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Mind of a Millionaire: Cutting Down on Grocery Spending; Zak's Financial Experiment

| August 16, 2019
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Welcome to another episode of the Mind of a Millionaire podcast. This episode is a little different. Groceries can be one of the most substantial costs that a family faces – a lot in part to the wasted food that’s thrown away; especially by your little ones. So, Zak and his family of five – two adults, three kids – have taken on an experiment to cut their grocery budget in half without sacrificing quality of life and health.

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Pt. 1

The Strategy [2:46]

  • Managing wasted food [2:46]
  • Serving less food at first and offering seconds [4:46]
  • Eat more rice [4:55]

The cheapest calories [4:25]

Pt. 2 [6:00]

Costed $95 for the week

Where did Zak go wrong? [8:10]

How often do you actually eat dinner at home? [9:26]

The food-waste list [11:05]

 

Thank you for listening – we hope you enjoyed. We would like to challenge you to get your grocery budget down and please let us know how it goes! Stay tuned next week to hear more about the long-term sustainability of Zak’s grocery budget experiment. Also, follow us on Twitter for weekly updates.

 

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Providence Capital Partners, Inc., a registered investment advisor. Providence Capital Partners, Inc. and Denver Wealth Management are separate entities from LPL Financial.

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