You can download the grocery template I use here. I recommend using some kind of grocery budget template. The next step is to start tracking it in one place. The path you choose is up to you, but the goal is to save money. Or, you may be someone who sees that you are spending $700 a month on food and groceries and want to challenge yourself to slowly cut back so that you can get that to $550 a month. You may be someone who looks at your monthly income and wants to allocate a particular amount each month for groceries and then challenge yourself to stay within the budget.įor example, you might put $500 aside for the month and see how far you can stretch that money to make it to the end of the month. Everyone's situation is different, so only you can answer those questions for yourself. There isn't a hard and fast rule for your budget. Look at how much you've spent on food and groceries for the monthĭoes the number seem way out of budget for you?Īre you spending too much on fast food or convenience items? If so, take out a sheet of paper and write that down so you can reference it. If you are like me and purchase a lot of the same foods you may already have an idea of how much the cost of your weekly/monthly items are right now. If you don't have access to all the data, don't worry, you can start the next time you go grocery shopping. I like to create two separate categories for my budget: one for grocery shopping expenses and one for fast food and convenience itemĪfter you have gathered all the information you need, add it up to get a total for each month. Some months we spend more than others and that will be helpful for you to see when you are creating a budget. I would try to go back several months so you can start to see patterns in your food spending. If possible, try to gather as much data for yourself as you can. This means getting out your receipts, credit card statements, app order confirmations, or bank statements to start adding up how much you've spent on groceries and food over the past month. To get started, you need to look at your past food costs. I have broken it down into a few simple steps that you can follow. It's okay! It takes some time to get used to it and there is a lot of trial and error throughout the process. It can be daunting when you are first starting out with a food budget. Your goal is to create a grocery budget that feels good with your lifestyle and the foods you enjoy eating.
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