Spring 2012, Week 5

Sunday, May 13, 2012

  • Health: Alter your recipes to reduce or eliminate fat, salt, and sugar and to increase fiber. For example, to reduce the fat content of recipes, use fat-free (skim) milk instead of whole milk.
  • Wealth: Avoid payday loans where borrowers write a postdated check to a lender to get money for a high fee. Often, when the fee is calculated on an annual basis, the APR is almost 400% or higher!

Monday, May 14, 2012

  • Health: Cut the fat. Use 1/4 less liquid oil or solid fat in most recipes and two egg whites for every egg. Substitute applesauce for vegetable oil and melted butter or margarine in cookies and cakes.
  • Wealth: Calculate the potential savings from making regular deposits (e.g., $25 per week) with online financial calculators. Knowing the results can motivate you to save.

Tuesday, May 15, 2012

  • Health: Eat less sugar. Use up to 1/3 less sugar in recipes for cookies, muffins, quick breads, and cakes.
  • Wealth: From every dollar save a dime. “Pay yourself first” by saving at least 10% of your gross income.

Wednesday, May 16, 2012

  • Health: Cut sugar calories. Replace canned fruit packed in syrup with fresh fruit or with canned fruit packed in water and buy low-sugar ice cream.
  • Wealth: Save $1 a day, plus pocket change, by reducing daily expenses. You’ll accumulate about $50 per month or about $600 in a year.

Thursday, May 17, 2012

  • Health: Reduce your sodium intake. Omit or reduce half the amount of salt in most recipes.
  • Wealth: Consider investing some money for long-term goals (5+ years in the future) in stocks or stock mutual funds for growth potential.

Friday, May 18, 2012

  • Health: Eat more fiber. Substitute up to one-half of all-purpose flour with 100% whole wheat flour and add high-fiber ingredients to recipes (e.g., whole oats to muffins, waffles, and pancakes).
  • Wealth: Practice effective consumer skills: comparison shop, use coupons and sales, and ask for discounts.

Saturday, May 19, 2012

  • Health: Avoid “mindless” eating. Separate eating meals and snacks from other activities like watching TV or reading a newspaper.
  • Wealth: Establish an emergency fund to cover unexpected bills or living expenses if your paycheck stops.

  1. Rutgers
  2. Executive Dean of Agriculture and Natural Resources
  3. School of Environmental and Biological Sciences