A Year of Good Food: Shop at Aldi

Time for the seventh installment of our family’s grocery challenge for the year, which I’m calling “A Year of Good Food.” (Spoiler: this is the first month we failed).

A Year of Good Food: Shop at Aldi www.thethreeyearexperiment.com

At the beginning of July, we moved from New Hampshire to North Carolina. We sold a house there and bought a house here, but along the way, we lived in hotels and stayed with my sister for about a week, then filled up a new fridge and pantry, then fed all four of us breakfast, lunch, and dinner all month. We blew an exorbitant sum of money on everything in July, including food.

The Back Story (Skip This if You’ve Already Read it Six Times)

This year, our family is challenging ourselves to spend less on food so we can save and travel more. Last year, I adopted one habit a month that would translate into better money moves for our family. You can read all about our A Year of Good Habits here.

That experiment worked so well that we tried a new one this year. In 2018, we are challenging ourselves to do better at our food spending. Last year our family spent over $12,000 in groceries, or $966 per month.

This year, our goal is to spend 20% less on groceries. That may not sound like a lot, but it’s almost $200 per month in food savings. The extra $200 per month is going into a travel savings fund, so we can see the results of our hard work in spending less on food.

We could have adopted a radical goal to keep our spending under $500 or something like that. But we know better. We thought it made much more sense to consistently hit our modest target, month after month, for an entire year, to show ourselves we could do it, than to maybe hit the $500 goal once or twice and then face plant with more $1000+ grocery bills.

And if we consistently hit sub-$772 spending, then perhaps we’ll challenge ourselves next year to shave off more.

Each month, we’re trying out a new way to save money at the grocery store. Last month, we focused on staying in budget while moving houses. We kept our expectations low–I knew I wouldn’t be able to consistently meal plan or regularly grocery shop, so the idea was to do as well as we could despite the chaos.

July

Ok, I’m going to get real with you this morning. This privileged WASPy white woman who currently doesn’t work (much) and who really only has to make sure that she keeps her two kids alive and make them clean the bathrooms for her has another first world problem. We got a puppy. And I have to watch it all the time. Because of course it lives inside and has the Prince(ss) of Bel Air life right now, complete with training treats and grooming gloves. She gets up at 5am which is normally my prime writing time, so this post may or may not make sense, because I have to check to make sure she’s not tee-teeing under the bed every 2 minutes.

labradoodle puppy www.thethreeyearexperiment.com
Lucy, our new dog

We did not get the puppy in July, though, so I digress something mighty. Lack of sleep will do that to you.

We spent the majority of the month unpacking boxes and getting acclimated to our new house. Mr. ThreeYear started working from home, which is both weird and wonderful, as he’s… home all the time! He eats every meal at home, so during July, all four of us ate every meal at home, except for the week we spent at the beach, when we ate every meal at the beach.

moving boxes www.thethreeyearexperiment.com
It took awhile to unpack all these.

I didn’t even notice we were going over budget, probably because I was busy spending money in every other budgeting category. We were also getting used to the heat, and drinking beverages like crazy. We have a Soda Stream and love it, but the $2.50/12 pack of seltzers kept ending up in our cart.

I also think that mental fatigue played a part. We had been “on” for our move since about March, getting the house ready, selling it, packing up our stuff, buying a house in NC, and once we moved and got a reasonable amount of boxes unpack, we could finally relax and rest. Moving in was about ten times as hard as I predicted and expected, and I’m glad that pretty much on the other side now.

Continue reading “A Year of Good Food: Shop at Aldi”

A Year of Good Food: Shop the Perimeter

Another month is done. Here’s what happened last month in your next chapter of… A Year of Good Food.

A Year of Good Food: Shop the Perimeter www.thethreeyearexperiment.com

This year, our family is challenging ourselves to spend less on food so we can reach our goal of location independence by the end of 2019. Last year, I adopted one habit a month that would translate into better money moves for our family. You can read all about what I called A Year of Good Habits here.

That experiment worked so well that we tried a new one this year. In 2018, we are challenging ourselves to do better at our food spending. Last year our family spent over $12,000 in groceries, or $966 per month.

This year, our goal is to spend 20% less on groceries. That may not sound like a lot, but it’s almost $200 per month in food savings. The extra $200 per month is going into a travel savings fund, so we can see the results of our hard work in spending less on food.

We could have adopted a radical goal to keep our spending under $500 or something like that. But we know better. We thought it made much more sense to consistently hit our modest target, month after month, for an entire year, to show ourselves we could do it, than to maybe hit the $500 goal once or twice and then face plant with more $1000+ grocery bills.

And if we consistently hit sub-$772 spending, then perhaps we’ll challenge ourselves next year to shave off more.

Each month, we’re trying out a new way to save money at the grocery store. We’ve tried shopping with cash, making only one trip to the store per week, and shopping with a list. So far, shopping with cash has worked best. That’s in line with the idea that parting with your money is painful, and so you’re more likely to part with less of it if you’re paying in cash. When we use credit cards, we separate ourselves from our spending just a bit, since when we pay with a card, we feel like we’ll pay for the groceries later (and we will, when we pay our monthly bill). Strangely enough, when we pay our monthly credit card bill, it feels like we’ve already paid for stuff in the moment of purchase. So there’s a lot less purchase pain, which is the reason we tend to spend more with credit cards.

As of now, we haven’t adopted an all-cash system because it’s convenient to pay with credit cards. But I might start this summer.

Continue reading “A Year of Good Food: Shop the Perimeter”

A Year of Good Food: Spending Less and Eating Well

It’s incredible to believe that we’ve completed one year of our Three Year Experiment! Our goal as a family is to double our net worth and become location independent within three years, or right as I turn 40. Our family currently lives in New Hampshire, which is a beautiful state, but far from both my and my husband’s families. And so cold! For someone who’s suffered from seasonal affective disorder (or SAD) for years, winters are really tough for me.

Year of Good Food--www.thethreeyearexperiment.com

So, we sat down just over a year ago, and created the big, hairy, audacious goal of doubling our net worth in just three years, so we wouldn’t be as dependent on traditional jobs and therefore not as tied to one place. Our dream is to be able to split time between two continents, or perhaps move to an international country for several years, and travel extensively, as we love to do.

Further Reading:

Last year I dubbed “A Year of Good Habits.” Each month of the year, I focused on adopting one new habit to help us achieve our goal (I wrote about the results of that experiment here). I found that yes, making your bed each day does help you get better at financial stuff. Strange, but true. When you start the day with small accomplishments, you start to believe you’re someone who gets things done. You begin to trust yourself more. And that trust carries over into how you manage your money, how you spend, and how much you save. We were able to save up cash for several costly home repairs, completely pay off our apartment in Chile, and kill our last car loan. We increased our net worth by more than 32%, getting us really close to hitting 1/3 of our goal of doubling our net worth in Year One.

Since last year’s experiment was such a success, I thought this year needed its own theme, a new challenge. Mr. ThreeYear and I sat down and talked about the one thing that we could do to help us reach our goal more easily. Both of us decided that we could do better in food spending. In 2017, our average monthly spending was $966. We spent almost $12,000 in just groceries last year. While we live in an expensive part of the country for food, we feel that we waste a lot of food, and could do much better at our food spending. Continue reading “A Year of Good Food: Spending Less and Eating Well”