Are you spending more on groceries every month than your budget allows? Would you like to reduce your grocery spending? Are you an impulsive grocery shopper?
The grocery bill can get out of control for me if I’m not careful. In fact, when I looked back on our spending in 2013, I was surprised at how much we spent on groceries–about $7600 for the year or $634 a month for my family of four. For me, that is too high.
Last year, I ran a monthly series, The Christmas Savings Club, that encouraged all of us to save monthly so that we could have a cash Christmas. Personally, the club encouraged me to set aside money every month and the relief and empowerment that I felt in December when we paid cash for all of our Christmas gifts was awesome! I will continue to set aside gift giving money on a monthly basis.
This year, I need to reduce our monthly grocery spending to $450 a month to stay within our overall budget I have planed for 2014. It’s aggressive for me to think that we can reduce our groceries by that much and hopefully I’m not setting myself up to fail, so I’m starting another club. Last year’s club made me accountable and I was successful at setting aside the money. This year, I need to reduce our grocery spending and I need to succeed.
The Goal of the Grocery Budget Challenge is to keep our grocery spending in line and to be creative with our meal planning so that we aren’t over-spending. We also don’t want to make our family miserable with bland meals, boring snacks, and not enough food in the house.
Lately when I see my bill at the check out, I’m shocked at how few groceries are actually going home with me. This will be a challenge where we’ll need discipline, support, and planning.
Why YOU should participate in the Grocery Budget Challenge:
1. To help you stay within your grocery budget on a monthly basis.
2. To save your sanity because you’re sticking to your budget.
3. To learn tips and tricks from others on how to stay within your grocery budget.
On the 30th of each month, between January and November in 2014, we will meet here to discuss our challenges and successes for the month. There will also be action steps every month due by the next meeting.
Before our first meeting on January 30, 2014, there’s a little prep work that you’ll need to do:
Action Step 1: Figure out your monthly grocery budget. Make sure the number fits into your overall budget and takes into consideration your family’s dietary needs. It should be challenging enough where you’ll need to be creative with your meal planning, but not too challenging where you’re just going to set yourself up to fail. Plan on spending cash only, not credit cards.
Action Step 2: Develop your own system for meal planning and making a shopping list. Start meal planning ASAP. I’m a paper and pencil gal, for my system and tips, read 11 Simple Meal Planning Tips.
Action Step 3: Meet me here on January 30th so we can discuss the first few weeks of the Grocery Budget Challenge.
Let’s make 2014 the year that we stay within our grocery budget.
Do you feel like you spend too much on groceries every month? Will you be joining the challenge? Let us know in the comments.
Update: 12/1/2014 – the challenge is over, but here is a list of all of the posts: