Add Extra 20 To Your Food Budget
“What?! But I’m broke and can barely afford groceries now!”
Yes, add an extra $20 to your Food Budget. Let me explain. If you are just getting started on this journey of learning and changing your shopping habits—even if you start out by adding only an extra $10 to your food budget—it will help.
This extra $20 to your food budget is money with a specific purpose. Keep it and use it just for the purpose that I’ll explain in more detail.
If you have previously determined in Basic Budgeting that based on your income you have (for example) $300 a month for groceries—then use that $300 to buy most of your normal groceries.
Specific Purpose: Build Your “Staples” Stock
But, if your “Staples” stock cupboard is low on items such as flour, sugar, salt, pepper, spices, etc. then this is what this extra $20 to your food budget is going to help fix.
Get in the habit of always having this extra $20 a month set aside.
Slow and Steady
Over the next 6 months or so, you and that extra $20 added to your food budget are on a mission. To fill your stock cupboard!
Don’t try to fill it full in the first month—remember the tortoise and the hare? Slow and steady wins the race—not just for today but for tomorrow too.
This is a tool that will EMPOWER you towards a HOPE and a FUTURE.
Start with the ingredients you are most likely going to use the most—for instance:
- chili powder
Become a Shopping Sleuth
Now the real detective work begins—remember you only have $20—so you want to find out how to stretch it the furthest and purchase the most items you can.
You are going to look for the best:
Compare prices at all the local grocery stores you shop at. Don’t forget the Dollar Stores and Bulk Food stores too for comparison.
Spread that $20 as far as it will go. When you’ve spent that $20 for this month on stocking your “staples”–then STOP !!
For example, don’t go somewhere and all of a sudden get caught up in an impulse buying of 30 different spices—many you might never have even heard of—let alone know what and how to cook with them. Just because something is on sale or you might use them someday, doesn’t make it a bargain if you’ve suddenly caught yourself spending $100 or more on impulse buying items such as these.
Keep it simple, Sam!
Only buy the basics like salt, pepper, sugar, chili powder, and cinnamon at first. Things you will use!
Just like in Month 1, look at the basics you need to stock in your cupboard. Maybe in Month 2, you want to grab a few jars of instant coffee that are on sale, or ketchup, or maybe the supply of toilet paper or toothpaste is too low. Focus on slowly increasing these stock items while keeping in mind that if items such as sugar need to be restocked—to do that too!
Later, after, you’ve been able to stock your cupboard with extra coffee, toilet paper, and other basics and you still want to buy something different to try, that might be what you might consider a more luxury item, or a new item to see if you and your family might like it—eg. Eggplant, mangoes, etc—then do that!
Continue to add that extra $20 to your food budget.
Now that you are in the habit of setting aside that extra $20 a month to enrich your family budget—keep doing it!
Because you are already setting it aside—when some of those items you first bought run out; such as sugar, flours, salt, and cinnamon—it won’t be a burden on your food budget when you have to buy them again. You are already setting aside that extra $20 for your food budget—just for that specific purpose.
See, this is a tool that is going to EMPOWER you towards a HOPE and a FUTURE. So starting this month—add an extra $20 to your food budget.