The Supplemental Nutrition Assistance Program allows families and individuals in need to supplement their grocery budget with funds received via electronic benefits transfer.
Early in the pandemic, the U.S. Department of Agriculture provided extra emergency allotments for SNAP recipients. However, some states have already phased out those additional payments and they will end nationwide this month. In addition, for people receiving both SNAP and Social Security, January’s cost of living increase in Social Security payments may have reduced their food benefits by raising their income.
Vince Hall, chief government relations officer for the hunger-relief organization Feeding America, said in an email that ending the extra assistance cuts nearly $3 billion per month in food purchasing power from the economy.
And the populations that often rely on SNAP food benefits, like seniors, people with disabilities and families with children, will have an even harder time covering the cost of their groceries.
Between sticker shock at the grocery store due to rising prices and those recent changes to SNAP benefits, it’s important for households who rely on SNAP to get the most out of their budget.
5 ways to stretch your SNAP benefits
Here are some ways to make the most of your food budget.
1. Buy staple foods in bulk
Stocking up on basic food staples can help you maximize your monthly SNAP food benefits. In addition, many pantry essentials can serve as a base for cost-effective and satiating meals.
“Staple foods like rice, beans and pasta can be affordable and filling, making them a good way to make the most of your SNAP benefits,” certified financial planner Gabriel Lalonde said by email. “Look for deals on these items and consider buying in bulk to save even more money.”
2. Shop at farmers markets
You may be able to double the value of your SNAP food benefits by shopping at your local farmers market through a program called Double Up Food Bucks. Check the…
Read the full article here