Monday, December 1, 2014

Monday Musings: Week 48 and November Spending Report



Week 48 Spending (Nov. 24-30, 2014)
Groceries  
$53
Entertainment
$22
Gifts
$26
Toiletries
$61
Benevolence
$29
Miscellaneous
$5
Total  
$196


October Spending Report
Category
Spent
Budgeted 
Savings
Groceries
$629
$700
$71
Miscellaneous
-$8
$120        
$128
School
$26
$50
$24
Entertainment
$56
$75
$19
Toiletries
$86
$100
$14
Piano Lessons
$30
$30
$0
Clothing
$0
$60
$60
Gifts
$56
$75
$19
Hair Care
$0
$30
$30
Benevolence
$29
$35
$6
Discretionary Cash
$25
$25
$0
Total  
$929
$1300
$371

Except for the past two months, the majority of my savings were from the food category. That makes sense, because over ½ of my budget is devoted to feeding this hungry crowd. As October and November approached, I found some serious space in my pantry. That made me a little bit nervous. We live 25 miles away from the closest large grocery store, and the cost of eating out is prohibitive for our group, so I need to keep food on hand. I also pride myself on my ability to feed my family well on a pretty tight food budget. To do this, I have to be able to take advantage of bargains when I see them, For example, around Super Bowl time, Kroger usually has a great sale on Rotel tomatoes. We use at least 1 of these cans of deliciousness each week, plus a few more. The regular price is around $1.29. When Kroger has a sale for $0.50 a can, I can buy 64 cans for $32. That’s a savings of more than $50 off the regular price of $82.56. Now that’s significant. I stopped by Wal*Mart on Sunday afternoon. I just happened to glance over at the fresh turkeys. Imagine my surprise delight when I saw fresh turkey breasts with a use by or freeze date of December 5th marked down from $2.28 to $0.50 cents a pound. You can bet 5 of those little beauties jumped into my basket. I’ll cook one this week and the other four are already in the freezer – 32 pounds of prime turkey meat for just $16. Whoop!

I need to learn to balance stocking up on  great deals with economizing and using the things I have on hand. In the meantime, I have four weeks left in the spending challenge, and I’m hoping to finish strong.

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