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Buying Groceries

March 22, 2015 by Emily

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How to spend less money on groceries is one of the most well-trod frugal subjects, so there is an abundance of resources available online to help you. In general, the more value you add in the cooking process, the less you will need to spend on the food itself. Many students enter graduate school without knowing how to cook, but it is a skill that will help reduce the amount you spend on food enormously.

Further Reading:

  • How to Cut Your Food Spending – Reducing Grocery Costs
  • How to Save Money on Groceries: The Ultimate Guide to Grocery Shopping
  • 6 Ways to Save at the Grocery Store without Coupons
  • 50 Tips for Grocery Shopping
  • Dominate the Supermarket and Save Big
  • Grocery Shopping With Your Middle Finger

Retailer Selection

There is a wide range of prices available at different types of retailers on the same or similar food items. Specialty grocery stores like Whole Foods are likely to be more expensive than discount, warehouse, or ethnic grocers. You can even buy from local farmers or check online retailers for low bulk prices. If you are willing to devote the time, keeping a price book will help you determine which groceries to buy at which stores at certain times.

Further Reading: Is a Costco Membership Worth The Cost?

Stick to Your List

Create a grocery list before heading out to any retailers and stick to it once you’re there. You can cultivate your list throughout your week using an app such as Our Groceries. A complete and firm grocery list gives the simultaneous advantages of eliminating impulse purchases, minimizing food waste at home, and preventing last-minute trips to the store for forgotten items.

Buying Less Processed

You are likely to stretch your dollar further by buying fresh base ingredients and constructing your own dishes. The classic suggestion here is to “shop the perimeter” of the grocery store, which generally tends to include the produce, meat, dairy, and bakery sections, and to buy few items from the interior of the store, which is where the more expensive products are housed.

Coupons

Couponing has been recently popularized by shows like “Extreme Couponing,” which has resulted in both heightened interest and criticism. The more organized and comprehensive your couponing system, the more savings you can potentially realize. However, some are critical that couponing is time-consuming and does not facilitate buying healthy, non-branded items.

Substituting Out Expensive Food

Depending on your dietary preferences, you may try to substitute lower-cost foods for higher-cost foods. Normalize the cost of the food you eat by the calories, macronutrients, and/or micronutrients you receive from it. One common suggestion in this vein is to eat less meat because meat is quite expensive; instead, seek our lower-priced sources of protein.

Filed Under: Stretch that Stipend Tagged With: food, frugality

Free Food

March 22, 2015 by Emily

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It is often possible for grad students to feed themselves for free for at least a couple meals per week, should they want to defray costs in that area. Grad students who are food insecure also have university- or government-sponsored options to feed themselves for free.

Further reading: 10 Ways to Legally Score Free Food; How to Eat for Free – 12 Ways to Score Free Meals

University and Departmental Events

Universities offer free food frequently at events to incentivize attendance or to show attendees appreciation, such as at seminar series, workshops, and conferences. Opportunities will be most plentiful for first-year students and near the start of the school year. If you plan to attend such an event, the free food can often replace a meal on that day. If there are leftovers, ask if you can take a second box or plate for a meal later in the day. It is also possible to create meals from the leftover food from catered events that you didn’t attend, if it is made available to non-attendees. Being on the right email listserv or having the right personal connection can alert you to these opportunities before the free food is nabbed by other students.

Restaurants

Many restaurants offer free or partially free meals for promotional reasons, such as for your birthday or for signing up for a mailing list.

Further reading: How to Get Free Food at 156 Restaurants without Getting Arrested; 400+ Restaurants that Offer Free Birthday Food

Food Pantries

If you are food insecure, there may be an on-campus food pantry from which you can take food for free. Your city likely has food pantries available to the public as well.

Further reading:

  • Food Pantries
  • Food Pantries on the Rise at College Campuses as Tuitions Increase
  • Colleges Launch Food Pantries to Help Low-Income Students
  • Hunger Among College Students: Food Pantries Expand on Pittsburgh Campus

Food Stamps

Some graduate students may be able to apply for the Supplemental Nutrition Assistance Program (SNAP) if they meet the citizenship, work, and income qualifications. This program provides a certain amount of money each month into an account that you access with a specialized debit card. The money can be used toward eligible food in grocery stores and other retailers. Each state runs its own program, so you will have to check directly with your state to determine your eligibility.

