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May 3, 2023 by Brett Tams

By Contributing Author 4 Comments – The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited February 21, 2014.

This post is part one of a four-part series by SD Guy, the blogger behind Stretchydollar.com, a blog that focuses on the basics of personal finance and is geared towards those who don’t have much experience.

Family gatherings happen frequently at my grandparents’ house. My grandpa loves to host, and makes a big deal out of every meal whether there are two or 20 of us. My grandma is a great cook, and we’ve enjoyed many great meals there. Thanksgiving, Christmas, and many birthdays have been happily celebrated around their dining room table. My grandpa is famous for making sure that every last morsel of food gets eaten. He lives by the motto ‘waste not, want not’ and will often abandon his own meal and carry dishes of food around making sure we’ve all had our fill. His catch phrase is “ya wanna kill that?”

While it’s funny to watch my Grandpa push the food around and we’re always ensured of a full meal every time we visit their house, there is a valuable lesson that I’ve taken from my Grandpa’s habit.

Clean Your Plate!

It’s a simple idea, and one you’ve been hearing from your mother since the age of three, but it’s still true! If you’re throwing away food after meals, you’re basically throwing away cash. Correctly sizing your portions, only purchasing what you know you’ll eat, and saving leftover food will greatly expand your food budget. It takes a bit of practice (and some extra Tupperware containers) but learning to moderate your eating habits. You won’t need to purchase as much food, and any leftovers can conveniently become lunch for the next day.

Don’t Buy More Than You Need

With all the different advertising tricks grocery stores are using these days, it’s easy to get sucked into buying more food than you really need. If you spot a “Buy 3 for $5” deal for a product that is usually $4, you can get the same discount, even if you buy only one. There are quite a few food items my grandparents don’t buy unless they are having a party. Even then, my grandpa counts and recounts to ensure that he knows how many people are coming and plans accordingly.

If there are any leftovers after the meal, my grandpa packages them up on paper plates with tin foil and distributes them to everyone as they leave. He knows that he and my Grandma won’t eat it, so he wants to make sure that someone enjoys the food.

Easier Storage

If you only buy what you need, you can store food much more effectively. Knowing when food will expire and how much you have left of certain necessities will make meal preparation easier, and will also make it easier on you when you shop.

The Point: Moderating your food purchasing to just things you’ll use will help you plan and prepare meals, store your food, and manage your expenses quite a bit easier.

This post is part of the “Use It Up, Wear It Out, Make It Do, or Do Without“ Series

  • Part 1 – Bible Money Matters – “Use It Up”
  • Part 2 – The Dough Roller – “Wear It Out”
  • Part 3 – Pecuniarities – “Make It Do”
  • Part 4 – StretchyDollar – “or Do Without”

Thank you for reading!

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Source: biblemoneymatters.com

Posted in: Life Hacks Tagged: 2, About, Advertising, age, All, author, basics, bible, big, Blog, Budget, Buy, Buying, Christmas, Clean, containers, cost, dining, dining room, entry, expenses, experience, Finance, Financial Wize, FinancialWize, food, food budget, Frugality, funny, great, grocery, grocery stores, habit, habits, house, id, items, Learn, Links, Make, Make Money, making, manage, meta, money, Money Matters, More, or, part 1, party, Personal, personal finance, plan, plans, Purchase, Reader submissions, room, Saving, simple, storage, thanksgiving, time, tricks, wants, will

Should Your Grandparents Refinance Their Home?

February 12, 2023 by Brett Tams

This is an article by Neal Frankle. Neal found himself in a financially fragile situation at the age of 17. Both his parents passed away while he was still in high school, leaving behind a small insurance settlement. Neal sought out a financial advisor to help him invest his nest egg so that it would […]

The post Should Your Grandparents Refinance Their Home? appeared first on Bible Money Matters and was written by Contributing Author. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

Posted in: Mortgage, Refinance Tagged: 2, advisor, author, Benefits, bible, Broker, Buy, College, Commentary, condo, cost, decision, entry, experience, Family, Financial Advisor, Financial Wize, FinancialWize, fixed, great, healthy, home, house, impact, industry, Insurance, interest, interest rates, Invest, Learn, loan, low, Make, Make Money, making, meta, money, Money Matters, More, Mortgage, new, parents, party, payments, plan, Planning, rate, Rates, Reader submissions, Refinance, School, settlement, simple, smart, time, title, will

Examples of Questionable Business And Marketing Practices And How Not to Fall for Them

February 26, 2022 by Brett Tams

First, I would like to thank Peter for letting me write an article here. Being a Christian myself, I have been very impressed with how Peter shares his thoughts about what the bible says about money and other things. I would like to talk about and highlight shady business practices, how many still fall for […]

The post Examples of Questionable Business And Marketing Practices And How Not to Fall for Them appeared first on Bible Money Matters and was written by Contributing Author. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

Posted in: Find An Apartment Tagged: business, Commentary, Credit, Ethics, Fall, Financial Wize, FinancialWize, great, money, Money Matters, More, Reader submissions

Headed for Debt Disaster? Here’s How to Tell

March 24, 2021 by Brett Tams

This is a Guest Post written by Tisha Tolar. Tisha is a freelance writer providing content for CreditCardAssist.com, where she regularly writes about credit cards, rewards programs and general consumer finance issues. Busy, busy, busy. That is how so many people describe their lives today. There is not always time to truly focus on the […]

The post Headed for Debt Disaster? Here’s How to Tell appeared first on Bible Money Matters and was written by Contributing Author. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

Posted in: Find An Apartment Tagged: All, balance, big, bills, Budget, Buy, car, cost, Credit, credit card, credit cards, credit score, Debt, debt free, Debts, Emergency, Family, Finance, finances, Financial Wize, FinancialWize, freelance, Get Out of Debt, guest post, home, How To, Income, job, Learn, Life, list, Loans, Main, Make, money, Money Matters, More, paycheck, programs, Reader submissions, Review, rewards, Rewards Programs, risk, second, Spending, trust, will

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