Hungarian Goulash (Spend With Pennies Style)

Ingredients

• 2 tbsp olive oil
• 1½ lbs (700 g) beef stew meat (cubed)
• 1 large onion (chopped)
• 2 cloves garlic (minced)
• 2 tbsp Hungarian paprika
• 1 tsp caraway seeds (optional)
• 1 bell pepper (chopped)
• 1 tomato (chopped) or 2 tbsp tomato paste
• 2 carrots (sliced)
• 2 potatoes (cubed)
• 4 cups (1 L) beef broth
• 1 tsp salt
• ½ tsp black pepper