Our Resolution: Cook More

Posted

cookingWe’re looking to trim our waistlines and our expenditures. Resolution? Cook more. It’s easy to drop $25+ on dinner out (after tax and tip), but cooking can cost as little as $10—and feed you for the rest of the week.
Here are four cooking sites we LOVE:

1. Allrecipes
This site has the most unbeatable list of menus for under $10. Considering that the average family spends about $500 to $600 per month on groceries, it’s a no-brainer.

2.  Epicurious
Condé Nast’s tasty cooking site offers pantries filled with recipes built around specific ingredients.

3. Foodista
The Wikipedia of cooking! Users submit and edit encyclopedia entries about all imaginable foods, cookware, techniques, and more. If ever you’ve wondered about Kashmiri mirch, now’s the time to find out. You’ll never misunderstand a recipe again.

4. Food52
There are plenty of websites boasting quick and easy recipes, but food52 is different because it doesn’t. Co-founded by former New York Times Magazine food editor, Amanda Hesser, food52′s mission is to encourage family bonding, environmental sustainability, general health, and community. Instead of providing thousands of recipes, this is a curated crowd-sourced collection of quality recipes—including videos!—for the enterprising cook in each of us.

The Bottom Line

If you do what’s in this Daily, you save*:

$60/month

$36 x 12 = $720/year

If you invested this amount every year and earned an 8% return, you would have $201,442 by retirement.**

That’s LearnVest.

*If you cook rather than going to a restaurant once per week.

**If you are 25 today and retire at age 65. We calculated that number here.

  • http://www.wealthuncomplicated.com Michael Harr @ Wealth…Uncomplicated

    Cooking at home is one thing that we have really focused on in the past year for the reasons mentioned in this post. Unless you’re ordering from a high fat, high calorie ‘dollar’ menu, eating at home is a much better deal. Plus, there’s more family time and a lot less of the ‘where should we eat?’ conversations. Love the expansion of the $720/year saved!

    • The LearnVest Staff

      Thanks! Glad you found it useful!

      –LV

  • Christine

    The link for allrecipes is incorrect. The correct address is allrecipes.com (plural).

    • The LearnVest Staff

      Hi Christine,

      Thanks for being so vigilant and catching our typo! It should have been correct on the initial daily, and now it’s been fixed on the blog as well. We appreciate it!

  • http://www.foodista.com Melissa Peterman

    Great post! Thank you for your kind words on Foodista. I agree, you can really maximize your food budget by cooking at home. A great trick while making dinner is to include a reusable container as one of the plates when dishing up. That way your lunch for tomorrow is already packed and you won’t spend more money eating out.

    • The LearnVest Staff

      Thanks for your great advice, Melissa! That’s a smart idea, since we know that the convenience factor always makes it tempting to buy lunch. Preparing in advance (and your way has no real additional effort) is a seamless way to trump the problem. Thanks for sharing!

  • http://www.foodista.com/ sheri wetherell

    Thanks for including us in your list! Here’s to a healthy and flavorful 2010 :)

    Cheers,

    Sheri
    Foodista Founder & VP, Editorial

  • http://www.sunny-beads.com James Smith

    Very interesting post I love your site carry on the great blog posts