My husband and I used to fight over meal planning all the time. I thought it was smart to make budget-friendly meals — especially for lunch — and he thought budget meal planning would lead to food boredom.
As someone who likes to experiment with food, my husband was afraid there would be no way to make budget-friendly meals and actually enjoy them.
Then I met Talia Koren, finance writer and Workweek Lunch blogger, and everything changed.
Meal planning doesn’t have to suck
My husband’s reasons for hating meal planning is one I hear a lot. The idea of brown-bagging it everyday conjures up images of sad sandwiches and bruised fruit for a snack.
That isn’t how budget-friendly meals have to be.
When I met Koren for the first time, it was through a mutual friend who introduced me as “my dear friend who eats like a kindergartner.” Given my love of basic foods like chili and cheeseburgers, I couldn’t really argue.
Koren, however, has mastered the art of budget meal planning. What started out as a need to save money turned into the realization that she can make almost any meal she normally would have ordered for lunch.
Now, Koren lives on a grocery budget of only $50 per week, considerably lower than the $151 average that Americans spend on food per week.
5 things that happen when you start budget meal planning
Even if the idea of preparing budget-friendly meals sounds intriguing, there are plenty of reasons to think that learning how to meal plan isn’t worth it. Koren, however, discovered great things have happened in her almost three years of this practice.
1. You’ll save money
Koren’s focus has been mainly on meal planning ideas for lunches, as they were eating up most of her money. It’s taken her a lot of trial and error to figure out how to make enjoyable lunches and save money.
Last year, she hit her mark. When comparing her spending from 2016 to 2015, she found that preparing budget-friendly meals saved her an average of $260 per month.
For some, that’s an entire student loan payment. And all the while, she’s feasting on things like salmon and vegetables.
2. You’ll save time — really!
When Koren started out, she was far from a master chef. But over time, she grew more comfortable in the kitchen and started to look closely at the meals she was ordering whenever she did go out to lunch.
It turned out, those meals weren’t all that complicated.
Koren’s goal isn’t to master flavoring and food combinations, but rather to have healthy, enjoyable lunches. And in learning how to meal plan this way, she’s managed to get her prep time down to 30 minutes every three days.
That would be an average of 10 minutes per day if she were to do one meal at a time (she makes three at a time now).
Think you don’t have 10 minutes a day? Consider your work day yesterday. How long did you spend thinking about what to get for lunch? Once you got there, how long did you stand in line or wait to be served? How much time was left to enjoy your food before rushing back to work?
Spending a few minutes meal-prepping each day doesn’t sound so bad. If you plan your meals like Koren, you can grab your ready-made lunch, head out to the park, and simply enjoy your meal.
3. You can create lunches you love
It can get boring to order out all the time. Maybe you have a few go-to meal places for lunch, but eventually, they all start to seem the same.
When you experiment with meal-planning ideas, you can take your pick. Feel like trying a new recipe? It’ll spice up a dull week. Craving comfort foods? Make them for lunch to get a dose of happiness during your day.
Koren’s favorite dish to make is her sweet potato skillet, something easy to make that brings her joy. Given how stressful work can be, a piece of joy in the middle of the day can be invaluable.
4. You get to practice in self-care
Self-care seems to be the first to go when we scramble between work and life obligations.
One thing Koren loves about meal planning is that she gets to also practice in self-care. She’s even come to look forward to her meal prep time. It’s a chance to “listen to a podcast while I cook and enjoy ‘me’ time — to take care of my body and to take care of my wallet,” she explains.
5. You become more mindful of your spending
In a country that wastes more than 30 percent of our post-harvest food supply, food waste is a real problem. We perpetuate it when we let food go bad or buy items only to realize we don’t want them after all.
Since her meal planning ideas began in an effort to stay on budget, Koren found that she got better at avoiding waste over time. It became easier for her to be mindful of the foods she was regularly eating and what was likely to go ignored.
“You know what’s coming in and out of your bank account, why wouldn’t you be just as aware when you’re buying groceries and either using them or throwing them away?” she asks.
With budgeting, one small turn leads to many more
Getting on track with a budget can be a frustrating ordeal. We’re programmed to see budgeting and money-saving efforts as restrictive, meant to stop all fun things.
But what if budgeting simply highlighted ways to spend money on the things you really want? You could look forward to what you’ll do with your money, instead of looking back and asking, “What did I do with it all?”
Budgeting can be this way. When you make one small change like budget meal planning, it gets easier to make another and another. Next thing you know, mindfulness in spending will be second nature.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 7.89% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.97% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at email@example.com, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.57% – 6.97%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.50% – 7.24%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|