MoneyCounts: A Financial Literacy Series Money and Nutrition 11-A Grange Building University Park, PA 16802 financialliteracy.psu.edu finlit@psu.edu 814-863-0214

Module Description Equipping the ability to make sound, informed decisions is the key in managing money and nutrition.  This includes acquiring knowledge and skills, setting goals, planning, re-evaluating values, taking actions, and changing behaviors to reach a life of financial well-being and health.

Learning Outcomes Discuss the basic concepts of money and nutrition Recognize common elements between budget and diet management Distinguish major determinants of food choices Identify different ways shop for healthy foods while saving money Explain what nutrition management can teach us about money management

Why Discuss Nutrition and Money? gui The biggest hurdle to healthy eating is … TIME & MONEY

How are “budgeting” and “dieting” similar? Financial Literacy Knowledge Action Behavior

How are “budgeting” and “dieting” similar? Healthy Lifestyle Knowledge Action Behavior

Can You Really Eat Healthy on a Budget? Source: https://pxhere.com/en/photo/704023 The image is released free of copyrights under Creative Commons CC0. Pay now? or Pay later?

Healthy Lifestyle can help you to Control Weight Improve Mood Boost energy Combat disease Improve longevity Source: https://pxhere.com/en/photo/1439851 The image is released free of copyrights under Creative Commons CC0.

What factors guide our food choices? Personal Health & Fitness Economic & Environmental What factors guide our food choices? Social & Cultural Marketing & Advertising

Create an eating plan that fits your budget Create an eating plan that fits your budget? Create a budget that fits your eating plan? Either way, you need a budget! Income Expenses

Find balance between money and nutrition

How to save money and shop for healthy foods Plan: Plan ahead before you shop Purchase: Shop for healthy foods Prepare: Make cost- cutting nutritious meals Image retrieved from https://pxhere.com/

PLAN Shop for healthy foods

Planning is the most important step You may currently be doing this “backwards” Source: https://www.maxpixel.net (free) What can you do? Shop in your own fridge, freezer, pantry, etc. first Make an inventory of things you need to use up Figure out what’s on sale at supermarkets Make a list of ingredients you have and ones that are on sale Plan meals for the week: be realistic about dining out

Plan ahead before you shop PURCHASE Plan ahead before you shop

Go for a shopping challenge: Only one store, once per week! Tips for shopping If something is on sale that you usually buy, get 2 or 3 (be reasonable) Avoid processed foods Compare per unit pricing for the best deal Buy in-season fruits and produce, visit farmer’s markets Frozen veggies carry the same nutrients as fresh Source: https://pxhere.com/ko/photo/1583859 Go for a shopping challenge: Only one store, once per week!

Make cost-cutting nutritious meals PREPARE Make cost-cutting nutritious meals

Plan your meals on the fridge on a whiteboard, stick to it! Learn to cook! Plan your meals on the fridge on a whiteboard, stick to it! Be realistic with your schedule Prep healthy snacks Freeze leftovers from big meals for an easy meal later Store successful recipes in a notebook or binder Collection of “go to” healthy foods that you know you love Source: https://pxhere.com/en/photo/600436

How to Deal with Other Challenges? Time: Set aside time at beginning of week to meal plan & prep Motivation: Focus on your “why”. Achieve a healthy weight, have more energy, etc. Balancing Health & Social Events: Scope out menus in advance to make a solid healthy choice, treat yourself on occasion Too exhausted: Change one small thing in your daily life Where do I start? Start small. Focus on incorporating real food, swap a cookie for a banana, sodas for water

Quick Tips

What can nutrition management inform us about budget management? Collect reliable information 1 Gain a complete understanding 2 Set goals 3 Honor your goals and commitments 4 Be realistic 5 Source: http://clipart-library.com/thinking-of-you-clipart.html

How Are Money Management and Nutrition Management Different?

How can I budget my meal points? (cont.)

How can I budget my meal points?

Quick Tips When swiping into the all you can eat at commons, eat a full meal and then grab a banana to go, you can save it for tomorrow’s breakfast. Instead of buying bottles of water for over $1, use a reusable water bottle and fill it up at the filling stations found all over campus Budget a certain amount to buy groceries/snacks each week to spend less meal points. For example, get a box of 10 packets of oatmeal for $2-4 to provide 10 breakfasts Instead of treating yourself to Starbucks, settle for coffee in your commons to save a lot Make healthy choices that will keep you full and energized!

MoneyCounts: A Financial Literacy Series Comments and questions 11-A Grange Building University Park, PA 16802 financialliteracy.psu.edu finlit@psu.edu 814-863-0214