I recently blogged about a financial goal of mine. I guess you can say that, for me, this is the goal. So, in response to a reader comment I thought I'd provide some details on how I plan to achieve this goal.
Quite frankly, I'm going to squeeze the budget very tight!
Luckily, eating frugally does not have to mean neglecting your health. For example, eating oatmeal for breakfast on a regular basis is actually good for you. If you have cholesterol problems, for example, your doctor might recommend that you do something like this.
Similarly, brown rice, as opposed to polished white rice, contains rice bran and rice bran oils that research has shown to be very beneficial to cardiovascular health. As well, whole grains in general are a good source of fiber and can help prevent various types of cancer.
My diet is already similar to this as you can see by posts such as "Healthy and Cheap" and "Rice Cooker Bliss. So, perhaps a day of meals would be something like this:
- Oatmeal, frozen blueberries, milk
- Fried onions, rice, eggs
- Roasted green peas snack
- Fried ground beef, spices, rice
- Cottage cheese snack
I'd say that $6 of oatmeal and $6 of rice will allow me to eat as much of both as I might want for an entire month. Milk, butter, onions, spices, ground beef and other meats, cottage cheese, fruits, vegetables and other additional ingredients can be used in fairly small quantities to round out meals and make sure my diet is nutritionally complete.
I'd say, based on experience, than I can shave $200 a month out of what would be a common food budget for a non-extravagant lifestyle. I'm very lucky that I honestly like these foods and don't mind eating them very frequently.
Note: Part of the recent Festival of Frugality at Money $mart Life.