Controlling the Budget- Castle Edition
I mentioned in my previous post I’m scrutinizing all our expenses and even opportunities to maximize any returns. I was a bit lazy the past few months since we moved into our new house. Once we bought a house and had no immediate savings goal where we would get something tangible, we were a bit NOT motivated to continue saving at the previous aggressive rate. Sure, I set goals to max out retirement accounts and start a brokerage account, and we kept saving a long. But we started spending a bit more here and there.
EXCEPT A BIT MORE HERE AND THERE REALLY STARTS ADDING UP!!!
I would try to rein in the wheels, but then we would see shiny things like food. It’s embarrassing how much money we have spent food in the past six months, well in general forever! Food is always our week point. We may not necessarily go out to bars, but we do love take out.
DO YOU KNOW HOW HARD IT IS TO REIN IN FOOD SPENDING???
We would just postpone the budget talk. I would hope every month our Discover credit card bill would be lower than the next. Since we had other house expenses on top of the crazy food spending, we would go over budget. Sigh. What’s the point of a budget if you break every single time?
We’re buckling down and going in a budget again. Check it out below:
Our biggest challenge is keeping our food and gas bill in check. We have a weekly allotment of $62 for gas. This amounts to about two tanks of gas, one for each of us. Doable. The food is the challenge. We are basically cutting $500 off our budget. This is hard! $150 a week on all food is a challenge. Considering we go on a grocery run and spend $80 bucks on food that is easily gone in 3-4 days, and probably eat out a couple times ($20 each time for the both of us).
Now, I will have to more creative. I will have to look at ads and we will have to make meal plans. It’s going to be challenging.