THE CHEAPSKATES CLUB
  • Home
  • Join the Club!
    • Twenty Reasons to Join the Cheapskates Club
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • 31 Days of MOO Index
    • Articles
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
    • Learning Centre
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2023
    • Newsletters 2022
    • Newsletters 2021
    • Newsletters 2020
    • Newsletters 2019
    • Newsletters 2018
    • Newsletters 2017
  • Saving Money
    • Latest Tips 2023
    • Latest Tips 2022
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files
Sentry Page Protection
Please Wait...

The True Price of Meat

Picture
Sometimes those sale ads look too good to be true, so in true Cheapskate fashion we stock up. But how much are we really paying, especially when that meat is full of bones?

Bone-in or skin on chicken (breast or thigh fillets, whole chickens, wings, drumsticks, marylands etc.) is about one-third waste. Bone in red meat (steaks, chops etc.) is about one-fifth waste.  Minced beef is about 20% fat, unless you pay the premium for low-fat mince. You are paying for that waste, it's money in the bin unless you really are getting a great deal.

How do you calculate the true price of the meat?

The calculation is quite easy.
Chicken: multiply by 1.5 to get the boneless/skinless price
Beef: multiply by 1.25 to get the boneless price
Mince: multiply by 1.2 to account for the fat (you usually drain it off rather than eat it).

For example Store A has T-bone steak on sale for $7.99/kg while Store B has Porterhouse on sale for $8.99/kg. Which one is the best buy? Initially it looks like the T-bone as it's cheaper. But don't forget you are paying for the bone, and you can't eat bone so why pay for it?

To find the best buy do your sums:
Multiply the price of the T-bone by $7.99 x 1.25 = $9.99/kg

Looks, or rather price tags, can be deceiving. The porterhouse is actually the best buy with a saving of $1 per kilo.

Use the calculator on your phone to calculate the true cost of the meat you are buying (or carry a little calculator with you) to make sure that sale price really is going to give you more bang for your buck.

How do you save on meat? Share with us in the comments!

About Cheapskates

Getting Started

Tools & Guides

Follow Us

Cath's Story
You Really Can Live on One Income
Join the Club!
Site Information
Contact
Begin here
Newsletter Archive
Journal Archive
$300 a Month Food Challenge
Forum
Cheapskates Tip Store
Cheapskates Recipe File
Tip Sheets
Facebook
YouTube

Copyright ©2001 - 2023 The Cheapskates Club, All Rights Reserved
  • Home
  • Join the Club!
    • Twenty Reasons to Join the Cheapskates Club
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • 31 Days of MOO Index
    • Articles
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
    • Learning Centre
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2023
    • Newsletters 2022
    • Newsletters 2021
    • Newsletters 2020
    • Newsletters 2019
    • Newsletters 2018
    • Newsletters 2017
  • Saving Money
    • Latest Tips 2023
    • Latest Tips 2022
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files