July Recap
Posted by hobbysavingmoney on August 5, 2008
For the month of July our food and household spending breaks down like this:
18% – household (includes prescriptions)
53% – grocery
29% – dining out
Overall, we were $21 over budget.
What we did well: stocked up on household goods (50% of the expense was water filters that will last us 6 months), bought free after rebate items
What we need to do better: not overbuy groceries (our pantry is plenty full), re-evaluate dining out strategy
August goals:
Stay within budget!
Buy only groceries that are needed for the given week
Only purchase household goods that are FAR or needed immediately (ie toilet paper)
On a positive note, our current budget is only 38% more than my personal budget was when I was single. Considering that I married a 6′ 3″ amateur chef, I’d say we’re doing pretty good. And our monthly spending is down about 20% from what it was 6 months ago. If we have reduced spending hat much during a time of inflation, I’d say we’ve done a good job (especially considering how stocked our pantry currently is). Now I just need to actually cook from the stockpile.
Katie said
Hi. Thanks for the Polenta tip. I will try using cornmeal! Good luck with your blogging and frugal living. Will check back with your blog in a few days!
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