We all probably know someone who’s gone vegetarian because they don’t like the thought of eating an animal or have been swayed by the evidence of how most are raised and treated before being slaughtered for food. These are usually the main concerns of vegetarians, but did you ever think that giving up meat could help your bank account too? Think about it carnivores; when you go to the supermarket, what are the items that cost you the most money? You’re answer is probably that lean cuts of beef or pounds of chicken breasts. So, what are the financial benefits of being a vegetarian?
For those who are not vegetarians, most meals revolve around the main ingredient being meat. If you have a family of five, buying enough meat whether its chicken, beef, pork or even fish can add up quickly. A staple meal for American’s is the “meat and potatoes” type of lunch or dinner that has meat as the center with a few sides. If you get most of your sustenance through meat and are accustomed to eating this way, you can end up spending a lot more money at the grocery store or at a restaurant than a vegetarian who will normally opt for a salad or pasta dish.
Protein sources (what most meals center around) for vegetarian’s cost much less than getting protein from meat. Prices vary widely between different cuts of meat and different stores, but there is no denying that ground beef costs more than a can of beans. Vegetarians often get their vitamins and nutrients from a variety of foods including low-cost items like chickpeas and different types of beans.
Vegetarians center most of their meals around low cost grains legumes, vegetables and beans, which can be a major money saver when it comes to eating. Switching from meat to these substitutes can save you an average of a couple of thousands of dollars a year. Just switching from meat to an alternative a couple of times a week would save you roughly $500 a month.
The most inexpensive foods you will find at the super market are often plant-derived; fitting into a vegetarian diet. Products such as vegetable products, whole grain items, oatmeal and other plant-based sources of food are inexpensive compared to meat products. The cheapest cuts of beef average around $3 to $4 per pound, while lentils, dried beans, tofu and garbanzo beans generally cost about $1 per pound.
If you’re looking to clean up your diet as well as tighten up on your budget, think about eating less meat or going vegetarian all together. Cutting out meat from your eating regimen and your grocery bill can save you a lot of money over the course of a short period of time.