tagline

One woman's adventures in cooking for her Dutch-American family.









Monday, March 14, 2011

Cut the Grocery Bill Challenge - week 3

We're in the home stretch! We kicked off the month with a "Cut the Grocery Bill Challenge." To review, here are the rules for our new Cut the Grocery Bill Challenge.
  • Our goal is $100/week ($400/month) for groceries only. We'll move on to household goods another time.
  • We will start using cash to pay for groceries. It will be a little awkward, but we'll pay for the food items first, with cash, then any other items with our debit card.
  • At the beginning of the month we'll take the full $400 a month out of our bank account, in order to take advantage of any surprise deals on our staple items.
  • When the money is gone, we stop spending. This means that if we do find some great deal and spend ahead, we need to make sure to reserve money for our son's milk.
  • Whatever money we have left at the end of the month gets deposited into our savings account.
We're doing great on the budget part, even though we haven't been doing well about the spend with cash part. I keep forgetting to go to the bank.

One discovery we made this week was Aldi's! We aren't bound to brands, so we were quite pleasantly surprised by what we found at our local store, and were able to spread out budget out a little farther.

Three weeks in, here's where we are:
Week 1: spent $6.02 $393.98 remaining
Week 2: spent $151.30 $242.68 remaining
Week 3: spent $53.80 $$157.63 remaining

I'm feeling pretty good about this, and think maybe our eventual goal of $300 a month is do-able.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...