The Cut backI recently realized that it's time (again) for me to take a good look at my financial status. Right now I've got a very good reason to do some cutbacks.
So I took my copy of 'America's Cheapest Family' from Steve and Annette Economides (what's in a name?) and decided that I shall do a blog series about cutting back. And I will share my experiences with you chapter by chapter.
Starting with the very life basics: Groceries
According to ACF cutting back on your grocery bill is the easiest and fastest way to start saving. An average American household spends about S177,- dollars per month on groceries. The hubby and I spend about E 200,- euros a month together. So about E 100,- euros per person.
ACF has one great strategy when it comes to grocery shopping: They only shop once a month. What?! What a big shopping trip that must be. And where do they put all their food and keep it fresh?
We don't own a freezer and I'm not planing to invest in one any time soon. So I don't think grocery shopping once a month is an option. Right now we shop once a week. But perhaps a strategy for us can be, shopping every two weeks.
This means actually writing a grocery list, checking out sale items and coming up with a meal plan. A meal plan helps you to not waste money on forgotten fridge items. It also helps you save time because you don't have to think about the life long question: 'What shall we eat today'?.
Of course I need to talk this over with the hubs.
Cutting back is something you do together.
So today we did our weekly shopping at our local supermarket. Which is about 5 minutes by bike and sells A-brands. It's convenient cause it's so close to our house and they have a huge variety in products. There is another supermarket about, well 10 minutes away by car. It's what they call a supermarket for 'poor' people. Everything is in boxes on pallets and they don't have some of the products I usually buy. But the cashiers are fast as a bullet. And I mean REALLY fast. They scan so quickly that I feel stressed out when I pack my items in my shopping bags. But when I have to pay I usually save E 10,- tot E 20,- euros.
So for next week I'll try to convince my hubby to shop ahead for 2 weeks, or maybe 1,5 week to start. And next week I'll be able to drive the good old Peugeot again so now excuses for the supermarket further away.
What are your tips on saving when it comes to grocery shopping?