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Can You Cut Expenses by a Half Million Dollars?

Prairie Eco-Thrifter

By using generic or store brand groceries instead of name brand, you can save 3.7 % of your food budget each month (per the Journal of Economic Perspectives article: Consumer Shopping Behavior, How Much Do Consumer’s Save ). By not doing this, we cut expenses by $600 a year for 40 years for a total of $24,000.