of the time. Money that is spent unnecessarily on food which can be used for more meaningful purposes is a WASTE. Then again occasional indulgence on food is totally acceptable right?

Ways To Save Money On Food
You can still save money on food expenses while enjoying delicious and healthy food at home.

Images credit: Shutterstock

COMMENTS

BLOGGER: 12
  1. I am doing 6, 7 and bonus tips now. I prefer to eat than to buy clothes or buy beauty products.

    ReplyDelete
    Replies
    1. Good for you. Cosmetics will not make you beautiful...unless you eat them. LOL :D

      Delete
  2. Great advice! I would agree 100% about the coffee...and the bubble tea...and all those!

    ReplyDelete
    Replies
    1. Yeah. But youngsters today seem to love it. My family as well. :D

      Delete
  3. thats right, plan your groceries expenses dan memang menjimatkan kalau masak sendiri. rumah i ada 7 orang, sekali masak memang masak banyak untuk lunch until dinner.

    ReplyDelete
  4. Ohh yes... cooking at home is more pocket-friendly indeed. Coffee? Dalgona coffee at home! :p

    ReplyDelete
    Replies
    1. Yes. Unless you are really rich so it does not matter. :D

      You still drink a lot of dalgona at home? :p

      Delete
  5. Double agree for point 1 and 5. I am still learning point 6.

    When my mom cooks, she spends abt S$10.00, and that would be our lunch and dinner for two persons, so one meal works out to be only S$2.50, cheap, healthy and hygienic.

    ReplyDelete
    Replies
    1. Yupe! Home cooked meal can actually be the best saver in terms of stretching your money right?

      Delete
  6. I'm practicing almost all of it now hehe

    ReplyDelete
    Replies
    1. Good for you. Not that you really need to. Now you are even richer. :D

