I’m not very good at traditional budgeting. Never have been; maybe I never will be. I figure as long as I have enough money to pay the bills plus some left over, we’ll be alright. I do have a loose budget with all of our monthly bills, and as they are paid, I turn them to green from red. It works for me.
That being said, I realized something today while at the grocery store. Not only did I spend $40 on pretty much one bag of groceries, but I also stressed about the total all while I was in the store. It was not a very good shopping trip. I was worried about how much money I was spending.
That got me curious. Would I be less stressed if I had a budget with a set amount, or would it be even worse? Right now I shoot for $200 a month in groceries (it’s just me eating most of the time) and I wonder if that’s too low. My husband works 60 hours a week and really doesn’t eat much at home except for breakfast and some dinners. I’m thinking I could raise it but I don’t really want to spend more than that on groceries.
How much do you spend on groceries per month and how many people are in your family?