![]() It's easy to find yourself eating out at lunch again, wheeling a grocery cart full of impulse buys or tossing out spoiled food you didn't get around to eating. Meal planįor a lot of us, the best-laid plans all go out the window when we're hungry. Here are some simple ways to save when you shop. But if you want to save in this category, set a dollar amount and stick to it. Ultimately, the amount you spend on food is up to you. You may even find that it gets easier to pass by the things you used to splurge on. If you don't stick perfectly to your budget the first few times you go to the store, that's OK! Over time, you'll discover ways to refine your list. Instead of just buying whatever you want, choose a dollar amount based on your income, your location, the number of people in your household and your overall savings goal. Once you have a better idea of what you're currently spending and what you can eliminate, you can decide on a reasonable spending cap. Maybe it's alcohol, snacks or certain perishables that you never seem to get through. After you have a good understanding of what you currently buy, decide what can be eliminated. Purge the non-essentials from your list. ![]() ![]() What are your necessities? What are your indulgences? Does any food go to waste at the end of the week? Write everything down and note how much you spend each week. Over the course of an average month, take note of what you're buying each week. Here are some tips for designing a grocery budget: ![]() If you walk into the store knowing you can only spend a certain amount, it sets the tone for a more disciplined shopping trip. Budgets help you stick to a spending cap, be more disciplined with your shopping list, and use your dollars wisely. One way to tackle the challenge is to create a grocery budget. Tips for designing a grocery budgetĪs many of us have experienced, it can be tough to be disciplined at the grocery store. Try and aim to spend no more than 15% of your take home pay on food and groceries. You can also look at your recommended grocery spending based on a percentage of your income. These numbers offer a good starting point for a grocery budget:įor a family of four in 2022, your spending on groceries should fall between $875 – $1,287 a month. You may find you spend more or less depending on your location or dietary preferences. It considers incomes, genders, ages and family sizes. The recommendations consider the cost of a nutritious diet for a range of families. The Food Plan from the USDA (July 2022) offers guidelines on how much families should spend on groceries.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |