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Our Story: Both my wife and I are 27 years old and have gone through financial hell and back. Now we are on track to financial freedom, however we are not financial advisors or professionals, just everyday people. Share our journey from a negative networth and email us if you have questions or comments! :)



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Thursday, August 17, 2006

Maximizing our monthly budget: Groceries


I've decided to start to list each of our several monthly catagories and dive into each one to see if we are getting the best in value for our money. The topic today is our groceries. We have gotten alot better over time with our grocery catagory. At one point, we were paying over $100 in groceries. We have learned not to purchase what is on our mind at the time, but only purchase what we are going to eat during the week. We are getting better with stabilizing our weekly groceries to $55-$60 per week. She likes to write down exactly what we are going to buy and ONLY purchase what is on the list. We rarely go out or eat fast food, but that is the restaurant budget which we will save for another day.

With the baby coming, I assume that the baby's food will be approximately $50 more a week. Last week while walking through Walgreens, I saw baby formula behind lock and key for $25-$35. That's expensive. Even though we will be getting coupons from manufacturers for free samples, viewing their websites and looking at other online suggestions, does anyone recommend a particular brand being that it is so expensive?? :)

4 Comments:

Anonymous Anonymous said...

Hi,
Obviously I don't know your particular situation, but what about breastfeeding? It's considered healthier, cheaper, more convenient (according to my breastfeeding friends).

9:16 PM  
Anonymous Anonymous said...

Hey, welcome back! I enjoy your blog...thanks for posting!

11:22 PM  
Blogger Amdollar said...

We are considering breastfeeding, however a few coworkers that recently had children say that it was painful for a few days and then stopped altogether. She will try doing this but if we have to go to a formula we want to be ready.

8:46 AM  
Blogger Woman In Red said...

I have three kids. The youngest is almost 15 months old and still breastfeeding. With a budget as tight as ours, I can't imagine having to factor in the cost of formula. FYI - have your partner consult with a lactation consultant or someone who has had success with breastfeeding if she is at all serious. The hospital should provide this service for you. Too many times I see women just give up because it was painful. YES - it hurts in the beginning, but truly it does get better. And don't switch between formula and breastfeeding unless it is recommended by the pediatrician. For the milk to come in, the baby MUST nurse - the whole supply and demand concept.

With that said, my first two didn't nurse well. After three months of nursing I switched to formula. I found Enfamil to be the best for my kids, but you should consult your pediatrician.

By the way, you can expect your grocery budget to go WAY up!!

I like your blog and will be back to read it. My husband and I (and the three kids) are currently living in a hole and trying our hardest to gain a little financial stability. It's frustrating, to say the least.

Good luck with the baby!

3:54 PM  

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