Archive for the ‘ Monthly Spending Summary ’ Category

Monthly Spending Summary (April)

Saturday, May 25th, 2013

 

Well, I went over budget again this month.  While I was really frustrated when I crunched the numbers and found that out, it has been a good thing because it has made me reevaluate how I’m spending our grocery money.  In asking myself the question of  why am I going over budget when other years I didn’t have very much problem staying under budget, I began to realize a couple of things.  One is that food prices are definitely rising and our two children are eating more than they ever have.  Also, this year we’ve been eating healthier than ever and that has cost a bit more.  I’ve switched to using only butter and no vegetable shortening, we’ve eaten lots of salads, I’m trying to avoid high fructose corn syrups in several things that we use a lot and the list could go on.

But the real thing that I was forced to realize – and if I’m honest I think it’s made a big difference in my grocery spending too- is that I simply have gotten into the bad habit of not following my cardinal rule of doing without if we need to.  There are some things that I didn’t used to buy that I have begun to consider a necessity.  I’m still processing what to do about this.  My husband and I need to have a discussion about it and decide if we are simply going to spend more for groceries or if we should tighten the purse strings so to speak and try to do without some of those things that we have come to think we need.

I’m not sure what we’ll decide, but I do know that I am determined to be more intentional than ever about what I purchase.  And I also am determined to be more on top of knowing how much I’m spending throughout the month.  Because I used to do so well I’ve gotten lackadaisical about keeping up with my spending as I go and instead wait to find out the month’s “fate” at the end when I do this Monthly Spending Post.   I  want to work on changing this and keep better track of what I’m spending as I go.

And now for the details….

If you want to see exactly what I purchased, check the posts under My Deals for more details.

Monthly Grocery/Household Budget: $200
Total Spent: $259.42
Total Saved with Coupons: $239.22
Total Saved with Sales: $119.35
Total Saved: $358.57

Week 1: $3.64
Week 2: $56.39
Week 3: $30.87
Week 4: $81.61
Week 5: $86.91

Credit: $6.99
This was for a Staples Easy Rebate that I received for buying printer paper.

Ending Monthly Balance: $59.42
This is the amount that I am over budget for the month.

Ending Annual Balance: $11.90
In case you are confused, this is the amount I am over (yes, OVER) budget for the year.  :(

Photo Source: Shutterstock

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Monthly Spending Summary (March)

Thursday, April 4th, 2013

Okay so this is rather embarrassing.  It’s the end of April and I’m just now getting my March Monthly Spending Summary posted. And I did pretty much the same thing last month.  Can you tell it’s not my favorite post to do?

Actually, I’ve been rolling around the idea of eliminating it but I haven’t been quite sure how to show everything about our grocery budget then.  I’ve been playing around with some other ideas such as including it in my last Weekly Spending post of the month but that wouldn’t always work either.  Anyhow…like you really probably cared about all that!  :)

I went majorly over budget this month.  In fact I don’t think I’ve ever gone this far over budget in the 6 1/2 years we’ve been married and have been budgeting.  But I was mostly okay with it since a lot of the money went into buying a bunch of meat that will hopefully last us several months.  And it felt really good to know that I still am not over budget for the year thanks to overages from previous months.  Now onto the somewhat boring details….oh, but let me quick just mention, did you see that I saved almost as much as I spent even though I bought all that meat?!  And actually if you would count in the rebates that I got back it would only be about $12 different.  I was pretty excited about that!

If you want to see exactly what I purchased, check the posts under My Deals for more details.

Monthly Grocery/Household Budget: $200
Total Spent: $400.44
Total Saved with Coupons: $200.25
Total Saved with Sales: $173.94
Total Saved: $374.19

Week 1: $75.41
Week 2: $96.07
Week 3: $116.16
Week 4: $85.36
Week 5: $27.44

Credit: $20.98
This was for several things: $10.00 for a Staples rebate that I did for printing paper, $2.00 for a Rite Aid Single Check Rebate (they no longer do these) and $8.00 is a credit for 2 packs of diapers that I gifted out of my stockpile.

Ending Monthly Balance: $179.46
This is the amount that I am over (yes, OVER) budget for the month.

Ending Annual Balance: -$47.52
In case you are confused, this is the amount I am under budget for the year.  I will roll this over to use in future months.  In the spring I try to get ahead as much as possible because during the summer I always buy a lot of fruits and veggies to can and freeze.

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Monthly Spending Summary (Feb.)

Wednesday, March 6th, 2013

If you want to see exactly what I purchased, check the posts under My Deals for more details.

I don’t have much to say about my spending this month other than the fact that I spent quite a bit more than I have in a while.  I also found it interesting to note that I saved $28 more than I spent!

Monthly Grocery/Household Budget: $200
Total Spent: $152.49

Total Saved with Coupons: $83.90
Total Saved with Sales: $96.59
Total Saved: $180.49

Week 1: $1.99
Week 2: $60.88
Week 3: $14.21
Week 4: $75.41

Ending Monthly Balance: -$47.51
This is the amount that I am under budget for the month.

Ending Annual Balance: $226.98
In case you are confused, this is the amount I am under budget for the year.  I will roll this over to use in future months.  I know it might seem like a lot of “extra” money but I plan to buy a bunch of meat next month and that will take a significant chunk out of

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Monthly Spending Summary (Jan.)

Wednesday, February 13th, 2013

If you want to see exactly what I purchased, check the posts under My Deals for more details. 

Some of you may remember that last month I asked the question, “So what do you think?  Should I try going a month without buying anything but say milk and eggs and maybe $10 worth of other stuff if I need it?”  Most of you that responded said that, no, you didn’t think I should try it.  And I decided not too, at least not for now.  Here’s why.

I kind of agreed with reader Monica’s comment when she said, “The base of your system is having a foundation of goods to build meals on, and if you dismantle it, I fear you’d be playing catch up for a long time.”  That was kind of what I felt myself but thought maybe I was just being too cautious.  I decided instead to just give myself the freedom to scale back some weeks on my shopping.  For instance, if there is a week that I an unusually busy or just don’t feel in the mood to do the deals, I won’t.  In the past I typically felt obligated to go no matter what.  Now I’m going to try not to feel that pressure.  Notice I said try.  When you are a saver like me, sometimes it’s hard to remember that you actually don’t need to do every deal!  :)

Another thing that some of you have asked is whether I plan to keep my same grocery budget dollar amount, especially with so many food prices rising.  Honestly, I wasn’t sure what I was going to do.  Many food prices are increasing and this year we do have 2 children eating instead of just 1 eating and 1 breastfeeding.    However, since we’ve been away the last 6 weeks and have had our food provided for us, it has enabled me to get ahead budget wise.  I had thought we would just scale back our budget accordingly but my husband really felt like we should just keep it like it is to reflect rising food prices and also to make me feel more free about skipping some deals like I mentioned above.  Plus I didn’t have to purchase any beef last year thanks to a huge beef purchase from friends the year before.  But that meat is almost all gone so I’ll be needing to restock our freezer with beef.

So in some ways we are increasing our budget.  I’m not sure how you’d figure out how much since the 6 weeks we were away we still had to supply personal care items and diapers, laundry soap etc.  In other words, it’s not like we had no expenses.  I’m guessing though it would work out to be about a $13/mo. increase.

I hope that all makes sense and please, as always, feel free to ask questions!

Okay, so about this month’s budget.  Since we were gone 4 out of the 5 weeks, I didn’t spend very much and I plan to just roll the excess over to use in future months.  I know I’ll use it up quickly when canning time comes and I purchase large amounts of fruit and veggies!

Monthly Grocery/Household Budget: $200
Total Spent: $20.53

Total Saved with Coupons: $61.85
Total Saved with Sales: $33.87
Total Saved: $95.72

Week 1: $12.55
Week 2: $6.19
Week 3: $0
Week 4: $1.79
Week 5: $0

Ending Monthly Balance: $179.47
This is the amount I am under budget for the month.  I will roll this over to use in future months.

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Monthly Spending Summary (Dec.)

Thursday, January 3rd, 2013

Wow, this has been quite a year!  With food prices rising, coupons and deals not being quite as good as before and with our little family expanding to four, I wasn’t sure how I’d do at keeping our grocery budget to $200/mo.  But I almost did it.  I ended up being over by just $1.02 and actually, I technically wasn’t even over.  Here’s why.  My mother-in-law owed me for some groceries that I had bought for her that I took out of our grocery money.  She wrote me a check and we had intended to get it deposited by the 31st but forgot, so now instead of that money going towards this years grocery budget it will go toward next years. So I think technically I was under budget by about $8 or $9 for the year.  Not much, but still under budget and that is what counts!  :)

At any rate, I was happy to be pretty much on target.  And the thing is, I have cupboards, freezers and a pantry full of food and supplies too!  In all honesty I could probably do pretty much no shopping for at least a month, maybe two and still have decent meals and not have to do without many things.  I’m kind of tempted to try it.  But the thing is, I’m scared I’d get so low on most things that I’d end up paying way more than I typically do to restock and I’m not sure then that I’d be any further ahead.  So what do you think?  Should I try going a month without buying anything but say milk and eggs and maybe $10 worth of other stuff if I need it? 

And here are the stats….

Monthly Grocery/Household Budget: $200
Total Spent: $113.17
Total Saved with Coupons/Sales: $231.66

Week 1: $63.07
Week 2: $21.29
Week 3: $18.86
Week 4: $9.95

Credits: $4.69
This was for a Rite Aid Single Check Rebate that I did.

Ending Monthly Balance: -$91.52
This is the amount that I am under budget for the month.

Ending Annual Balance: $1.02
In case you are confused, this is the amount I went over budget for the year. So actually, I am over budget by $1.02 for the year.

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