Income Verses Life Style – Being Frugal

Old friends, one being 92 and the other 91.
Having their morning tea on the front porch.
Merralee had been repeating herself many times to her hard of hearing friend, finely ask ‘Vera, why do you have a suppository in your ear?’
After a minute of silence, Vera said ‘damn! Now I know where I put my hearing aid.’

The Chart Below Is based on my personal experience and watching my coworkers purchasing habits.
Many if not all actually spent more per-day on out of home food and beverages than is reflected on this chart.
Note that daily/weekly incomes are ‘Before federal employment Taxes’ have been deducted or (local/state sales taxes have been added on). At $10.00 an hour, the federal tax base will deduct a minimum of $1.20 from your daily wages($60.00 weekly) leaving you with a maximum of $78.80 daily available cash after federal employment taxes are deducted.

With a few very small changes in your daily habits you can save $80.00 or more every week. We are all some what creatures of habit from the time we get out of bed in the morning until we get back in bed at night. With only a few life style habit changes you can save $4,000.00 or more dollars every year.
What will you use that new found $4,000.00 for?

Remember this chart reflects the per-person daily/weekly food and beverage cost. If your spouse is also working out of home they can achieve the same $4,000.00 per-year savings and put $8,000.00 or more dollars back in to your family bank account.

Food / Beverages Daily Cost Weekly Total
Soda 1 bottle daily $1.80 $9.00
Coffee 1 cup daily $1.75 $8.75
Muffin – Doughnut 1 daily $1.79 $8.95
Bottled Water 1 daily $1.59 $7.95
Lunch Sandwich 1 daily $5.00 $25.00
1 Small Bag of Chips $1.00+ $5.00+
1 time weekly Restaurant Dinner $15.00 $15.00
Weekly Cost $ $79.45
Daily cost $15.90 $15.90
Daily income @ $10.00 per-hour $10.00 $80.00
Yearly Cost $ $4,131.40

How does this work?

Start by keeping a weekly food & beverage diary
Jot down the cost of every food, snack and beverage you (out of home) purchase daily for 1(one) full month. Use this list to determine what foods and beverages you can cut or reduce by bring the same items from home or eliminating them all together.

1. Reduce soda consumption by at least 1 bottle/can daily.
2. Make coffee at home, it cost about $0.10 cents a cup.
–don’t buy bottled tea, you can brew tea at home for about 10 cents a cup.
–don’t buy fruit drink, if you must have it, buy 100% pure fruit juice.
3. Bake your own muffins and cookies. Use a low or no sugar recipe.
–add berries or fresh fruit for added sweetness and flavor to your muffins.
4. Drink tap water in a bottle you provide.
–100% pure water, 100% safe. Cost less than 1 cent per bottle.
5. Brown bag, fix and take your lunch with you.
–make yourself a salad and fruit lunch.
-make your own low fat low calorie dressings.
-Eat out no more than once a week, don’t order high fat, high calorie meals.
6. Don’t spend money dinning out more that once a month.
–don’t order IN pizza and similar expensive – high Fat high Calories foods.
7. Strike potato and corn chips off your shopping list.
–after a few weeks you will adjust and will not miss having them.
Note: It can be done! I haven’t purchased chips or dip in more than two(2) years.

Not only will you save a lot of money you will cut hundreds of fat calories from your diet.
Keeping the math simple, you can easily save $70 to $95 dollars a week with very few changes to your daily habits.

Extending these saving to a family of 2, [$75.00 week each] X 2 = $150.00 weekly savings for two people, that’s over $8,000.00 a year.
Getting your children involved will give you even larger weekly savings. Think about what you could do with 8 or 10 thousand dollars next Christmas.

Not from the USA Please leave me comment about your home town and country.

If you see or read something you like Please Share By Re-blogging, Twitter or Email To A Friend.

