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.