Thank you for joining the waitlist!
You’re on the list for early access!
We will contact you via email when we’re ready for you to start your self-directed financial plan. In the mean time here is a quick preview…
Check out our latest blog posts…
Eating Healthy For Less
Eating healthy can be hard. It can also be expensive. But it doesn’t have to be either these things. With a little work, eating healthy can cost you less than you currently spend on groceries each month.
For the average household, groceries account for over 10% of their annual spending. That’s over $6,100 per year! If you have children it’s even higher; families with children have an average expenditure of $8,753 per year!
Cutting 10-20% from your grocery bill can mean $1,000’s per year in savings. Saving money on groceries can help you fund the simple retirement plan or help you reach other financial goals.
But saving money on food doesn’t mean eating crap. Below you’ll find seven different ways to cut down on your grocery bill and still eat well.
In our home I’m responsible for 80-90% of the cooking and because I do most of the cooking I also do the meal planning and grocery shopping too. This means the grocery budget is entirely my responsibility.
For the four of us, two adults and two children, our grocery budget is $4,800 per year. That’s $400 per month or about $100 per week. We spend about 45% less than the average family with children.
To make this work we use the seven strategies below to help reduce our grocery budget while still eating healthy.
Building A Financially Stable Life
Financial stability is so important. Having your finances in order can be a huge stress relief. It lets you focus on the important things in life. Even small financial changes can have a big psychological impact.
Unfortunately, financial stress is the number one stress factor in our lives. This is especially true for young people.
For young people, personal finances cause more stress than family, health, or work. We obsess over our finances weekly, daily, over even hourly.
There are many aspects to consider when building a financially stable life. Things like budgets, emergency funds, maintenance funds, saving rates and debt reduction.
It also takes motivation. You need to have a goal in mind. This provides you with the motivation to make changes to your daily routine.
Building a financially stable life is possible. Any financial situation can be improved. There are just a few things to consider…
Appreciate More, Spend Less
It’s hard to truly appreciate things until they’re gone. It could be something as simple as the electricity going out. When the power goes out you start to truly appreciate those little electrons that usually flow around your house unseen. At the flip of a switch you could create light but now it’s gone. Food is getting warm in the fridge. Your cell phone is running out of power. At that moment, you really appreciate electricity.
Or maybe it’s the internet. Something few of us could live without. Information at your fingertips. Updates from friends and family only a click away. At the press of a button you have thousands of movies and TV shows available for streaming. When the internet goes down you really appreciate its value.
How does this relate to personal finance? Isn’t it obvious? Everything we spend money on has value to us. Some things have more value than others. Unless you’re super rich you need to make decisions when you budget. What stays and what gets cut? The easiest things to cut are those things you value least.