A primer on building your food budget

Rising food costs have obsessed consumers in these post-Covid times. While signs have emerged that costs have leveled off, they likely won’t fall any time soon, so everyone needs to work on budgeting for their food needs. If you haven’t done this, a good place to start is with this primer The New York Times ran recently entitled 9 Tips to Stretch Your Food Budget.

Among the tips are changes in lifestyle — eat less meat, snacking less and avoid wasting food. But there are also ways to save money, like using coupons and knowing your grocery store and how to find the cheaper offerings in a. given food category.

Coupons these days are largely digital, be sure to have the shopping app for every store you shop at to get their best deals. Also, check out national couponing sites. These tend to have coupons for major brands, which I tend to avoid because they’re usually the most expensive, but you can get occasional deals.

My goal is to only buy sale/coupon items every time I shop, and to save at least 30% off full prices overall. You can see an example of one of my recent receipts here with all the discounts noted.

Add olive oil to foods facing a troubled year with higher prices

Eggs became a previous commodity earlier this year as did turkey thanks to bird flu sweeping through American flocks. Now a drought in Spain promised higher olive oil prices.

Olive oil we brought back from Italy in 2017.

“The recent October to February olive harvest produced a yield 50% less than the usual output, tightening global supply and pushing prices upward,” reports CNBC.

“The exceedingly poor weather conditions meant that … Spain produced an olive oil crop of around 630,000 metric tonnes, down from the usual 1.4 to 1.5 million metric tonnes harvest,” Mintec’s oilseeds and vegetable oils analyst Kyle Holland told CNBC recently.

“It appears the ongoing drought in Europe, most importantly in the largest olive oil-producing region of Spain, has caused a global supply shortage of olive oil,” David Valmorbida, president of the Australian Olive Oil Association, told CNBC.

Olive oil is touted by nutritionists as having “healthy” fat that we can eat. Olive oil and vinegar are my regular salad dressing, being much healthier than any high-fat, high-salt prepared dressings.

So if you see olive oil on sale, grab it. And buy in bulk to get better per-ounce pricing

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