Eating Quaker OatsPosted: December 2, 2011
Most money-saving blog authors advise ditching dry cereal for oatmeal since it is cheaper (not to mention HEALTHIER). I like oatmeal, so this change was not hard for me to incorporate. After eating oatmeal every day for a month, I began to wonder how much money this change was really saving. So, I did a price comparison. This is what I found.I chose to compare Post Raisin Bran and Quaker Oats. Here’s the math. Post Raisin bran costs $4.49 for 12 servings. 4.49/12= $0.37 per serving x 7 (days in a week)= $2.169 per week 2.169 x 52 (weeks in a year)=$136.20
If you eat one serving of Post Raisin Bran every day for a year you will spend $136.20. (this calculation does not account for sales reductions). Let’s face it. Most people PROBABLY eat more than one serving of cereal daily. I’m not going to include this fact in my computations.Quaker Oats costs $5.49 for 30 servings. $5.49/30=$0.18 (cost per serving of Oatmeal). $0.18 x 7 (number of days in a week)=$1.28/week. $1.28 x 52 (number of weeks in a year)=$66.61.
If you eat one serving of Quaker Oats every day for a year, you will spend $66.61.
Switching to Quaker Oats could save $69.58 cents per year. ($136.20-66.61=$69.58)
If three people in a household switch from cold cereal to oatmeal, that family would save $208.74/year. ($69.58 x 3 [number of people in household]).
I think the switch is worth it. I haven’t convinced my husband, yet 🙂 Maybe, if I show him the math…
*These calculations do not include sales tax. Items listed are both name-brand. Neither were on sale*