Why is common sense so uncommon?
Don’t be Shy. Leave me your Comment(s)

Advertisements

17 responses to “Income Verses Life Style – Being Frugal

  1. Looking at your brief list, other than water, by cutting out the above items (or at least preparing them at home) we can eliminate hidden sugar, salt, and chemicals for which we would need an PhD to understand. Not only might we have more to spend or save, we will be healthy along the way. I’ll show my age, or just be an old fart, but in my youth a soda was a treat a couple of times each summer on a hot day, not a daily staple in a six-pack. Going out to a restaurant was a date, not social entertainment three to four times per week…. To increase the benefit of home cooking, add all the physical activity one gets from turning the garden, planting, hoeing, harvesting, preserving, chopping, stirring etc. Thanks for the reminder (or soap box).
    Oscar

    Like

    • Re hermitsdoor Osca, I to must be at that age. In my youth things like movies, coke, candy bars and eating out were all special events. People would never call at meal times and OMG we were forced to eat together and we were even forced to talk face to face.
      Technology is great, but, it has contributed to the loss of ‘real’ communication and social skills that came from person to person skills learned from play time, meal times, home/farm chores and so on.
      Many of us worked in our family gardens and helped feeding and caring for our family poultry flock and tending livestock.
      Happy Spring Gardening

      Like

  2. Thank you for planting a whole garden of possibilities in our heads. How much is enough, anyway? In the Healing Garden, there is always enough of everything necessary. For the rest, we have a gardener’s rule of thumb. We remember that our thoughts become our words. Our words become our actions. Our actions become our habits. Our habits become our character. And our character becomes our destiny. In the Healing Garden, we appreciate using our discretionary income as a gesture of our character. When we can. This is not so easy if the basic elements are out of our reach, too. We start with the small. And we can do. Each day is a new day. And a chance to practice for the better. Your post makes me hopeful we will each discover for ourselves how much is enough. It is a healing question. – The Healing Garden gardener

    Like

    • Re garden98110 Thanks for taking time to visit my humble little blog.
      Grin … I’m Frugal Not Cheap!

      Happy garening

      Like

      • And smart, because you know the difference. Cheap takes all the fun out of the extravagant abundance in every garden. Frugal is a natural way to live, preparing from one season to the next. Sharing this important path to frugality is a real gift. Thanks. – The Healing Garden gardener

        Like

  3. Very good. Can be used even in Sweden. 🙂

    Like

    • Re Margareth Osju Thank you for taking time to visit my humble little blog.
      🙂 bad habits are bad habits no mater what country you call home.
      Happy spring gardening

      Like

  4. A few years ago I sat down and broke down our income and our spending. What an eye opener!!!! The first step to recovery is admitting you have a problem and we had to admit we had a spending problem. We’ve made small steps toward recovery ever since, but habits are hard to break. So last month hubby asked me to figure out how much he had spent on lunches over a month. He was stunned and that established the first challenge of the year. I have been cooking a lot of soups, stews and chili’s this month and he takes the left-overs to work. He has not spent money on lunches at all this month and it’s saving us a lot of money. If he could stick to this throughout the year, we would pocket almost $4000. $4000 can buy us a lot of good quality seeds for our garden over several years.

    Like

    • Re debweeks Thanks for taking time to visit my tiny blog. I was raised in a time and place that getting things like soda and chips was a special event and even though a coke or a small bag of chips was only a nickle, in those days no one had a nickle to spare.
      I was really in the country, it was 14 miles down a dirt road to the nearest paved road and another 10 miles to the nearest small town.
      So I never developed a bad habit of buying a lot of ‘snack’ foods.
      I think most people would be shocked at the amount they spend on junk/snack foods if they kept a honest diary of what they are buying daily, out of home..

      Good luck, think healthy home grown fresh out of your garden food and snacks.

      Like

  5. I bring my lunch every day, and we eat takeout maybe once every few months! Now if I can get my lovely coworkers to stop stealing my Pepsi Max, I’ll be even better off…

    Like

    • Re heretherebespiders thanks for dropping by for a visit.
      Sad but true, it seems that in every office there’s always at least 1 food / drink thief.
      Happy spring gardening

      Like

  6. Some good advice. Don’t forget about cutting the sugary crap from your diet, you’re just spending money to become unhealthy.

    Like

    • Re William Andrews Thanks for taking time to visit my little blog.
      Your Right about that sugar thing. I have been mostly sugar and salt free for so many years that I forget that everyone is not mostly sugar free as I am.
      Thanks
      Happy spring garden eating

      Like

  7. Although the potato/corn chip thing is tough…

    Like

    • Re JonesGardenBlog Thanks for taking time to visit my humble blog.
      I finely broke the chip habit (1) I don’t buy them! (2) I keep things I like to eat in small containers in my refrigerator, I use an assortment of fresh / canned fruits, raw and blanched vegetables low fat, low calorie dressings. I like and use a simple olive oil and rice vinegar or red wine vinegar nothing else added.
      Good luck
      Happy frugal Gardening

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s