Cheap Week- Spend Less, Splurge Later: Guest Post

April 13, 2011

in money

I am passionate about living large on a budget. When I encounter a way to feel rich and spend poor I’m happy. Granted, I’m not a really extravagant type, but I do like nice things. In order to splurge on activities such as travel and quality furniture, I cut back in many less important areas.

Try these food and fun activities for a week or two. Take the money you save and use it to splurge or better yet, to bulk up your savings.

CHEAP FOOD

SITS Challenge
Creative Commons License photo credit: ChristineLeiser

Inflation is here and it is distressing. I hate hitting the supermarket and watching the prices go up before my eyes. That’s why I frequently make great meals out of cheap ingredients. Challenge yourself and give it a try.

CABBAGE: A head costs about a buck and has about 6-8 servings.

  • Make some coleslaw; easy and fun. Just cut it up, add some onions, carrots, vinegar, mayo and a bit of Italian dressing from the fridge; delicious.
  • Make soup a meal by starting with a can of tomato soup, add cabbage, beans, potatoes, and onions. Serve with bread. It’s so cheap that it’s like eating for free. My family loved it.
  • If you’re really creative stuff some with rice, meat/beans, tomatoes etc. and bake it in the oven.

PEANUT BUTTER: About 3 times a week I eat a peanut butter sandwich. Make it with banana, jelly, or bacon. Great for all!

PASTA: Where do I begin? Is there food more versatile and affordable? Maybe beans.

  • Marinara with a bit of ground hamburger
  • Olive oil and veggies
  • Cream soup and frozen spinach
  • Canned chili (veggie, turkey, or regular), shredded cheese, and onions

I enjoy choosing a few ingredients I have on hand, plugging them in google search and see what recipes come up!

CHEAP FUN AND RELAXATION

wish i'm here right now.
Creative Commons License photo credit: |vvaldzen|

I am big on fun and relaxation. Commit to a cheap week or month and see how it goes.

  • Hit the library and stock up on FREE movies, books, and music.
  • Get out your pennies and have a family poker tournament, or scrabble, monopoly, or chutes and ladders (if the kids are small).
  • Go on a nature walk; pick up some leaves, twigs, and stones. Bring them home paint and glue them to make a craft!
  • Teach your pet a new trick. Not so great for cats!
  • Go on YouTube and get instructions to create something together as a family.
  • Play the videogames TOGETHER.
  • Pick up the football, waffle ball, or soccer ball and have a game.
  • Check out the free events in your town on the week-end.

What did you learn during cheap week?

You can do activities for a day, or a week or two that you might not maintain for the long haul. That said, it’s a fun challenge to uncover ways you and the family can cut back a bit, and you may surprise yourselves and want to continue some of these new strategies.

A caveat: don’t cut back too much or you may feel too deprived and go on a spending binge to compensate.

What are other activities you recommend for a cheap week?

Barb

This is a guest post by Barbara Friedberg, MBA, MS, is editor-in-chief of Barbara Friedberg Personal Finance.com where she writes to educate, inspire, and motivate for wealth in money and life. Learn about personal finance from a real life portfolio manager! Stop by the website and download the valuable free eBook” 20 Minute Guide to Investing.”

© 2011, Whalen Media LLC. All rights reserved. To repost or publish, please email Kelly.

About Kelly


Kelly Whalen is the founder of The Centsible Life, a blog where motherhood and money meet. Her goal is to help readers live well on less. Kelly is a mom to 4, and loves that she can stay at home with her kids, and still pursue her passions for writing, personal finance, and social media. You can often find her on twitter and Facebook talking money and motherhood.

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  • http://twitter.com/financialsamura Financial Samurai

    Yum yum! Cheap eats and good food, what could be better?

  • http://twitter.com/bfinance Barbara Friedberg

    Hi Tanya, For the summer stick some veggies and salsa in tomatoe soup; eat it cold with chips and you have Gazpacho!

  • Tanya

    I like the idea of adding ingredients to tomato soup. I rarely eat tomato soup because it seems so plain; I’m going to try dressing it up to see what kind of bargain meal I can create!

    With summer coming, your idea about finding free things in your community on the weekends is a great one. There are bound to be festivals, art in the park, etc., coming up that are low cost and lots of fun!

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