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Reducing Your Food Spending
Details
Activity Description
- Stay in Tonight (examine the cost of eating out)
- Waste Not (take a look at food at home and reduce the amount wasted, includes My Fridge Food a great place that takes the ingredients you have on hand and offers recipes to use them)
- Grocery Game Theory (examine making bulk meals and freezing extra for another meal)
- Cutting Cost of Convenience (use unit cost to figure best value
In this activity the class is divided into four groups who examine each method, write a summary, and present what they learned to the class.
Preparation
- Check the website to ensure it is not blocked at your site.
- Read through the lesson plan.
- Print and make copies of any handouts.
Teacher Tips
This website is vast with many useful tools and great information. Take time to explore what is available. Check links to make sure they are current
More Ways
Money Management International has many resources including Celetrating Financial Literacy Month. Here they look at 30 Steps to get "more from your money" One way to use this information is to let class pairs select one step, read about it, write a summary and present it to the class. The 30 steps are:
- Commit to change
- Assess Your finances
- Clear out the financial clutter
- Set yourself up for success
- Get copies of your credit reports
- Clean up your credit report
- Make your money count
- Identify your starting point
- Review your debt situation
- Set your priorities
- Set SMART financial goals
- Set short-, mid-, and long-term goals
- Paydown your debt
- Expect the unexpected
- Secure your financial future
- Make a commitment
- Save for your goals
- Follow where the money goes
- Identify and document fixed monthly expenses
- Identify and plan for periodic expenses
- Document your spending
- Identify ways to reduce spending
- Save money on groceries
- Start an open dialogue
- Document your desired spending
- Protect yourself by performing financial check-ups
- Understand the cost of credit
- Assemble a financial team
- Appreciate the benefits
- Keep moving forward
Program Areas
- ABE: Adult Basic Education
- ESL: English as a Second Language
Levels
- All Levels
- Intermediate Low
- Intermediate High
- Advanced