Thursday, January 6, 2011

2010 grocery budget in review!

Well I've tallied up the numbers from the last 6 months, and the last year, and here we go!

July-December 2010

Out of Pocket = $1846.52 ($307.75 average per month)
Retail Value = $3347.49 ($557.92 average per month)
Money Saved Using Coupons = $671.94 ($111.99 average per month)
Total Amount Saved = $1500.97 ($250.16 average per month)
Average of 44.8% savings!!

And here it is, the grand totals for my first year as a coupon gal:

2010

OOP = $4,035.04 (Average of $336 a month)
Retail = $7,129.04 (Average of $594 a month)
Coupons = $1,320.64 (Average of $110 a month)
Total Saved in 2010 = $3,094 (Average of $258 a month)

A grand total of 43.3% savings!!

According to a study by the USDA, the average family of 2 in the US on the "thrifty plan" spends $345.60 a month on groceries. So last year we were coming in under that number!! AWESOME!!

I obviously did a way better job in the second half of the year than the first, and was spending on average about $60 less a month on groceries! This year I'm going to try to stick to the goal of $300 a month. It will be tough, but I learned a lot this year and think i can do it!! I'm also going to try and buy more organic and healthy foods!

We cut down on our eating out budget a ton this year, but I want to continue to do so this year!!

How is your budget looking?