MoneyCounts: A Financial Literacy Series

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

2. 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.

3. 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

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

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

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

7. Can You Really Eat Healthy on a Budget? Pay now? or Pay later?

8. Healthy Lifestyle can help you to • Control Weight • Improve Mood • Boost energy • Combat disease • Improve longevity

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

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

13. Find balance between money and nutrition

14. 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

15. PLAN Shop for healthy foods

16. Planning is the most important step You may currently be doing this “backwards” • 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

17. PURCHASE Plan ahead before you shop

18. 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 Go for a shopping challenge: Only one store, once per week!

19. PREPARE Make cost-cutting nutritious meals

20. 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

21. 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

22. Quick Tips

23. What can nutrition management inform us about budget management?

24. How Are Money Management and Nutrition Management Different?

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

26. How can I budget my meal points?

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