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The Great Food Fight of 2013

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Last year, Mr. BFS and I caught ourselves spending around $700 a month on just food early in the year, so we instituted our food fight.  We started keeping track of our food spending as it happened so we would stay around $500 a month instead.  It worked great but thanks to a bunch of holiday parties, we made the decision to put the logging to the side for most of November and December.  But we’ve started once again. How We Track We like to keep things simple, so we just have a sheet of notebook paper on the refrigerator where we log every food expense when we get home.  It has two columns, one column for restaurants and fast food and one column for groceries.  We are attempting to keep the total at $500 or less for January 13, 2013 through February 12, 2013.  Our main credit card statements run from the 13th through the 12th, so we just base our main budget month on those dates to make tracking super easy. Our Spending You may be thinking that $500 a month is still a lot of money for food for just two people.  I sort of agree, but here is how I see … Read more

Our Food Fight – Month 2 – Two Week Update

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Mr. BFS and I are trying to cut back our expenses where it won’t hurt much to build up some padding once we close on our new house. That said, we decided to cancel our big summer vacation to Las Vegas AND started attacking our food expenses. Background of Our Challenge We were spending way too much on food.  The $727 bill from March 13 – April 12, 2012 scared us.  So we were aiming for $600 or less total for April 13 – May 12, 2012…which we achieved!  We spent about $558 total.  Yay! That said, for May 13 – June 12, 2012, we are aiming for $550 or less. In order to track our spending without logging into our credit card account every day, we keep a running tally on a sheet of paper stuck to our refrigerator.  Between the two of us (and by double checking ourselves by logging in to our credit cards), we write down every food expense diligently throughout the month.  It’s not the prettiest method ever, but it works great to keep our eyes on the prize. Let’s see how we are doing for the first 2 weeks of our second month of the challenge… Food Expenditures … Read more

Saving Our Health and Money

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The following is a guest post from an awesome BFS reader, Kim.  She’s been reading for a while and is trying out her hand at blogging for the day.  🙂 My name is Kim. I have been married almost 10 years, and we have a five year old daughter. My husband and I have a good income, but have racked up way too much debt over the years. In our journey to pay off about $30,000 in consumer debt, we have cut almost every expense imaginable, but really did not get serious with the groceries until about a year ago. You see, we never really put much thought into meals. We both work, so who has time to cook? Grocery planning?  That’s something my mom did. Coupons? They make good fire starters. Saving Our Health Our big push came when the husband got a borderline high cholesterol reading at a health fair. We started really looking at where we were and where we wanted to be down the road. It was time for some change. Healthy diets suggest you limit processed food and eat a variety of colors (fruity pebbles don’t count). A bit of history…My husband is the pickiest … Read more

Our Food Fight – Two Week Update

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I was going to name this new series, Making Food Expenses Our B!tch, but Mr. BFS came up with a more family-friendly title.  😉  Anyway, as I was talking about a couple of weeks ago, we are trying to cut back our expenses where it wouldn’t hurt much.  Here’s our 2 week update on cutting our food expenses. Food Expenditures Last Month The first thing to pop into our heads was the fact that we spend semi-crazy amounts on food.  Last month we spent $727 on eating out and groceries combined.  Almost $525 of that was eating out.  That’s sucky.  I know.  We are two adults without any kids…we have been splurging too much.  We also covered a few meals for family after help renovating, but we spent a bunch anyway, so no excuses here. Since I highly believe in baby steps when making big changes, we’ve set this month’s target – $600 total.  We are hoping to spend $300 or less on groceries and $300 or less on eating out. Our Plan Mr. BFS and I agreed we need a plan to stay on top of our spending.  The envelope system works great for anyone who just uses cash, … Read more