Every month, my husband and I check our family’s income and expenses for the previous month. We just finished looking at January’s budget and I noticed that we really went overboard on our food expenses. We use Mint to track our accounts and for January here was the total for food related expenses -> $767.17.
Yep we spent a ton of money on eating. Looking at the transactions, there were some one time expenses plus treating family and friends who visited. That said, I think we can do better with our food spending.
Groceries – Costco and More
We made quite a few trips (8 total) for groceries this month. The total for grocery shopping last month’s grocery run came out to $454.55.
Most of the trips were to the Food Lion right around the corner, where I grabbed items as needed (plus a bit since I already there….). We did picked up some staples that we needed, but more often than not I didn’t bring a grocery list.
The Costco trip was during the last weekend when we had a dear friend and several members of our family over to hang with us and see our baby girl. Instead of going out, we decided to eat in and have a family cook out dinner. Plus we wanted to give our friend a nice lunch (grilled rib-eye!) before the crowd came.
We hustled over to Costco and picked up the following items:
- 4 Rib-eye steaks
- Big bag of sweet peppers
- 12pk of mango habenero sausage
- 12k of ground beef patties
- Half & half
- Paper plates
- Stuffed Tilapia
Eating Out – Not Bad, But……
We did go out quite a bit with our friends and family last month. In fact we only went out for a lunch date once to grab some sushi for their specials. The rest was sit down restaurants that weren’t terribly expensive, it just went went out frequently and treat a few times. We never feel bad about that; we just have to space them out more.
We spent a total of $177.79 in January eating out at restaurants. I believe February will be much lower – we’ll be eating in more and having friends over for meals instead of going out so often.
Fast Food – Munching Away Money
Between coffee shops and fast food we spent about $100 to get a quick bite. Honestly having something once in awhile is fine with us, but we could be smarter about how much we eat out.
Besides shaving off a bit of more off our expenses, it’ll be better for our waists to be more thoughtful about our food selection.
Thoughts on Your Family’s Food Budget
I’m also happy to say a few of the charges were mislabeled, meaning our expenses were just a tad lower. Still, I think we can do better with our grocery and restaurant spending.
How did you do with your food spending last month? Did you stay within the budget or did you go over? What’s your family’s average for groceries each month? How much do you spend on eating out?
Photo Credit: MSVG