Use masking tape and a black marker to label the cost of some of your most commonly used foods, like olive oil, or butter, or bread, or potatoes, or whatever you decide. Place the label on the package and write the calculated cost per smallest logical unit of measure. For example: the price of olive oil per milliliter or fluid ounce, bread by the slice, or butter by the tablespoon. Now, every time you use an ingredient the accurate price per unit of measure will be staring you in the face. When you bring food home from the grocery store, food cost it before you put it in your refrigerator or cupboard, and you will be aware of how much money you are spending. Spit out prices to your kids, “Eddy, that’s 75 cents worth of bread you just shoved in your mouth, you know?” This will educate your children about budgets and money saving, sadly an area where I feel many parents in western civilization have failed to provide education. If the price is on the package, clearly written in the most useful unit of measure, your family will learn. This knowledge and way of thinking is required for saving money, building wealth, and thriving.
Are rising food prices a concern for you? They are to us.
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