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I know what its like to have to eat on a budget. Despite an awesome scholarship and good job, I was a broke college student. I blame it on the wine and women. Mainly the women though. Those support payments
Whatever the reason, here is the BEST guide to saving YOUR money at the grocery store, to maximize the amount of high quality food you eat, without exploding your bank account. When shopping smart, even if you are bulking, you can spend less than $50-60 a week with high quality food.
TOP TIPS
1. Shop for the deals on the meat. Every week at all the grocery stores, meat varies in price. Sometimes chicken breast is $8.99 a lb sometimes its $2.99 a lb, you have to pay attention to the sales and strike while the iron is hot. Stock that up in the freezer
2. JOIN a large discount retail store like COSTCO, Sam’s Club or Trader Joes. These warehouse facilities sell Olive Oil, Peanut Butter, Tuna and Egg Whites for FAR cheaper than anywhere else. Buying in BULK always saves you money.
3. When it comes to meat, which is the most expensive thing to buy, look for large cuts of meat on sale that you can butcher yourself. Also ask the local butcher for last-date meat discounts. Chop it up and freeze the rest, you’ll save A LOT of money this way.
4. When it comes to produce like vegetables and fruits, buy IN season. Blueberries can be $5 a lb in the dead of winter or $1 a lb in summer. Also consider buying frozen fruits and veggies in places like COSTCO.
Now here are my TOP picks for cheapest and healthiest sources of fats, protein and carbs
Fats
Fats are high calorie and low cost.
The best three by far are
All Natural Peanut Butter
Nuts at Bulk Stores
Extra Virgin Olive Oil
Protein
Protein is the most expensive
Eggs will be your #1 source
Canned tuna
Pork is the cheapest meat
For protein powders you can buy bulk at www.trueprotein.com
Beans and Lentils are also extremely high in protein
Large cuts of meat on sale
Carbs
Carbs are actually cheap.
Beans and Lentils, my FAVOURITE pick, EXTREMELY cheap and healthy
Steel cut oats at a bulk store
Sweet Potatoes
Vegetables + Fruit
Broccoli, lettuce, onions and cabbage are all usually the cheaper veggies
For fruits, Bananas per calorie are the cheapest
You have to come up with the right calories for yourself. But for less than $50 you can get over 250 grams of protein, 150 grams of carbs and 70 grams of high quality fat every day! And now you know how to save at least $50 per week on your food. Think about it, that’s over $2500 a year you can save. Now that’s a spicy meatball. Guys just don’t blow your money on strippers at college like I did. They don’t love you. Only your money.
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Post Production and Director:
Stephen Davis
Preproduction:
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Film Producer:
Jay Gowda
Supportive Staff:
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How much can I contribute to a TFSA per year?
How should I repay money that I have withdrawn from a TFSA?
How can I transfer money from my TFSA so that I don’t get into trouble with the taxman?
http://www.getsmarteraboutmoney.ca/managing-your-money/investing/tax-free-savings-accounts/Pages/what-is-a-registered-tax-free-savings-account.aspx
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The P/E ratio (price-to-earnings ratio) of a stock (also called its ‘P/E’, or simply ‘multiple’) is a measure of the price paid for a share relative to the annual net income or profit earned by the firm per share. The P/E ratio can therefore alternatively be calculated by dividing the company’s market capitalization by its total annual earnings. Unlike the EV/EBITDA multiple which is capital structure-neutral, the price-to-earnings ratio reflects the capital structure of the company in question. The price-to-earnings ratio is a financial ratio used for valuation: a higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio. The P/E ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back purchase price, ignoring inflation and time value of money. The P/E ratio also shows current investor demand for a company share. The reciprocal of the P/E ratio is known as the earnings yield. The earnings yield is an estimate of the expected return from holding the stock if we accept certain restrictive assumptions (a discussion of these assumptions can be found here).
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Reaction to the commodity markets and interest rate hike in China. Also more personal finance tips.
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Interest rates on certificates of deposit will range between 1 percent and 3 percent depending on the length of time of the deposit and the stock market. Understand the terms of CD early withdraw with advice from an investment consultant in this free video on investments.
Expert: Roger Groh
Bio: Roger Groh is the founder of Groh Asset Management.
Filmmaker: Bing Hu
Duration : 0:2:3
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The Credit Crisis Turns 2 as New High Yield Issues Appear (Bloomberg News)
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