Things We Need Vs. Things We Want

Dear Readers, a Leo, who is married with 2 toddlers and a dog asked: How do I save more money on groceries while feeding the family? And how do I prioritize things we need vs want—where is the line?

Dearest Leo: Saving money on groceries while feeding a family can be both budget-friendly and fulfilling. Here are some tips to help you find that balance between needs and wants:

1. Plan Meals and Create a Shopping List: Start by planning your meals for the week. This helps you buy only what you need and reduces food waste. Create a shopping list based on your meal plan and stick to it while at the store.
2. Buy in Bulk for Essentials: Non-perishable items like rice, pasta, canned goods, and toiletries can often be cheaper when bought in bulk. Look for sales or discounts on these items.
3. Coupon and Discount Apps: Utilize coupon apps and websites to find discounts on the products you regularly use. Many stores also have their own apps with exclusive deals.
4. Compare Prices: Don’t hesitate to compare prices between different brands and stores. Sometimes, store brands or generic options can be just as good as name brands but cheaper.
5. Limit Eating Out: Dining out or ordering takeout can quickly drain your budget. Reserve eating out for special occasions and focus on home-cooked meals.
6. Cook in Batches: Make larger portions of meals and freeze leftovers. This saves you time on busy days and prevents you from ordering takeout.
7. Prioritize Needs vs. Wants: When shopping, consider whether each item is a necessity or a luxury. Prioritize your needs, like nutritious food and basic household items, over wants like snacks and treats.
8. Set a Grocery Budget: Determine a weekly or monthly budget for groceries and stick to it. This will help you make more conscious choices at the store.
9. Avoid Impulse Buys: Be mindful of impulse purchases. Stick to your list and avoid adding items to your cart that you didn’t plan to buy.
10. Involve the Family: Teach your toddlers about budgeting by involving them in age-appropriate ways. For example, let them choose fruits or vegetables at the store or help with meal prep.

Remember, Leo, finding the balance between needs and wants is a continuous journey. It’s okay to occasionally indulge in wants, but maintaining a focus on your family’s needs will help you save more money in the long run.

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