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Beyond The Paycheck

Episode 37 Budgeting for Groceries

by | Feb 14, 2023 | Podcast | 0 comments

On Tuesday, February 28th, Paula Christine will host a webinar on a topic that’s become increasingly important in recent months – grocery budgets. It will be offered twice, at 11am and 8pm Eastern, and you can link to it here: https://learn.paulachristine.com/budgeting-for-groceries

The first step is figuring out what your food costs look like. Paula found out she’s spending much more than she thought, and she wouldn’t be surprised if it’s the same for you.

Once you figure out what you’re spending, you have to create a budget, and have a plan for what happens if you go over that budget. Does that money come out of next week’s budget? Does it come out of this week’s budget somewhere? Which parts of your budget are static, and which parts are flexible? Paula and Producer Jon walk through some examples.

Another way to save on your food budget is to cut back on going out to eat and on getting takeout. These costs have skyrocketed with inflation, to say nothing about all the extra fees for services like DoorDash, GrubHub, Postmates, and more!

Remember how grandma used to clip coupons? Well, you don’t need scissors anymore. Just look online. Often, grocery stores will have sales, and you can find the best prices on everything from produce to pop. And you can even put your grocery together online for pickup. Not only will this allow you to make sure you’re within your budget, it will also prevent you from walking into the store and making those impulse buys!

What about buying in bulk? Paula and Jon talk about the benefits of big box stores like Costco. You can even buy meat to freeze. And speaking of freezers, how many meals are in yours right now? Knowing this can save money and cut down on food waste.

Meal delivery services – Jon and his wife have tried one. He and Paula explore the pros and cons and when one might be a good decision for you.

This online course and webinar will be really useful in creating a grocery budget. Paula’s got 20 tips. Some may work for you, and some may not. But we’re sure you’ll get something valuable. Again, you can find more information here: https://learn.paulachristine.com/budgeting-for-groceries

Additionally, you can reach out to Paula on her website, PaulaChristine.com, or via email at Paula@PaulaChristine.com.