Sunday, February 28, 2010

How Much Should I Spend on Groceries?

Plan out your meals. Decide what you are going to cook for each week, and buy groceries based on those meals. Think of how often you will go out to eat as well, say for lunch, and add that in.

If you aren't sure of the amount you normally spend, do a 'dry run'. Do your 'regular' grocery shopping, buying only necessities for each meal. How much did you spend? Write that down and then budget in a reasonable amount for snacks and eating out.  We start with your 'regular' grocery shopping because that is normally the largest amount and most difficult to get a handle on for a family.

Average monthly amount that a price conscious family may spend on groceries:

Size       Amount
2              $450
4              $600
8              $850


Don't forget your coupons! http://www.couponmom.com/

Your Financial Coach,

Dorethia Conner
http://www.connercoaching.com/
dorethia@connercoaching.com

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