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Leading adult education through support for and the effective application of technology.

Reducing Your Food Spending

Details

Tech Product/Equipment:
Computer and projector, Mobile devices for students

Activity Description

Ultimate Guide to Reducing Your Food Spending
Source: Money Management International (License: Protected by Copyright (c) [i.e. screenshot])
 Four methods are shared on Reducing Your Food Spending
  1. Stay in Tonight (examine the cost of eating out)
  2. 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)
  3. Grocery Game Theory (examine making bulk meals and freezing extra for another meal)
  4. 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

  1. Check the website to ensure it is not blocked at your site.
  2. Read through the lesson plan.
  3. 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:

  1. Commit to change
  2. Assess Your finances
  3. Clear out the financial clutter
  4. Set yourself up for success
  5. Get copies of your credit reports
  6. Clean up your credit report
  7. Make your money count
  8. Identify your starting point
  9. Review your debt situation
  10. Set your priorities
  11. Set SMART financial goals
  12. Set short-, mid-, and long-term goals
  13. Paydown your debt
  14. Expect the unexpected
  15. Secure your financial future
  16. Make a commitment
  17. Save for your goals
  18. Follow where the money goes
  19. Identify and document fixed monthly expenses
  20. Identify and plan for periodic expenses
  21. Document your spending
  22. Identify ways to reduce spending
  23. Save money on groceries
  24. Start an open dialogue
  25. Document your desired spending
  26. Protect yourself by performing financial check-ups
  27. Understand the cost of credit
  28. Assemble a financial team
  29. Appreciate the benefits
  30. Keep moving forward

Program Areas

  • ABE: Adult Basic Education
  • ESL: English as a Second Language

Levels

  • All Levels
  • Intermediate Low
  • Intermediate High
  • Advanced
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OTAN activities are funded by contract CN240137 from the Adult Education Office, in the Career & College Transition Division, California Department of Education, with funds provided through Federal P.L., 105-220, Section 223. However, OTAN content does not necessarily reflect the position of that department or the U.S. Department of Education.