Saturday, April 3, 2010

My new budget...April and beyond

I'm going to do things a little different this month, and work off of a monthly grocery budget, instead of weekly. And before I tell you my monthly budget, I just want to warn you that there is a method to my madness....my grocery budget for the month of April is $148.50. Yes, I know. The fact that it's not an even number kinda makes me cringe, too.

This is my math, which may be fuzzy at best. I figure that this past month, I spent an average of $3.23 a day. That makes it about $ .54 cents a person. I am upping my spending to $1.00 a day per person, except for my four year old, who I am counting for $ .50 cents a day. This works out to $5.50 a day. (still with me?) I have already counted these first three days in my March budget, so $5.50 x 27 days left in April = $148.50. *phew* Long winded, but there you have it. $148.50 for six people. This includes all food, toiletries, paper products, etc. There are two adults, a 12 year old girl, a 10 year old boy, a 7 year old boy (who weighs 74 lbs...don't let his age fool you!), and a 4 year old girl.

I am also setting a goal of putting $1500 back into savings. We depleted our emergency fund for the car repair, and it's making me nervous!

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