What is Breadonomics?
“Trimming our expenditures. One slice at a time.”
A crash diet mentality wasn’t going to work, to reduce our family’s expenditures after I got well and truly credit crunched, the change would be too painful.
The term breadonomics came out of a conversation where we were calculating how much we spent as a family on bread in a year.
If you as a family buy say two loaves of bread, a packet of wraps, some pita breads for the weekend, and maybe a packet of bagels, you spend maybe a fiver on bread products per week. Over a year, that’s about £280.
Or, you could take half an hour and get somebody to teach you how to make bread, and you could do that in a few minutes every week, spend maybe a pound on the ingredients, and save yourself £280 per year.
That’s not going to get you rich, but if you take a look at how many areas in your life you can slice a little bit off the top, and maybe next week slice a little bit off the top again, that money soon begins to ramp up. More importantly, it soon begins to ramp up without a feeling of deprivation.
Homemade bread is even better than shop bought, isn’t it?
All of these ideas are in my TEDx talk, above.
Breadonomics is the idea that, slice by slice, we can reduce our expenditures by learning new skills and ways of doing things.
It leads to a higher standard of living, much lower cost of living, and that gets the family on board.
I didn’t specialize in spending less money; spending less money was a direct product of me expanding my knowledge and expanding my skill set.
What Does Breadonomics Mean in Real Life?
Being a specialist wasn’t going to get me to my end result (debt free) the quickest way possible.
“The Smarter I get… The Cheaper We Live”
I set out to become a polymath, which is a person whose expertise spans a significant number of different subject areas, so that they can draw on multiple bodies of knowledge to solve problems.
I didn’t specialise in spending less money… instead, spending less was a product of expanding my knowledge and skill-set.
“You Can Do Anything for 15 Minutes” became my mantra.
The site is now full of ways that you and I can apply breadonomics to our lives.
Here are several bread recipes to get you started on your own breadonomics:
- “Fridge Bread”
- 30 Minute Rolls
- 30 Minute Naan
- Irish Soda Bread
- Gluten Free Rosemary and Olive Flatbread
- Le Pain Montmartre
- Nathan’s NYC Chewy Pretzel Rolls
- Crackerbread – Knackerbrod
- Naan Bread
The Frugal Tools of Breadonomics
Let’s pull up our Big Girl Knickers (BGK!) and get down to business. There are a lot of tools, challenges and experiments that we have done together over the years as we develop our frugal toolkits.
First up are some of the tools and resources that have helped me along the way, and then skills, tutorials, challenges and recipes.
Prestige Aluminium Pressure Cooker – 6 Litre (Available from Amazon.co.uk)
Being short on time is what makes us reach for the expensive, unhealthy, but easy pre-packaged foods and takeaways.
My pressure cooker takes away that excuse! It has paid for itself many times over in savings. Here is a smattering of fast and frugal dishes we whip up:
- Pressure cooker Recipes
My Frugal Books
This book is only 77p on Amazon and has fifty tips pulled together, that are tried, true and tested by the ladies (and occasional lad) that reads and writes in our forum.
This collection of recipes stretches the versatile turkey into dozens of delicious and frugal recipes, for year-round dining fit for foodies.
Cash Flow Management
Do you ever get to the end of the money before the end of the month? This free cash flow download will show you when things get tight and help you evaluate your billing and pay dates to make the money cover the bills.
Armageddon Store Cupboard
Has Armageddon shown up on your doorstep? Our Armageddon cupboard is one of the keys to maintaining our super-low grocery spend.
It is a stockpile of healthy and varied foods that we built up over time, when we found fantastic prices.
My Armageddon store cupboard wouldn’t have been possible without the bottom basement RTC prices found on Approved Food.
Thermal Cooker Bag
Rubber Chicken Challenge
Cooking from Scratch
Just as with bread, cooking from scratch and making our own has saved us heaps. Here are a few examples:
Grow Your Own
- DIY Milk Jug Hanging Garden – take advantage of unused space and recycled materials to feed yourself for nearly free!
Come be a part of the wonderful community here.
We’ll dream up meal ideas for you when the fridge contents look strange, share our journeys and celebrate our successes together. Find us all over in the Forum.