My monthly budget for all of our grocery spending for our family of three is $160 per month. I track all of the items that I bought so that I can see what we are getting and how I am spending my money. It includes all our groceries, paper products and anything else that you buy at the grocery store.
I also added another budget category this year in the middle of the year that I started tracking with take out and eating out for $40 because I really feel that those two are a little linked because if you are eating out more then you should spend less on groceries or the other way around. It means that I have $200 for the month for both.
Here is how I did for the year:
Spending Savings
January $214.69 $450.10
February $92.83 $59.67
March $133.65 $139.14
April $131.47 $
May $181.00 $
June $73.65 $354.54
July $173.82 $301.33
August $167.65 $671.21
September $76.38 $261.21
October $164.96 $843.92
November $162.67 $627.12
December ? ?
Total $1572.77 $3708.24
Average $142.97 $412.03
Maybe I will have time to go back and figure out what my savings was from April and May before December month end but if I don't, I still think that these averages look pretty good. How did you do for the year? Ready to set some goals for the new year?
I am hoping to keep the same budget next year. It takes a little more work to make the numbers work with less deals coming less frequently but I know that if I work hard, it will work out for another year. Luckily, my pantry and freezer are really full so I am ready to start off the year right.
I am hoping that you are ready to have a great year end too!!!
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