Tag: grocery budget

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).

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.

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A Year of Good Food: Easy Meals

Hello from sunny (very, very sunny) North Carolina! Our family has moved and is now living in the charming town of Davidson, North Carolina. We’re enjoying our new air conditioning, as the heat here is intense in July.

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.

June

I feel like I’ve been writing the same report for months now, but June felt absolutely crazy-pants chaotic. I had to take it one day at a time. We had the end of school, the boys’ birthdays, the start of a new graduate class for my master’s, good-bye parties, a big work conference Mr. ThreeYear and I both needed to attend the week of the move, plus all the regular packing and moving details involved with a move. We spent $691.78 for the month, well under budget, in nineteen separate trips to the store. We tried to eat up all the food in our fridge this month, but did a lot of eating out as well.

Yard sale-www.thethreeyearexperiment.com
Our spectacularly unsuccessful yard sale in late June (small towns aren’t great for yard sales, we learned).

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A Year of Good Food: Survive the Move

June is here and with it, summer weather and summer eating! We love the beginning of fresh fruits and vegetables and the lighter meals we tend to eat during the summer months. There’s no air conditioning in most places in New Hampshire, our house included, so keeping our house cool is important. That means limited time using the stove and oven.

A Year of Good Food: Survive the Move www.thethreeyearexperiment.com

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 shopping the perimeter of the store only. It meant we ate healthier. You may have read the news that we’re moving at the end of the month. That’s right; our dream of location independence is coming true.

May

Because of the move, there was zero planning for May’s food shopping. We went to the store when we could, didn’t use lists, didn’t meal plan, and generally just pieced our meals together as best we could. Despite the chaos, I’m happy to report that we spent $775.95 in May. Yes, I know that figure goes over our budget, but it only goes over $3.95, and believe me, we were spending left and right with no plan. Our house was on the market and we sold it this month. Plus, we had one visitor during the month of May and took two quick weekend trips, meaning our routine was even further skewed. So the fact that we were able to keep the spending down even while not really thinking about it makes me feel like we’re changing our underlying spending habits around groceries.

Continue reading “A Year of Good Food: Survive the Move”

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.

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.

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A Year of Good Food: Shop at One Store

Happy April! Time for this month’s recap of A Year of Good Food.

Our family is challenging ourselves to spend less on food this year so we can reach our goal of location independence by the end of 2019. Last year, I challenged myself to adopt 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.

This year, 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.

For some people, $772 is a huge amount to spend on groceries. Others couldn’t imagine spending so little. The USDA Center for Nutrition Policy and Promotion says the average that monthly expenditure for a low-cost food plan for a family of four in the US was $731.20. The liberal food plan average expense was $1093. I’ve seen bloggers who spend $60 per month on their food (they garden and eat two meals a day). I know friends who spend $400 a week for their family of five. Food spending really does seem to be all over the place for people.

This experiment is about behavior change for our family, so by teaching ourselves to spend less and not waste food (which we can be pretty bad at) my hope is that at the end of this year, we’ll have developed permanent habits around spending less and eating everything we have in the refrigerator.

So far, it has not been easy to achieve this goal.

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

A Year of Good Food: Use Cash

We are already entering the third month of the year! Crazy stuff! That means it’s time for another update in A Year of Good Food.

A Year of Good Food: Use Cash--www.thethreeyearxperiment.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 challenged myself to adopt 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.

This year, we are challenging ourselves to do better at our food spending. Our family spent an average of $966 US per month on groceries in 2017 for our family of four. That’s almost $12,000 in just groceries last year.

For 2018, we’ve adopted the modest goal of shaving 20% off that number, each and every month. That means we would spend no more than $772 in groceries in any month of the year.

The extra $200 per month is going into a travel savings fund, so we can see and benefit from our reduced spending in the food budget.

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.

Continue reading “A Year of Good Food: Use Cash”

A Year of Good Food: Shop with a List

It is time to report on our first month’s progress in the A Year of Good Food Challenge.

A Year of Good Food List--www.thethreeyearexperiment.com

This year, our family is challenging ourselves to spend less on food, so we can reach our goal of location independence in two more years. Last year, I challenged myself to adopt 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.

Year Two’s Challenge  is called A Year of Good Food. This year, we are challenging ourselves to do better at our food spending. Our family spent an average of $966 US per month on groceries in 2017 for our family of four. That’s almost $12,000 in just groceries last year.

This year, we’ve adopted the (what we hope is attainable!) goal of shaving 20% off that number, each and every month. That means we would spend no more than $772 in groceries in any month of the year.

With the extra money we’re saving, we’ve created a travel fund, so we can pay for a ticket to Chile for Mr. ThreeYear, or some other travel adventure. The point of spending less on groceries isn’t just that we’ll have saved more money. It’s that we’ll develop the habit and hopefully carry it with us in future years, so we’ll spend less and waste less. Continue reading “A Year of Good Food: Shop with a List”

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”