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Thread: Budgeting Question

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    #1

    Budgeting Question

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    I have often tried to write a budget, and I always fail because I have no clue how much I should spend on food. I know this is probably a silly question, but is there a good rule of thumb on what percentage of the budget should be for food? I don't think I necessarily overspend, but some kind of guideline would help me do better.
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    #2
    Quote Originally Posted by antenney View Post
    I have often tried to write a budget, and I always fail because I have no clue how much I should spend on food. I know this is probably a silly question, but is there a good rule of thumb on what percentage of the budget should be for food? I don't think I necessarily overspend, but some kind of guideline would help me do better.
    I saved receipts for a month and figured out roughly what I spent and then added some to it. I have $400 a payday (yes $800 a month) budgeted for food because I have 2 boys and a husband!
    I haven't figured out what percentage that is of our total combined income.
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    #3
    On the financial board I'm on they normally recommend about $100-$150 per person in your house. I budget about $500 a month for two adults and 2 kids.
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    #4
    I'll definitely have to save my receipts and see what I spend. $100/person sounds about right. It's just me and DH, so it shouldn't be too hard to do. I think at the moment I'm spending a bit more, but I know there's some things to work on. I do use a list and don't go crazy or anything, but I usually pick up a few impulse items and such. Thanks!
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    #5
    I budgeted what we could afford and that's what I brought to the grocery store. We never starved.
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    #6
    I cut so many coupons its not even funny, I usually save like 60$ just with coupons. Its just me and my husband and we spend no more than $200 a month on groceries. Usually its around $175.
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    #7
    I spend 400-500 a month on my family of 4 and 3 daycare kids.
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    #8
    We spend about $400 for a family of 3, to me that is a lot but i am so used to being a single mom and not even spending half that so i am having problems budgeting too.
    I aim to spend no more than $300 in the furture not including the baby.
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    #9
    Its just DH and I and a cat and lately ive budgeted $250 a month which is generally enough but now that im preggo im gonna add more to that since ive been buying a lot more fruits and veggies to juice with.
    I cut coupons too and i buy organic when i can.


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    #10
    I budget our family about 50.00 a week but it could easily mean 100.00 worth of food. I do coupons and stockpile. That includes 2 adults, a growing boy, and a baby girl

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