Further reading: Can Graduate Students Get Food Stamps?

Dumpster Diving/Freeganism

You can also score free food by dumpster diving, if you are adventurous and it is legal where you live. This form of dumpster diving is when you recover perfectly good food that has been discarded, generally by grocery stores and institutions. About 50% of food in America is wasted. Most people who dumpster dive do so as part of the larger food rescue movement, but a side benefit is that you can feed yourself partially or completely (freeganism) without paying any money. Of course, you have to have a certain constitution to employ this method, and it is advantageous to learn from an experienced mentor.

Further reading: The Food Waste Fiasco: You Have to See It to Believe It

Filed Under: Stretch that Stipend Tagged With: food, frugality

Food

March 22, 2015 by Emily

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Food spending is one that students often turn to when they want to free up money for other areas of their budget. While a certain amount and quality of food is a necessity, for most Americans much of their food spending is a ‘want.’ There are several approaches a grad student can take to spend less on food while still meeting needs.

Cooking and Meal Planning

Buying Groceries

Eating Out

Finding Free Food

Further reading: 15 Simple Ways to Spend Less on Food and Still Eat Well; Our Complete Guide to Frugal, Healthy Eating

Filed Under: Stretch that Stipend Tagged With: food, frugality

Emily, Duke University, biomedical engineering — Subsidized basketball tickets

March 21, 2015 by Emily

Basketball is a way of life on Tobacco Road. Even though I wasn’t a sports fan coming in to grad school, getting connected with the basketball culture really opened up my social life. As grad students, we have the easiest/cheapest route into Cameron Indoor Stadium of anyone – and our section is right behind one basket! In September, we camp out in groups for 36 hours and those who make it to enough checks are entered into a lottery for season tickets. A season ticket cost $250 in 2014, which works out to about $14/game. We share the season tickets within a group and watch many of the games together on TV when we aren’t attending. Over the years, my basketball group has become my closest friends in my city. Considering that the undergraduates have to camp out for months and others have to pay tens of thousands of dollars for season tickets, we really get a great deal!

Filed Under: Vignettes

The Ultimate and Ever-Expanding List of Frugal Practices

March 21, 2015 by Emily

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When money is tight, as it is for many grad students, frugal practices are necessary just to stay in the black. But everyone should consider being frugal in certain areas of her life just so she can put her money where it matters most and prevent herself from spending where it doesn’t matter as much (based on her individual values). Frugality prevents waste, which means there is more money available for the important or fun things in life.

Further reading: Frugality, What Is It Good For?

This set of pages will be continually updated with frugal tips and stories of how individuals implemented them. If you have a frugal practice to add (and especially if you can share a story), please email contact at gradstudentfinances dot org or leave a comment.

Home

Transportation

Food

Entertainment

Travel

Further Reading (Meta-Lists):

  • Surviving on a Stipend
  • Grad School on a Budget Part 1 and Part 2
  • How I’ve Live on an $800 Monthly Budget in the City
  • DIY Frugal Living Investments
  • 12 Shocking Frugal Hacks (You Won’t Believe #2)
  • 11 Benefits of Frugality that Have Nothing to Do with Money
  • 111 Ways to Save Money on Household Bills
  • 66 Ways to Save Money in New York City (almost all are applicable everywhere!)
  • How to Save Money as a Grad Student
  • 10 Ways to Save More Money

Filed Under: Stretch that Stipend Tagged With: frugality

Transportation

March 21, 2015 by Emily

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For most people, transportation is their second largest single expense after housing. Owning a car is incredibly expensive, especially if you are making debt payments on a newer vehicle. Anything you can do to move away from the solo car commuter model is likely to be a frugal choice. Luckily, car-free or car-minimal lifestyles are often easier for students than other workers.

Commuting without Your Own Car

Buying and Maintaining a Car

Further reading: The Most Powerful Tool to Cut Miles Driven, Gas, & Vehicle Costs (and it’s Free)

Filed Under: Stretch that Stipend Tagged With: frugality, transportation

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