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Saving Money by Cooking

August 31st, 2009 C2G Leave a comment Go to comments

home cookingOne of my biggest expenses is food. I love to eat! Especially Sushi.

Choosing to eat out can easily cost you $200-300 a month. This figure can vary greatly, depending on your frequency and price range. After it is said and done, there is  simply a premium in  having someone else prepare your food and clean up after you.

Unfortunately, albeit logically, when eating fast food you sacrifice quality and nutritional value for price and convenience. The U.S. culture is addicted to convenience and it is making the majority of our citizens obese.

It seems that a lot of people avoid cooking because it is too intimidating and eating out seems a lot more of a comfortable option.

However, by learning to cook your own meals you can save your bank account and your waist line…

Stop Eating All Your Hard Earned Dough

Learning to save money can help you gain leverage on almost any aspect of your life. It creates more independence and options.

How much do you spend each month eating out? If you are anything like me, you will be very surprised if you track one month’s spending. If you look at long term costs, spending on eating out can easily exceed several thousand dollars per year.

I recommend using Mint for keeping tabs on your money. It allows you an easy way to track your spending, manage your funds, and its FREE.

After you discover the true cost of dining out, you can begin to develop a saving strategy based on eating cost efficient, easy, and healthy meals at home.

Learning to Cook

Cooking can be very  intimidating to the kitchen newbie. But, if you can follow directions, most recipes can be knocked out step by step. Check out All Recipes for a variety of recipes with tips, tricks and comments from others.

Having the proper cookware is important. Non-stick pans, a measuring cup, a variety of utensils, a colander, some sharp knives and a casserole baking dish will get you started pretty nicely. You can buy new, or save dramatically by using craigslist or scouring yard sales to find the cookware you need.

You will recover the cost of investing in the cookware very rapidly if you make an effort to cook at home as much as you can.

Saving money and eating healthy does not require elaborate cooking… You can cook eggs for breakfast, a sandwich for lunch, and pasta or a casserole for dinner.

Cooking and eating on your own terms also makes it easier to track your calorie and nutrient intake, which is paramount to proper dieting.

You will often have left-overs from dinner. This is great because you can use it for other meals; saving you more time and money.

The benefits of left-overs can be maximized by batching your meals… You can find meals you like, make a large batch, then eat off it for the whole week. Most food items come highly discounted if you buy in bulk. Thus, batching is the best way to save time and money from cooking.

Ultimately, the key to becoming a proficient chef is experimentation and trial &  error. Don’t be too discouraged if your first few attempts are sub-par. Keep trying!

Fringe Benefits

There are many benefits to cooking your own meals.

Beyond saving money and being healthier, cooking is very appealing to the opposite sex. I have never met anyone, man or woman, who has complained that their significant other is too good of a cook.

What would you do with an extra grand or two in your bank account after a year? You could us it to travel, pay off debt, or any other life growing endeavor.

Give cooking a chance, you will be pleasantly surprised how fun, delicious and valuable it can be!

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  1. Joel
    September 1st, 2009 at 07:46 | #1

    Dude I love me sweet icon. Start shopping at Aldi instead of harris teeter and you will save at least 50% on your grocery bill. Dining out is a huge waste of money. You should not quit going out to eat altogether. This can be a great time to relax and spend time with friends and family.

  2. Joel
    September 1st, 2009 at 07:47 | #2

    im angry

  3. Joel
    September 1st, 2009 at 07:47 | #3

    or is that focused…

  4. C2G
    September 1st, 2009 at 09:51 | #4

    @Joel
    I think there is a time and place for eating out… Sushi is may be one of my favorite types of food and it is a little impractical to make at home.

    However, after discarding the exceptions of celebration and exotic food, you are right and eating in should be use to save money, eat health, and spend time with loved ones.

  5. Joel
    September 1st, 2009 at 12:21 | #5

    Dude, i can’t remember exact figures or anything but i read somewhere that kids who eat dinner with their families around a dinner table are way more likley to be successful and have a better time in schools. C2G research needed.

  6. C2G
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