Tuesday, August 7
I'm curious... How much do you spend? Do you know?
What are your money saving tips and secrets?
What do you include in your "grocery" category? I tend to lump all grocery related expenses into the grocery category (e.g diapers- when I bought them, cleaning supplies, toiletries, asprin, wine, batteries, etc.)
Our average monthly grocery expense prior to the financial diet was $881. Last month we spent $701.89 on groceries (28 entries). A 20% reduction. Groceries are usually pretty essential. I have been trying to only buy exactly what we need - not what we might need. Paying with cash really helps!
We have a basic Excel spreadsheet and every night we document how much we spent and group it into general categories (grocery, dining out, entertainment, gas, travel, auto maintenance, etc.). It is a lot of work, but pretty critical for the project.
I'm really curious... tell me about you.