1 Million Dollars

Thursday, July 7, 2011

Update on grocery savings plan June

I averaged $48.08/week last month on groceries. That was below my weekly allowance for groceries and I am quite please with it. I even was able to spend lower then the amount I need to bring my year to date grocery spending closer to my annual goal.
I am now averaging $51.78/week. I am at exactly halfway though the year and I am $46.22 over my goal. I am still within budget but by achieving this goal I will have more money for savings and invest or even more fun. I think I can cut $46.22 from 26 weeks even with Christmas dinner. If I am to achieve my goal of $50/week, I will have to spend average less than $48.22/week for the rest of year. This is more then I spent last month, on average and I think I can do it.

Anyone have any advice for keeping my totals low while eating well?

4 comments:

  1. I don't think you'll have an issue. I think you have also have to factor in the fact that transportation costs went up substantially. Since gas prices recently have dipped we should see a bit of inflation ebb away.

    -Ravi Gupta

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  2. have you tried foraging? here in western Kentucky, my hubby went out yesterday and picked a gallon of wild blackberries. Nothing cheaper than nature for putting food on the table...eat well for only the labor spent!

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  3. Dmarie, I live in an urban area so their really is no place to forage. If I lived in the country I would. I have started a garden which does help stretch the budget.

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  4. Beans are our frugal staple and they're really nutritious. We typically have at least four kinds of beans around and cook them in a variety of ways so it never really gets boring.

    Generic or store brand items also help us spend less at the store.

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