Ideally, use your grocery spending tracker for three months and shop as you normally do.Īt the end of the three months tally up how much money you’ve spent and then divide it by 3 to get the average amount spent. When it comes to grocery tracking this number is your personal number because it’s how you shop. How To Calculate The Average Cost Of Groceries Our average food costs per month range between $525 to $600 depending on whether we go to Costco or not. However, as a consumer, you have the power to control what you put into your grocery cart along with other savings perks. The cost of groceries never decreases since manufacturers have to deal with the same form of inflation as everyone else.Īs lifestyles change and kids come into the picture many families will see an increase in their food expenses.Īlthough, if you’re smart with your grocery shopping habits you can continue to save while you shop. On the excel screenshot above I’ve inserted two grocery receipts along with the number of coupons used.įollowing that process over to the far right you can see the total grocery expenses already used for the month of September.įor those of you who aren’t computer savvy and would rather use a pencil process, the Grocery Expense Tracker is a well-rounded addition to your budget binder. ex: Feeling anxious, bought in-store manager deal.Īlso, our free budget excel spreadsheet allows the user to input the receipt as it comes in the house and will keep a running tally for you. What you are buying and any notes about the grocery shop that you feel relevant.Tally of your receipts to track grocery expenses.Tracking each receipt as they come into the house.If we take a look at the pros of using a grocery expense tracker you’ll see why it’s a smart choice for the frugal-minded person. However, for a numbers nerd like myself, I don’t mind doing that at all. The only con to using a grocery spending tracker is that you have to manually add up the numbers. Related: 5 Pointers To Find The Best Price On Food Grocery Spending Tracker Pros I’ve been wanting to create a simple grocery expenses tracker as offers the user quick data about grocery shopping. Not using a grocery expense tracker (BINGO).Doubling up to avoid line-ups at the grocery store.Limited amount of loss leader sales per customer.Not entirely confident with online grocery shopping and getting the best deals.Anxiety and focused on what not to do instead of what I need to do.Feeling rushed at the grocery store or a desire to get in and get out.Since Covid-19 we’ve noticed a slight incline in our monthly grocery expenses and for a variety of reasons. Juggling work, family, and balancing a budget including grocery expenses per month can add to the stress of overspending. Planning consists of anything from meal planning, food stock inventories, and shopping for the best grocery deals. Grocery Expenses On The Increaseįeeding a family on a budget does come with challenges but nothing that can’t be overcome without planning. The downside to this type of mind budgeting is that you can easily overspend and missed opportunities. This is a great question since some shoppers find it easy to shop without a list then guesstimate overall food costs. What do you use and suggest for someone like me who is missing the mark when it comes to staying under budget? I’m consistently spending more money on our monthly groceries and use a budget but I’m still messing things up. Most importantly, my grocery expense template offers accountability to your food budget. Related: Save more using a rewards and membership tracker (Free Budget Binder Printable) I believe this is why couponing and price-matching are still very much alive as is why consumers are using cashback apps and rewards points. Some of the cheapest grocery stores in Canada are inching their way up to some of the most expensive price points in years. Grocery expenses in Canada have long since been the topic of everyone’s monthly budget and more so since Covid-19. Using a grocery spending tracker became a reality this month as I’ve finally created a free budget binder printable for you.
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