Posts tagged as:

savings

Gas prices are still going up. Food prices are on the rise. We may have to tap the kid’s college fund to heat the house this winter. (Ha! As if there’s a college fund. I haven’t finished paying off my higher education yet.) If I think about it all too long, I get a little dizzy and have visions of the world coming to an end.

When it comes to gas and energy costs, all you can really do is stop traveling, and turn down the thermostat. But a family still has to eat. The good news is that there is some relief when it comes to food costs.

Angel Food Ministries is a non-profit organization that provides affordable groceries to families all over the country. For $30 dollars you can purchase one unit of food that is enough to feed a family of four for about a week. The actual retail value of the food is between $60 and $75. The menu is different every month, and includes both fresh and frozen items. You can purchase as many you units as you want, and there are no income restrictions.

We started participating in the Angel Food program last fall when I learned about it from my MOPS group. It’s saved us quite a bit of money, and I was pleasantly surprised by the items on each month’s menu. Everything from steak to chicken to pork chops. Even convenient and kid friendly foods like tater tots, mac & cheese and chicken nuggets.

Since the menu does change each time, there are months that the packages include more foods we like, and some months when everything doesn’t always fit out tastes. We take advantage of the months when the menu is full of foods that are popular at our house by ordering several units, and filling up our deep freezer and cupboards. Then the next month we might order less. We do still have to buy a few things at the market each week, but we definitely spend a lot less on food purchases.

I know some people might be reluctant to participate, because it sounds too much like a charity. But here’s the thing. Anyone that wants to save money on groceries can participate. It doesn’t matter if you make ten-thousand or a hundred-thousand a year. We could still get by doing all our shopping at the supermarket, but it doesn’t make sense when we can do this, and free up extra cash for any number of things each month.

Now, there are people who participate in the Angel Food program, because it’s the only way they can feed their family every month. There’s nothing wrong with seeking out help when you need it. Besides saving money, I feel like by participating we’re helping to support the program to make sure it’s around for the people who really need it to make ends meet each month. There are also quite a few people who order Angel Food packages to give to someone else who is in need. Thirty dollars a month is a pretty do-able amount for many of us to put toward helping out another family.

I really encourage you to go to the Angel Food website and check it out. You can put in your zip code and find a program near you. Many are located at churches, but you don’t have to attend the church to participate. Give it a try, and see if it works for your family. Even if you don’t participate, spread the word. You never know who might benefit from the program.

Can’t find a program near you? Go here to see how you can get one started in your community.

{ 1 comment }

Well your 1040 EZ should be on its way to the Uncle Sam’s greedy little nephews at the IRS by now. Hopefully you’ve got a fat refund coming to you, or at least you didn’t have to pay extra and you’re looking forward to that stimulus check that’s on its way.

The government would like us to spend all this money on frivolous goods and services to give the sluggish economy a swift kick in the pants. Word is a lot of people plan to just save the cash or use it to pay down debt. Both good ideas, and definitely beneficial to those who do. But there may be a few ways to spend the money, help our fiscally irresponsible friends in Washington (Not intended to be a partisan statement. Republicans, Democrats — none of them could balance a regular middle class family’s checkbook if they had to.) and save yourself some money also.

First, I have to give credit where credit is due. If it were up to me I’d take that money and buy three seats on the next flight out of Grand Rapids to Hawaii. And after the winter we had, they would be one-way tickets. My intelligent and slightly more sensible and frugal husband is one who started me thinking this way.

What is the one thing that you can not live with out on a daily basis that is probably eating up a huge part of your budget every week? Energy costs. They’re going up and up, and immediate relief seems unlikely. So why not invest your “windfall” (Clever of them, isn’t it? Making us think giving us back or own money is a gift from them. Politicians.) in a few new energy saving devices. You’ll put some green back out into the market and line your pockets with your savings in the end.

It just so happens that energy efficiency is also good for the environment. Look, I’m no tree hugger. If drilling in Alaksa and building an oil refinery in my town will make it cost less to keep my family warm, I’m all for it. But I also see the good in saving a few bucks and helping to make the world a little cleaner along the way.

Here’s a few suggestions for what you can do with that money.

Replace your natural gas, propane or electric furnace with a multi-fuel stove .

Replace your old-fashioned tank water heater with a hot-water-on-demand tankless model.

Put the cash toward a down payment on a new fuel-efficient vehicle.

Replace all your incandescent light bulbs with the new compact fluorescent ones.

Update old appliances like refrigerators, dryers and stoves with newer energy efficient designs.

Replaces old, drafty windows with new Low-E Glass windows.

Add extra insulation to an attic that looses heat in the winter.

The multi-fuel stove is first on our list and second is the tankless water heater. We figure we can save around $1000 a year on propane costs after our initial investment. Sock that money away for a couple years and we’ll be on that plane to Hawaii! 

{ 0 comments }