Saturday, March 26, 2011

How much does the USDA think you should be spending on groceries? Find out!

Our family's monthly food budget is around $300 per month, that is for 2 adults and 3 kids - 12, 9 and 3. I knew that I was pretty "thrifty" when it came to spending on groceries but I had no clue how off it would be from what the United States Department of Agriculture (USDA) calculates that our family should be spending on food, on a monthly basis. They calculate it at four different rates -
  • Thrifty plan
  • Low-cost plan
  • Moderate-cost plan
  • Liberal plan
On their "Thrifty Plan" (their lowest plan) our family should be spending $694.20 per month. On their "Liberal Plan" (their highest priced plan) our family should be $1362.80, (for Jan. 2011).
How much does your family spend per month on food? Have you started to coupon?
Tomorrow I will be starting a series on how to start couponing and saving your family money. With that being said, don't forget to grab your Sunday paper tomorrow and save those coupons and adds! I hope by the end of this series you can cut your monthly food budget in half.
If you know someone who could be saving money on their food, don't forget to let them know about Living Paycheck 2 Paycheck. You can also check out our page on Facebook - Living Paycheck to Paycheck

2 comments:

  1. Ok I am reading.. Where is a good place to get my binder?

    ReplyDelete
  2. Thanks for the USDA link. I too am way under their thrifty plan as an individual female over 50. I am spending less than $100 a month on food, and that includes stockpiling.

    ReplyDelete