Showing posts with label beating the urge to buy. Show all posts
Showing posts with label beating the urge to buy. Show all posts

Guest Post: 9 Ways To Reduce Takeout Expenses

by

Andrea Woroch

In a time when nearly everything is available at our fingertips, we're growing more dependent on convenience, especially when it comes to food. With a number of food delivery apps like OrderUp, Seamless and the newly launched UberEats requiring a single tap on a smartphone to order dinner, it's no wonder more people are choosing takeout. While ordering out is a time-saving measure, it's important to weigh the additional costs of this convenience: every year, Americans spend an average of $1,100 per year on takeout alone.
While working families are more inclined to reach for their smartphones over the frying pan during the back-to-school rush, there are ways to keep dinner simple and inexpensive without depending on restaurants. Consider these 9 tips for quick and affordable meals.

1. Track your takeout spending.
To reduce spending takeout, you first have to know how much it's actually costing you each month. Track how much money you dish out each month by using a service like Mint, which links all your accounts in one place and categorizes your spending. This will help you quickly pinpoint the dollars going toward dining out so you can create a better budgeting plan.

2. Order groceries online.
If the task of grocery shopping is holding you back from cooking your own meals, consider ordering all your food online. Services like AmazonFresh and FreshDirect may not be the cheapest way to buy groceries, but they offer a convenient service that will ultimately help you reduce your takeout dependence and save money in the long run. Many grocery stores including Safeway offer delivery services, too, so do your research and compare rates.

3. Download free meal plans.
Creating a meal plan is a great way to save money on dinner, but in itself requires quite a bit of time! While services like eMeals make the task of meal planning and creating grocery lists easier, they can be costly. Instead, turn to Pinterest or the Internet for meal plans. You can find them at LifeAsMom100DaysofRealFood or this month of dinners compiled by Real Simple magazine.

4. Buy ready-made.
Purchasing ready-made meals may seem pretty similar to takeout, but typically you get more bang for your buck in the form of leftovers. Most grocery stores offer ready-to-eat rotisserie chicken for around $6, offering a quick and healthy main course for your family. Any leftovers can be made into sandwiches or thrown into salads and pastas for extra protein. For added convenience and nutrients, grab a bag of frozen veggies - these side dishes are flash-frozen at peak ripeness and nutrient levels, which means they're both healthful and convenient!

5. Stock the freezer.
When you or your family are hungry and there's nothing in the refrigerator to eat, ordering out seems like a fast and simple solution after a long day. Avoid these situations by stocking your freezer with meat and fish, stir-fry veggies, pizza and other ready-to-cook foods to make meals in a snap. This way, you have a back-up plan that doesn't include pricey takeout meals.

6. Schedule a prep day.
Prepare food for the week on Sunday (or whatever day you have some spare time) and make quick meals that your family can pop in the microwave before and after work or school. Do all the chopping, dicing and mincing of the ingredients you'll need throughout the week for faster cooking.

7. Get a slow cooker.
The closest you can get to having dinner ready when you get home is a slow cooker! Throw all your ingredients together in the morning and come home to the delicious smells of dinner ready to serve. Stores like Macy's, Kohl's and Best Buy offer a range of slow cookers, so compare prices and look for coupons for additional savings. For example, you can use a Best Buy coupon code from CouponSherpa.com to save 20% on a highly-rated Hamilton Beach appliance, spending less than $45.

8. Repurpose leftovers.
While leftovers are the easiest way to save money and avoid food waste, consuming lasagna for the third time in a week is a tough sell for most kids. Instead of letting the meal rot in the back of your fridge, look for ways to repurpose leftovers into new dishes. Use the LoveYourLeftovers App for inspiration and recipes to remake the food you're sick of eating.

9. Cook what you have.
If spending over $1,000 per year on takeout wasn't shocking enough, consider this: Americans waste an average of $165 billion in food every year, with a family of four throwing away over $2,200 annually. Be a better steward of your food and your finances by using SuperCook.com, a website that creates recipes around items you already have in your refrigerator and pantry. Spend a few minutes entering the ingredients and you'll be greeted with several recipe options to prepare. 

Andrea Woroch is a consumer and money-saving expert for Kinoli Inc. From smart spending tips to personal finance advice, Andrea transforms everyday consumers into savvy shoppers. As a sought-after media source, she has been featured among such top news outlets as Good Morning America, Today, CNN, Dr. OZ, New York Times, MONEY Magazine, Huffington Post, Forbes and many more. For more information, visit AndreaWoroch.com or follow her on Twitter for daily savings advice and tips.

Guest Post: Daily Deal Addiction: Beating the Urge to Buy

by

Andrea Woroch


The popularity of daily deal sites like Living Social and Groupon has yielded huge benefits. Consumers receive massive savings on everything from dining out to teeth whitening; yet with the positive comes the negative. The ease with which these deals can be purchased, coupled with the prospect of double-digit savings, is creating a troubling trend: daily deal addiction.

If your collective expenditure on daily deals rivals your monthly mortgage payment, remember the following tips to keep overspending at bay.

1. Cut Down on Subscriptions
With so many daily deal sites out there, your inbox is probably flooded with offers and the temptation is thus multiplied. Sign up for just one of your favorite sites and ignore the rest. Most of these services have similar offers anyway. You also might want to create a separate email address so you can discern deals from spiels.

2. Go Halvsies With Friends
Frequently, daily deals feature two-for-one opportunities yielding double the pleasure. Consider splitting the discounted cost with a friend to get even more bang for your buck.

3. Set Rules
Daily deal purchases should be treated like any other expense and incorporated into your monthly budget. Consider the activities on which you spend the majority of your discretionary income, and search for deals accordingly. To receive the best value, check out these tips for getting the most out of group buying sites.

4. Sell Your Daily Deal Vouchers
Half-off laser treatments may sound like a good idea, but you could later regret it. Never fear; sites like CoupRecoup help identify buyers for your impulsive daily deal purchases.

5. Save With Coupons Instead
Find coupons for the items you need, instead of making unnecessary purchases based on bid savings. No patience for coupon clipping? No problem. Find online coupons for Kohl'sHome Depot, and hundreds of other major retailers at CouponSherpa.com.

6. Choose Deals Wisely
A good deal is hard to pass up. However, you end up spending unnecessarily when the prospect of big savings clouds your judgement. Find deals for items you need and skip everything else.

7. Go Cold Turkey
Believe it or not, there was a time when Groupon didn't exist. If these deals are interfering with your daily routine, consider unsubscribing entirely and get back in tune with your real needs. You'll likely find they're much less expensive.


 As a nationally recognized media source, Andrea Woroch has been featured on Good Morning America, NBC Today Show, FOX & Friends, MSNBC, ShopSmart Magazine, Kiplinger Personal Finance, CNNMoney and many more. To view recent interviews or for more savings tips visit AndreaWoroch.com or follow her on Facebook and Twitter.

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