Hi there, today's topic is 5 financial impacts of addressing food waste.
Nowadays, when you watch news or read a news article, you'll come across 'recession', 'cost of living crisis', etc, which is daunting.
So in this article, I'll introduce how reducing food waste can save you money.
It probably sounds too simple, however, there's a lot you can do and that can make a huge difference on your wallet.
On a personal level, food waste is not only environmentally harmful but can also take a toll on your finance.
Understanding the financial implications of food waste can motivate individuals and households to adopt more mindful consumption habits.
I also recommend you check out these articles below on food waste before you scroll down!
- Direct Cost Savings
- Extend Shelf Life
- Meal Planning Efficiency
- Reduce Impulse Purchases
- Composting for Gardening Savings
- Summary
Direct Cost Savings
The most obvious financial benefit of minimizing food waste is the direct savings on grocery expenses.
If you waste less food, you'll end up buying less groceries.
Planning meals, creating shopping lists, and buying only what you need can significantly cut down on unnecessary expenses.
Extend Shelf Life
Proper storage and organisation of food items can extend their shelf life.
This means you can make the most of your food before they go bad.
Utilising techniques like freezing, and first-in, first-out (FIFO) principles can contribute to maximising the value we get out of the food items.
Meal Planning Efficiency
Planning meals in advance based on the ingredients you have helps in utilising perishable items before they go bad.
This not only reduces food waste but also streamlines your meal preparation process, saving both time and money.
Reduce Impulse Purchases
Impulse buying often leads to food items sitting in the cupboard or fridge and eventually going to waste.
By sticking to a shopping list and avoiding unnecessary purchases, you not only reduce food waste but also save your money.
Composting for Gardening Savings
Instead of throwing away food waste, consider composting.
The food waste can be composted so can be used for gardening, reducing the need for fertilisers.
This sustainable practice not only stops food from going to bin bags and helps the environment but also saves money on gardening expenses.
Summary
In conclusion, minimizing food waste is a win-win scenario for both your wallet and the planet.
By adopting mindful consumption habits, you not only contribute to a more sustainable environment but also enjoy the immediate financial benefits of reduced grocery expenses and efficient meal planning.
----------------------------------
Below links are the first articles of each topic:
- Food Waste (1): TooGoodToGo app
- Reflective Journal (1): Benefits of a part-time job for international students
- Beyond the headline (1): Israel vs Palestine - History and Background -
----------------------------------
Comments
Post a Comment