Budget Challenge 2012 {Week 5}

How are you doing with your Grocery Budget?

Did you know we have a weekly challenge going?  Lucky for you, it’s not too late to join!  Here are the details about our 2012 Grocery Budget Challenge.

It is time to share how you did last week… did you stay within budget?

I am excited to see that I stayed under budget this month! Wahoo! Based on my monthly goal of $150 I should be spending $37.50 or less each week in order to make my goal. So I went a little over budget this week getting ready for super bowl and stocking up during Albertsons Round-ups. If I wanted to take the overage I had from last month and apply it to this month I could easily stay on budget this month. I am going to see if I can do it for $150 without applying the overage, but if I can not it will be nice to have that little buffer.

Here is how the fabs are doing on their budget…

Monica: Feeding a family of 4

Monthly grocery budget: $150

Spending this week: $50.90
Savings this week: $40.50

January Spending: $121.51/January Savings: $236.31
February Spending: $50.90
February Savings:  $40.50

Year to date spending:  $172.91
Year to date savings: $276.81

Cathy: Feeding a family of 9

Monthly grocery budget: $600

Spending this week: $159.44
Savings this week: $25.11

January Spending: $382.37/ January Savings: $116.47
February Spending:  $159.44
February Savings: $25.11

Year to date spending: $541.81
Year to date savings: $141.58

Mavis: Feeding a family of 4

Monthly grocery budget: $100

Spending this week: $33.78
Savings this week: $65.49

January Spending: $133.10/ January Savings: $625.32
February Spending: $33.78
February Savings: $65.49

Year to date spending:  $166.88
Year to date savings: $690.81

Read more about Mavis’ spending in Monday’s with Mavis

Becky: Feeding a family of 3

Monthly grocery budget: $200

Spending this week: $15.34
Savings this week: $12.33

January Spending: $224.07/January Savings: $465.25
February Spending: $15.34
February Savings: $12.33

Year to date spending: $239.41
Year to date savings: $447.58

Amber: Feeding Family of 4

Monthly grocery budget: $250

Spending this week: $19.38
Savings this week: $4.15

January Spending:  $191.37
January Savings: $177.38

February Spending: $19.38
February Savings: $4.15

Year to date spending: $210.75
Year to date savings: $181.53

So are you ready to track your spending and join our challenge?

#1 – Decide on your monthly grocery budget.

#2 – Complete this form with your #’s… remember, this is you competing with YOURSELF, no one else!  Share your email if you want to enter to win our challenge giveaway… your email will be hidden, but all other answers will be public. When entering your numbers use the amount you spent last week. Sunday-Saturday. 

#3- View the results below and see what sort of goals other Fabulessly Frugal readers are setting!

#4 – Come back next week:  we’ll announce a winner from entries on this form AND we’ll give you another chance to submit your spending and saving!

This week the random winner will get a $20 Amazon gift card!

Last weeks winner…

 

Last weeks randomly selected $20.00 Amazon gift card winner is…

Congratulations Leah! Comment on this post to claim your prize. I will send you an email to get your shipping address!

 

Tools to help you:

  • Here is a grocery budget tracking spreadsheet to help you keep track of your spending/saving each week. It’s nothing fancy, but it will help you track your spending so you can quickly enter in your #’s each Monday afternoon.
  • {NEW!}  We also encourage you to download our Fabulessly Frugal Budget Tool to easily set a budget, track your spending and compare your actual spending to the budget you make.

Enter your goal and spending here:

See how other Fab FruGALs or Fruguys are doing here

Comments

  • Kristin

    This has been so good for me! I started couponing a year ago and quite honestly, my grocery budget didn’t change at all! We don’t eat a lot of proccessed foods, so the ones I bought with coupons didn’t really cut our budget much. I set our budget for this challenge for $100 less than our “real” budget and so far I’ve kept under it (I know, only one month so far!). I’m hoping to be able to save up enough money to buy part of a cow this fall. Thanks for the motivation!

  • Sarah

    This is something that we really need to work on. I’ve talked to my husband and we decided that we’re going to set a budget and take out cash before going grocery shopping. That way we can’t go over it *hopefully*.
    I’m looking at everyone’s budgets and I’m amazed! For us it is only the 3 of us, me, my husband and our 1 yr old son, and our budget is $80/week! I need to get that down! Any thoughts on just slashing a grocery budget?

    For savings? How do we count what we saved each week? Just by the amount of coupons we use or do we include the sale prices of things too?

  • Leah

    Oh my goodness! I won!! Thank you so much for this great challenge/giveaway! I have been so motivated to save money this month!

    • Tina B

      Congratulations, Leah! It’s nice to be rewarded for saving, isn’t it? I hope to be the lucky one once this year, too. I’m keeping my fingers crossed!

  • Deb

    We just relocated to the West coast and had a lot of unepected costs associated withe our move. I have couponing for about a year now but got pretty heavy into it when we moved to save money. I want to know how you can feed a family of 4 on 200$ per month.. REALLY can this be done. I probably spend approx 600-800/month. I did save 80$ my last trip with coupons and $50 the time before that but it was mostly stockpile items like crackers and spagetti sauce.
    Any tips are greatly appreciated I would love to cut my budget to 500$ per month if possible..

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