Grocery Budget Check Up Week 4: Do You Keep Track Of Your Spending?

  • Sharebar

 

How’s your grocery budget looking this week? I really hope that you’re focusing not only on pinching those pennies with all the great deals out there, but also keeping track of your spending.

 

As I shared earlier this year, we increased our budget to $85 per week in 2013 as I really wanted to stock up on more fresh produce for our family (and love Sam’s produce which is a little pricier than Aldi’s!), however so far we’re still staying right around $60. Here’s where our money went this week:

  • Publix:  $32.63
  • Kroger: 27.86
  • Total: $60.49
I’m so excited because as I’ve really focused this month on getting the best deals, my pantry, fridge and freezer are completely stocked, and we have plenty. That’s what makes clipping coupons so much fun for me!  The thing I love about saving money with coupons is that there is no other area in your family’s finances where you can so drastically control what you spend. You can’t drop your car payment, electricity, or mortgage by 50% each month, however you have control over every penny that you spend at the grocery store. (And I’m a girl who likes a little control!)

 

My friend Shannon and I taught a coupon class a few days ago, and I’m always amazed at how differently we look at shopping. Several folks in the class really just bought items as they needed them, not taking into account items that were even on sale . . . much less coupons. Even if you NEVER, EVER use a coupon, ALWAYS check the sales ad! I bet that 30-40% of my savings each week is simply by shopping what’s on sale, and that really can impact your budget.
Here are a few tips to help you reign in control over your budget if you’re struggling with this one.
  1. Make a spreadsheet. I have a simple excel spreadsheet that keeps up with my savings, and this morning when I realized I’d lost this week’s receipts I headed out to the trash because I really want to know where my money is going each week! When you get back from the store, enter your total amount spent as well as savings in, and see how you’re doing each week. (So far this year we’ve spent $280 for $670 in groceries . . . woot!)
  2. Determine what you want to spend each week on groceries. Consider your family size, the amount of time you realistically have for bargain hunting and couponing, and what you’ve spent over the last three to six months on groceries.  Also check out your pantry, take into account what items you’re stocked up on and which items are looking pretty slim, and determine your budget for the future.
  3. Don’t go to the store for one more “deal” if you’ll be tempted to purchase more than you really need.  It’s so easy to see another bargain, head back to the store, and overspend on purchases that aren’t really all that necessary. What’s even more tempting is to grab one more not-so-great-deal as you go.  Know what your budget is and stick to it, no matter how great that deal may be. (I promise, I’ve been a penny-pincher for quite a while and there is always another bargain deal . . . really!)
  4. Remember that you can significantly impact your families financial situation by how much you spend at the grocery store, as the amount of money spent on groceries is one of the few items in your family’s budget that you have complete control over.

 

If you need to change your grocery budget in 2013, this really is a great time to start, and I know you can do this. Determine today how you want your year to look, set realistic goals, and decide to take control of your finances instead of allowing them to control you.  I can’t wait to hear how you’re doing on your goals, and am excited to see how we’ll do in 2013 to pinch those pennies even further!

 

Share how you’ve done this week by clicking HERE ~ I love hearing from you!

 

New to budgeting and don’t know where to begin? Here are a few posts that might help you get started:

Powered by Subscribers Magnet

Print Friendly
Fatal error: Uncaught CurlException: 60: SSL certificate problem, verify that the CA cert is OK. Details: error:14090086:SSL routines:SSL3_GET_SERVER_CERTIFICATE:certificate verify failed thrown in /home/laurie/domains/passionatepennypincher.com/public_html/wp-content/plugins/maxblogpress-subscribers-magnet/lib/user-temp/src/base_facebook.php on line 905