It’s time for the first full month report for our Food Costs Challenge! June was just about spot on for our target restaurant/fast food spend!
Our goal was $350, and so at $352.40, we were right there! You can also see that our frequency was one of the lowest of the previous year.
So how did it feel? With the exception of being tired a couple nights when we cooked (where we would have previously gone out to eat at a restaurant), it felt pretty okay. We had just a couple of additional conversations where we were deciding when to go out to eat and when to stay home. It didn’t feel hard to me really, probably because…
…we spent significantly more on groceries. We spent $906.48 on groceries, which is so absolutely insane for 3 adults and a child! Our total food costs for the month of June was $1,298.88. So. Much.
I know that we are going to need to address our food costs as a whole. We tent to buy bulk, so I’m hoping that our monthly average goes down over time. We have also had some conversations about making larger quantity, lower cost meals. With an Instant Pot, crockpot, and someone here in the day to start something if we need it, we really shouldn’t have any problems making 2-3 large meals (with 8-10 servings) throughout the week.
I’d love to be between $750-$850 per month for food costs for our family. I think that is a really reasonable goal to aim for. And wow, that’s $500 less than this month. Imagine what we could be doing with the additional $500/month! It’s time to reign it in!
So tell me reader, how was your June? What amazing meal did you eat? What do you think of our June report?
Check out the first post in the food cost challenge.
Well, reader, May is over. Remember how I said that I intended to be authentic in talking about the good and the bad in this blog? I also said I was going to start these reports with a check-in around mid-June, but I decided to go ahead and post for May.
I am pretty horrified, but not surprised, at the amount we spent on food this month. We travelled the most we ever have with (and without) Bo, which was for approximately half the month. And on those trips, we never stayed in a single location for more than 4 nights, so we ate at restaurants (including fast food) a whole lot in May. And we spent the most that we’ve spent on restaurants in the last 12 months.
We went to 29 restaurants/fast food establishments for a grand total of $810.21.
We did not establish our restaurant goal until later in the month, which is to spend no more than $350/month on restaurants. Our previous average over the last 12 months was around $520/month. As you can see, we have a lot of lifestyle decisions to make going forward.
Here are a few things I’ve thought about in regard to this food costs challenge:
What can we do with the difference (~$170) between our typical restaurant spending and our goal? Invest in our retirement? Contribute to Bo’s newly-opened 529? Save for home improvement projects?
Restaurants no longer feel like a novelty to me. But, when I was a kid my family went out to fast food no more than once/week, and if we ate at a restaurant in addition to that, it was very inexpensive. It always felt like a treat because every other meal was eaten at home.
I don’t want Bo to have restaurants as her baseline for nutritional and “ease of access” expectations. Luckily, right now she is so picky that she eats very little food from restaurants. But when she’s older, I want her to expect that we’ll cook and eat at home with healthy ingredients. My intuition tells me that is right for our family… and sometimes you’ve gotta’ listen to your gut (pun intended).
Goodness knows what’s in most restaurant food, but we cook relatively healthy at home. And this year (since January 4, 2019), by tracking our calories on the Lose It app, my husband and I have lost a combined total of 30lbs! I’d love to keep on our healthy trajectory. I’m feeling quite inspired by our garden right now, which will hopefully yield us a ton of veggies by the end of the summer!
So, reader, what would you do with an “extra” $170 per month? Do you budget for your restaurant (or other food) spending? How tight of a grip do you have on your food costs? Have any tips you’d like to share?