Posts filed under ‘food’

Budget Down to Your Belly

Many college students have a limited budget. They are not able to spend money on things they may want, simply because they don’t have it. Instead, many result to the less expensive, next best thing.

According to an article by Investopedia, there are many industries that are benefiting from broke college students, for this reason. One industry that obviously benefits from college students is the alcohol industry. This would apply to all liquor stores, bars and beer/alcohol companies. Other companies that this article says are benefiting from college students are discount furniture stores, the automotive industry for economy cars and big box stores such as Target and Walmart. A major industry that is benefiting is fast food chains such as McDonalds, Taco Bell and Burger King. These are restaurants where students can quickly pay for food and almost instantly receive their meal. It’s simple and cheap.

Food is a main component that people spend money on. It’s a big expense in any household. I mean, after all, everyone has to eat! Whether you’re cooking in or eating out, you’re spending money for that meal. You either need to buy your meal from a restaurant or buy the ingredients to cook.  Eating out adds up, and although it’s nicer and easier than cooking, you should limit yourself to how much you go out. Buying groceries will last longer and be cheaper. With a little prior planning, you can lower spending more than you probably think.

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There are several things you can do as a buyer to lower the amount you spend while grocery shopping. First, you should always go with a list and stick to it. You should check what you already have in your kitchen so you don’t buy food you don’t need. Have a budget right off the bat of the amount you’re able to spend on groceries. Another good tip would be to keep your receipts. This is a good way to compare different shopping trips or food stores to find the best one. When shopping, it’s also helpful to buy things that can be frozen. This way, you can save food you don’t eat right away, and save it for later so it doesn’t go bad. Look for specials, sales and coupons. Stocking up on sales and buying in bulk will definitely help save! If you must go out, try and find coupons online or go when there are special deals at a restaurant. Happy eating!

May 13, 2012 at 3:53 pm Leave a comment


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