I recently posted on my couponing strategy for saving the Colliers more money. Now I'm taking couponing a step further with menu or meal planning. That is, taking what is on sale and having recipes in hand ahead of time so that food no longer goes to waste.
We've all been there. We've spent an afternoon at the grocery store, wasted gas driving around and filled our empty fridges up to the brim with food. We've also thrown a significant amount of that food away. According to an article found in the New York Times from 2010, a study was conducted by the University of Arizona in 1992 which found that 25% of the food that we bring into our homes gets thrown away. Further, another study in 2009 found that number to increase 1.6 fold to 40% of food that is wasted. It means of the $200 (or so) on average that we spend at the grocery store(s) per month, $80 gets tossed directly into the trash. That may not seem like a lot but that is $960 per year!!
That $960 a year could get invested towards the purchase of our first home, a family vacation or just a rainy day.