      Delete

Name

About Me,7,Adgitize,1,Adidas,2,Adsense,5,Advice,2,AdWords,1,Aeon,1,AirAsia,2,All England Badminton,2,Android,2,Angry Birds,1,Animal,13,Announcement,27,Antivirus,3,App Review,3,Apple,17,Arts,4,Astro,2,Asus,3,Attention Please,39,Automobile,38,Avatar,4,Awards,3,Baking,2,Barbies,1,Basketball,5,Beautiful Stories,2,Big Bad Wolf,1,Birthday,34,Bizarre,22,Black Pearl 2,1,Black Shark,1,BlackBerry,1,Blog Traffic,1,Blog Tutorial,1,Blogging,66,Book,5,Broadband,15,Buffet,4,Business,18,Camera,7,Career,1,Cases,2,Casio,1,Cat,2,Celebrity,75,Certification,3,Chinese New Year,43,Christmas,18,Christy Yow,4,ChurpChurp,5,Clothing,2,cny,2,Coffee,15,Community Service,1,Computer,2,Contest,9,Converse,2,Cookies,2,Cooking,10,Covid19,30,Credit Card,3,Cristiano Ronaldo,7,Daboba,2,Debit Card,1,Dental Care,1,Desserts,3,DiGi,6,Dinosaur,3,Dior,1,DJI,1,Dog,1,Double Dose,28,Double Tree,2,Dream,1,Drone,1,Dyson,5,E-books,1,Earbuds,5,Earth Hour,1,Education,4,Electric Scooter,1,Energizer,1,Entrecard,6,Events,9,Exams,4,Exercise Equipment,2,F1,2,Facebook,10,Fashion,8,Father's Day,1,Featured,2,Feng,1,Feng Shui,7,Festival,17,Finding Twitter Followers,2,Fitbit,2,Fitbit Ace,1,Fitness,6,Fitness Tracker,4,Food,2,Food In Aeon Bandaraya Melaka,1,Food In Melaka,14,Food Review,69,Football,24,Footwear,19,Fortnite,1,Fuel,2,Fun,80,Funny,21,G-Shock,1,Gadget,173,Games,5,Gaming,3,Gardening,1,Ghost,10,Gifts,11,Glasses,1,Golf,1,Google,6,Grab,1,GSC,3,Hard Drive,3,Hari Raya,2,Hasbro,1,Hatten Place,3,Health,31,Heart,18,Hermès,1,Heroes,7,Hi Tea,2,Home,5,Honor,4,Hotel,7,Hotel Review,2,Housekeeping,1,Huami,2,Huawei,10,HyperGear,2,IKEA,1,Infernal Affair,42,Infographic,3,Insurance,1,Internet,32,Internet Marketing,2,Investment,1,IOI City Mall,1,iPad,4,iPhone,10,iPod,2,Iron Man,2,Jay Chou,4,Jobs,1,Joke,2,Juke-Blog,27,Jusco,2,Kanghyuk,1,Kitchen,5,Kitchen Gadget,6,Knowledge,39,Kuala Lumpur,1,Lalamove,1,Lamborghini,2,Laptop,1,Lazada,4,Leaks,1,Lee Chong Wei,3,Lego,1,Lenovo,1,LG,2,Life-Style,46,Logitech,1,MacBook,1,MacDonald,2,Mahkota Parade,2,Make Money Blogging,3,Make Money Online,12,Make Money Tweeting,2,Malacca,16,Malaysia,38,Manchester United,14,Marketing,1,Maxis,1,McDonald's,1,MCO,31,Melaka,19,Mi Band,1,Microsoft,1,Midvalley,3,Mijia,1,Milky Our Pet Dog,1,Monday Blues,13,Money Talk,10,Mother's Day,3,Motorola,3,Movie Review,23,Music Monday,102,My Babies,201,My Chronicles,269,My Family,82,My Video,5,My Wife,25,Myvi,1,Nature,11,NBA,2,Nerf,1,New Mobile Phone,2,New Year,2,New Year's Resolutions,5,News,12,Nike,3,Nokia,3,Nokia E72,9,NSK,1,Nuffnang,17,Olympic,1,OnePlus,1,Oppo,6,Oreo,1,Outdoor,1,PageRank,2,Panasonic,1,Parenting,28,Pay Fong Middle School,2,PC Fair,1,Penang,1,Performance,1,Perodua,5,Pet,6,Petronas,5,PG Mall,1,Photography,21,Pikachu,1,Pokemon,1,Power Bank,1,Pregnancy,1,Premium Review,7,Pride Month,2,Problogging,14,Product Review,28,Productivity,1,Promotion,4,Proton,15,Proton Inspira,8,Qing Ming,5,Ramadan,4,Ramadan Buffet,5,Ranting,2,Razer,2,Realme,2,Redmi,2,Reebok,1,Reloaded,1,Reward,2,Rolls-Royce,1,Russell Taylors,4,Samsung,32,Samsung Galaxy S6,3,Seagate,1,Self-Improvement,1,Sex Chat,23,Sheraton PJ,2,Shocking,71,Shopping,22,Smartphone,58,Smartwatch,7,Snapchat,1,Software,4,Sony,2,Sony Ericsson,1,Soul,81,Speaker,4,Spectacles,1,Spongebob Squarepants,1,Sport,16,Star Wars,1,Starbucks,1,Streamyx,3,Subway,1,Sudio,1,Sunglasses,1,Supernatural,9,Suunto,1,Swimming,1,Tablet,4,Taiping,24,Taiwan Excellence,2,Taste Buds,110,Tech-Life,57,Tekkaus Poll,7,Telco,10,The Hobbit,1,Time,1,Tips,3,TM,2,Toy,23,Transformers,4,Travel,26,Twitter,13,Twitter Tools,1,U Mobile,1,Under Armour,1,Unifi,5,Vacation,15,Valentine's Day,4,Vivo,3,Watch,1,Wearable,14,Wesak Day,1,Widget,4,Women,9,Wordlesser Wednesday,28,Working Life,22,World Cup,12,Xiaomi,19,Youtube,9,YTL YES 4G,4,
ltr
item
Tekkaus | Lifestyle . Gadget . Food . Travel : 7 Ways To Save Money On Food Expenses
7 Ways To Save Money On Food Expenses
Learn how you can save money on food expenses that has been eating into your savings. With these 7 tips, you can cut your groceries bills and food shopping while still enjoying delicious and healthy food.
https://1.bp.blogspot.com/-l6hRSQE3flI/XuyfV1yYaXI/AAAAAAAAP5U/uCVpLZF1yRUcsSEg770Rd87ZDfonOPyPACLcBGAsYHQ/s1600/01%2BWays%2BTo%2BSave%2BMoney%2BOn%2BFood%2BExpenses.jpg
https://1.bp.blogspot.com/-l6hRSQE3flI/XuyfV1yYaXI/AAAAAAAAP5U/uCVpLZF1yRUcsSEg770Rd87ZDfonOPyPACLcBGAsYHQ/s72-c/01%2BWays%2BTo%2BSave%2BMoney%2BOn%2BFood%2BExpenses.jpg
Tekkaus | Lifestyle . Gadget . Food . Travel
https://www.tekkaus.com/2020/06/7-ways-to-save-money-on-food-expenses.html
https://www.tekkaus.com/
https://www.tekkaus.com/
https://www.tekkaus.com/2020/06/7-ways-to-save-money-on-food-expenses.html
true
4207407882210812347
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content