WEBVTT - Know your burn rate 

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<v Speaker 1>Welcome to Before Breakfast, a production of I Heart Radio.

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<v Speaker 1>Good Morning, This is Laura. Welcome to the Before Breakfast podcast.

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<v Speaker 1>Today's tip is to know your burn rate. People often

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<v Speaker 1>talk about a cash burn rate, how much money a

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<v Speaker 1>business needs to operate each month, but burn rates are

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<v Speaker 1>useful concepts for the stuff we need to run our

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<v Speaker 1>homes too. Paying attention to how quickly you use up

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<v Speaker 1>household supplies can save you from emergency grocery store runs

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<v Speaker 1>and needless frustration. If you're like a lot of people,

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<v Speaker 1>you may be trying to minimize your grocery store trips

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<v Speaker 1>right now to minimize COVID nineteen exposure. But even in

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<v Speaker 1>ordinary times, the frozen food aisle isn't exactly a party,

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<v Speaker 1>So the less frequently you have to go, the better.

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<v Speaker 1>To make sure you're well stocked between trips, pay attention

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<v Speaker 1>to how quickly you go through staples that you always

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<v Speaker 1>want to have on hand milk, olive, oil, cleaning spray,

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<v Speaker 1>pet food, diapers. If you know that your family goes

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<v Speaker 1>through three half gallons of milk a week in your

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<v Speaker 1>grocery shopping once a week, well buy the three half

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<v Speaker 1>gallons on each trip. Of course, I'm guessing. A lot

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<v Speaker 1>of listeners already know their milk burn rate, and they

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<v Speaker 1>plan accordingly. It's everything else that's more complicated. Fortunately, there

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<v Speaker 1>are simple ways to figure out the burn rates for

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<v Speaker 1>all sorts of supplies. One way is to use a

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<v Speaker 1>sharpie to write the date you open the container on

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<v Speaker 1>the container. For example, if you opened a bottle of

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<v Speaker 1>laundry detergent today, write the date on the bottom. After

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<v Speaker 1>you use up the detergent, take a look at the

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<v Speaker 1>date you started it, and you'll get insight into your

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<v Speaker 1>burn rate. Next time you're buying laundry detergent, you know

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<v Speaker 1>how long that container will last. You Now, I am

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<v Speaker 1>not suggesting that you keep records of how long every

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<v Speaker 1>canister of oatmeal or bottle of soy sauce lasts, but

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<v Speaker 1>just noticing how long something lasts can illuminate your shopping

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<v Speaker 1>over time, as you start to figure out what you

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<v Speaker 1>always run out of and what seems to last forever.

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<v Speaker 1>In my house, for example, we invariably wind up with

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<v Speaker 1>too much cooking spray but not enough peanut butter. Good

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<v Speaker 1>to know when the peanut butter disappears in two weeks,

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<v Speaker 1>but the spray is still with us three months later,

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<v Speaker 1>we can add peanut butter to the regular shopping list,

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<v Speaker 1>but note that cooking spray is more occasional. This burn

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<v Speaker 1>rate concept works for things beyond shopping. For instance, maybe

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<v Speaker 1>your number of bowls is the limiting factor on when

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<v Speaker 1>you need to run the dishwasher. Buying two more means

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<v Speaker 1>you can make it through morning cereal and evening ice

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<v Speaker 1>cream before you need to run the dishwasher. Same with

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<v Speaker 1>socks in the laundrier these days masks. Basically, you want

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<v Speaker 1>to have enough food, socks, masks, whatever to make it

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<v Speaker 1>to your next grocery trip, laundry load, or dishwasher run.

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<v Speaker 1>You don't want to be too constrained on when you

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<v Speaker 1>have to do these things, but you don't want an

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<v Speaker 1>excessive amount either, because why spend the money, use the

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<v Speaker 1>storage space, and spend the time keeping more things tidy

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<v Speaker 1>than you actually need. Knowing your burn rate helps you

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<v Speaker 1>to know how much is enough, and that way your

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<v Speaker 1>time and your mind are free for more important things

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<v Speaker 1>in the meantime. This is Laura, Thanks for listening, and

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<v Speaker 1>here's to making the most of our time. Hey, everybody,

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<v Speaker 1>I'd love to hear from you. You can send me

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<v Speaker 1>your tips your questions or anything else. Just connect with

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<v Speaker 1>me on Twitter, Facebook and Instagram at Before Breakfast Pod.

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<v Speaker 1>That's b E number four, then Breakfast p o D.

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<v Speaker 1>You can also shoot me an email at Before Breakfast

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<v Speaker 1>podcast at iHeartMedia dot com that Before Breakfast is spelled

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<v Speaker 1>out with all the letters. Thanks so much, I look

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<v Speaker 1>forward to staying in touch. Before Breakfast is a production

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<v Speaker 1>of I heart Radio. For more podcasts from I heart Radio,

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<v Speaker 1>visit the i heart Radio app, Apple Podcasts, or wherever

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<v Speaker 1>you listen to your favorite shows.