We recognize that food waste proves to be problematic on an ecological level, but it is also a fiscal issue. When you throw out food you are also essentially just throwing money away too. After a long enough period of time, all that wasted money adds up to a significant amount. People now about this too, but they are just unwilling to change. A recent survey of 2,000 people by hloom found that people believe food is the root of their financial waste. The graph below depicts the results of this survey.
People were most willing to cut back on wasteful spending from dinning out. Tossing out perished foods was first on the list of habits people waste money on, that they’re not prepared to change, and wasting their money on groceries was second on the list.
This makes you wonder how much money actually gets wasted when you throw out food? On average, people waste around 250 dollars a year by just throwing out old food. This doesn’t sound like very much now, but after five years this adds up to 1,250 dollars. You get the picture here; even small amounts of money add up over a period of time. It isn’t the most significant amount of money, but definitely still important.
The Chart above shows the averages for the amount of money different people waste when throwing out food.
Food waste is not equivalent throughout the United States, either. Different areas of the country are far guiltier of food waste than others. The survey discovered that states with people who dine out more frequently contribute to greater amounts of food waste. The states that waste the most are found in the East South Central part of the U.S..
What is the lesson to learn here? learn to cook more food at home and pay more attention to those all important expiration dates. If you cook more at home you can save a good amount of money and waste less food in general, both very good things.