PSA Thursday: How to Slash Your Food Budget, with Rosemary Fotheringham

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.7 • 3.6K Ratings

🗓️ 26 November 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

According to the Bureau of Labor Statistics, in 2019, Americans spent just over $8,000 on food. If you're on a tight budget, slashing your grocery bill is one of the easiest ways to spend less. But what if you don't want to compromise on healthy eating? Today's guest, Rosemary Fotheringham, is a Functional Nutritional Therapy Practitioner (FNTP) who's also on the path to financial independence. She and her husband slashed their monthly grocery bill from $1,200 down to $300 - without eating pasta every night. She's here to explain their framework for healthy eating and her best tips for eating well on a tight budget. For more information, visit the show notes at https://affordanything.com/psathursday Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Happy Thanksgiving and welcome to PSA Thursday.
0:03.0	This is a weekly-ish bonus segment of the Affordable Care Podcast in which we talk about
0:08.2	money, work, and life in the context of 2020. How do you survive all of the weird things that
0:16.7	2020 has thrown at us? Those are the topics of these PSA Thursday episodes. These episodes
0:22.5	are typically much shorter than our normal episodes. They are specifically hyper-focused on one topic,
0:29.2	oftentimes very actionable topics. Previous PSA Thursday episodes we've covered student
0:35.0	loan repayment in the context of 2020. How that's changed. We've covered PPP funding for small
0:41.2	business owners and alternatives to PPP funding if you are an entrepreneur and you're looking for
0:47.2	more sources of revenue due to the revenue hit that you've taken or you may have taken this year.
0:51.5	We have talked about donor advised funds and how you can get one set up if this year has inspired
0:55.7	you to make more charitable donations. You can find our archives where we have episodes around
1:01.7	all of that at affordanything.com slash PSA Thursday. Today's Thanksgiving, we're releasing this
1:07.8	episode on Thanksgiving Day. In honor of Thanksgiving, we are going to be discussing food. According to
1:14.2	consumer spending data, food is one of the biggest line items on the budget of the average American
1:19.9	household. According to spending data, the three biggest line items in a household budget are
1:25.2	housing, transportation, and food. In honor of Thanksgiving Thursday, we're going to talk about
1:31.5	food today. How can you design an FI-friendly food budget and how can you cut back your grocery
1:37.9	bill without sacrificing on health or nutrition? With me today to answer these questions is Rosemary
1:43.3	Fatheringham and Rosemary, I'll let you introduce yourself. Yeah, I'm a certified functional
1:49.2	nutritional therapy practitioner and a certified functional diagnostic nutrition practitioner. So
1:55.4	FNTP, FDNP, which I always joke sounds like my Myers-Briggs types, but there we go. My husband and I
2:02.8	found the FI movement while we were getting out of debt. A big part of what we had to do there was
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