So, as I look back over the last three weeks, I did not achieve either of my goals, either my safety goal or my reach goal. See my previous post on my goal and why my goal is $50 or less and my plan for achieving it here: http://frugalstudents.blogspot.com/2014/07/biannual-review-time.html .
I am disappointed in myself and sort of worried that we won't make it. We spent $92 at wegmans, $23 at trader joe's, $12 at the meat store, $11 at tops market and $28 at BJ's warehouse for a total of $166 for three weeks. This averages out to $55.33/week. That means I have to spend less than $45/week for three weeks to make up for this OR find a way to consistently spend less than $49/week for the rest of the year.
So what caused this higher spending? First, I neglected to account our spending at the meat market. Also, I found a few more items that were cheaper at BJ's than wegmans's, including one that was only cheaper because of a coupon BJ's sent me. Third, we went through our fruits and vegetables faster than I expected and we did a top off at trader joe's. Fourth, tops had a sale on my sodas in two litters and I stocked up. I am noticing a trend here, I stock up ALOT.
So, what is my next step? Well, logically I won't need to spend as much at BJ's because we have stocked up but what if I find another deal? Maybe I should leave that amount alone for now? Given that I neglected to even think about the spending at the meat store tells me I should take a closer look, and maybe cut that down. My goal will be to cut that by half, down to $6. Next, because of those larger purchases I am hoping to spend less than $92 next week at wegmans. The best goal would be $67 but I don't think is possible so I am going to try to spend less than $92 at wegmans. Combined this should set me up to spend no more than an average of $50/week.
This does not mean I'll break even, I'll still be over budget BUT I think that I will do better by slowly cutting down than any huge cut. I had a hard time the last three weeks with not just saying screw it and going out to eat and that costs me more than a $16 extra dollars I spent. There is also a chance I'll spend nothing at tops over the next few weeks because that depends on the sale and deals and sometimes those just are not there. I am going to get used to the first $16 cut and then work my way down as needed.