Tuesday, March 18, 2014
Are you the average American tossing $230,000 in food over the years??
The following is the result of a big refrigerator cleanout. The total came to $5.20, broken down as follows.
.77 = 1/5 of a container of Stonyfield yogert
2.80 = full container of salsa
.50 1/5 container of picante sauce
.13 1/3 of an apple
1.00 1/2 bag of carrots (these were estimates but should be pretty close to costs)
Total tossed $5.20. This is added to an earlier cleanout of $6.69. So the total for the month is $11.89.
According to the 2009 Department of Labor's consumer expenditures reports, the average American spends $6133 on food each year. And according to several reports, the average American wastes 14 percent of their food purchases.
Broken down, this means the average American is tossing $858.62 each year. That's $71.55 per month. If that same amount was invested at 6.5% from age 20 to 65, that's $230,000 being tossed in the trash.
Hoping the next refrigerator cleanout is under $3.00. Baby steps, baby steps. Best wishes. Eileen