How Much Should My Grocery Budget Be?

SAVING MONEY WITH A BUDGET   Last week Mr.CBB asked me, “What do you think is a reasonable weekly grocery budget for 1 person in Canada?” The question got me thinking: You can’t define a single weekly grocery budget that will work for everyone because there are too many variables.   Determining your grocery budget   First and foremost, a budget is determined by income. Some people can afford to spend more on food than others. A Budget is also affected by food prices, which can vary depending upon your location. For example, because the weather is inhospitable to farming and the location remote, food will always cost more in the Yukon than it will in Ontario. Through need or preference, some people will have special dietary needs. If you need to buy special ingredients due to an allergy or illness, or if you choose to eat only organic foods, you can expect to pay a premium for shopping to accommodate those requirements.   How much effort are you willing to put in?   Grocery budgets are also affected by how much time and effort a person is willing to invest in food preparation and meal planning. When I’m not earning a pay-check we spend less money on […]

Freezer Inventory List- Why A List Is A Smart Savings Move

Yes, a freezer inventory list can save you money, and lots of it. If you don’t know what you have inside your deep freezer or if you have products at the bottom that have been there since the dawn of time read on. I hope by the end of reading this blog post you will be printing my free freezer inventory list for your home. It doesn’t matter if you have a mini deep freezer or a full size deep freezer if it’s frozen you need to know what you’ve got. The use of a freezer is a great tool to save money but it can also cost you money if you are having to throw food in the garbage. Are you as good at taking food out of the freezer as you are at putting it in? Do you buy something and later find you have 3 more near the bottom of the freezer? You know you are nodding your head while reading this or at least saying Yep! No we’re not having a “Freezer Wars”  here but we are taking inventory of what we have in stock. When you have leftover food and are looking for ways to keep it until […]

Canadian Stockpiling Tips-Saving Money in the Budget!

STOCKPILE YOUR BUDGET   Every couponer knows that the key to long-term savings is building a successful stockpiling of everyday essentials. Having a variety of items on hand that you paid rock bottom prices for helps eliminate those last-minute, unplanned trips to the grocery store. Stockpiling is not as difficult as it seems and don’t be set-back or intimidated when you see those TV shows on TLC The Learning Channel). We can’t stockpile with coupons to the mass extent they do in the USA but stockpiling in Canada can be done. When you don’t stockpile on everyday products this is where you could end up paying full price. Here are a few tips to help you start, and maintain, a functional stockpile in your own home. More Savings for the Budget Canada- Are you listening?   Plan before you purchase   The first thing you want to do if you are considering stockpiling products is to plan out what you would like to stock, as well as how long you would like it to last.A good stockpile will go a long way if you plan out your shops. For example, if you would like to stockpile laundry detergent enough to […]

Top Ten Ways to Cut your Grocery Budget

Looking back at 2011, the first four months of our grocery budget was completely out of control, but that was our own fault. Although we were getting amazing deals, we never stuck to the budget because we were using coupons more than we needed to. We went from spending over $500 a month on groceries to our 2012 goal of $192.78. One thing we learned it was OK to let coupons expire and that we didn’t need to get everything even if it only required us to pay the tax. You see, over time all those little amounts that seem like nothing at the time, all add up. With only 2 people to feed we believe we can easily meet this goal. The problem comes when there is a really good deal or a 20x Shoppers Optimum points events. We also like to keep our eyes peeled for all those discount pink stickers and reduced to clear shopping carts filled with discontinued products. We scan our favourite spots in certain stores to find shelves that have marked down merchandise and so can you! Over time you get to know where in a store they will put all the marked down items for sale. If you are […]

grocery game monthly challenge

Can we stick to the Grocery Budget? February 2012- Week 1

February is here and it’s time to put together our weekly grocery challenge. What we hope to accomplish is to stick to our budget as best we can. This year we are challenging ourselves to shop only 3 weeks out of the month to save money. Granted there are weeks where we find exceptional deals and buy in bulk but hopefully blogging about it will help keep us under control. We don’t often purchase anything at regular price so you are safe to assume it was on sale or reduced in price. Grocery Budget=$192.78/3= $64.26 a week to spend on groceries! It’s possible we may go over budget with the Shoppers Drug Mart Bonus event and a couple of great shopping deals but let’s see how well we make out. Week of February 1st Grocery List: Shoppers Drugmart Spend $50.00 get 8000 Shoppers Optimum points January 30-February 3, 2012. Multibionita x4 1 FPC Tampax 1 FPC Alberto Neilson Cream x1 Cafe Inspirations x1 Total after coupons and tax= $16.70 plus we made 8510 Optimum Points worth just over $10.00 on regular redemption day. Total after coupons, taxes and points earned $6.70 Used $52.48 in coupons $64.26-$6.70= $57.56 left to spend […]

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