How I spent $250 a month feeding a family of 5 – you can too!
Part of actively couponing is tracking how much money you are spending on groceries, having a budget and trying to stick to it.
In 2013 I set a grocery budget for our family of $250 a month, $3000 for the year. I am proud to say, after all the final numbers are in (I won’t shop anymore this year) we came in just under our budget at $2,826.65! While I went over some months, June and August are birthday months for us, and they were particularly high, but other months made up for it. My savings rate was 64%.
I now have to think about 2014. I think $250 a month is a realistic budget for us, especially with a new kitten rescue in the house. I keep pet food into the food budget as well. I think I will keep the budget the same, but try to increase my savings rate. If I lower my budget, unrealistically, I know myself, I will become discouraged.
What do you think? Should it remain $250 or should I try to reach an even better goal this year? Follow me along this journey, and please ask any questions in the comments! I love to help people save money.