Showing posts with label Budgets. Show all posts
Showing posts with label Budgets. Show all posts

Friday, 7 March 2014

Is it worth skimping?

During my family's quest to get more for our money it goes hand in hand that you try to get the same things you always have but for cheaper.
This for everyone is trial and error and before you realise you have trialed a dozen varieties and are still none the wiser and perhaps out of pocket after ditching the cheaper alternative.
A few items come to mind:
Ah black bags! The pain in the proverbial in our household. The cheap and overfilled ones that end up all over the floor caused by the slightest jagged edge. No one wants to pay more than you have to for these but at the same time you don't want to end up on your hands and knees retrieving mouldy bags and banana skins.


Coffee yum yum! A good cup of this can make or break my day. I tend to only buy branded coffee as I just cannot find a good value brand anywhere. If you know where let me know as I have given up looking. I am a definite snob on the coffee front I will not drink it for the sake of it especially if it's bad and will go so far as to snub a local coffee shop if they serve a latte from a machine. I mean how hard is it to froth some milk and add a shot?! A latte in a coffee shop nowadays is a treat so therefore it has to be good.
Clothes and shoes need to be good quality in order to last. I am by no means disputing that you can't get good quality items of clothes for cheap. For items like coats and boots I prefer to pay more. These are items that are likely to be worn for many years and are classic in style to take me from season to season, are functional and built to last such as a brown winter boot, waterproof coat and flip flops. I do skimp on seasonal fashion that updates my wardrobe that will either only be in for one season or what I know will not be my taste as I get older. I do like to peruse the online auction sites such as eBay for these items. More often than not getting good quality used items for a fraction of the price of what it would have been had I bought it on the high street. There is no better feeling than someone saying how much they love your dress and being able to proudly state you got it on ebay or from a charity shop for £5.




Tuesday, 18 February 2014

The Budget - Feeding the Family

Feeding the family on a budget is something I have been trying to do for a while.
It is the probably the main area that most families including myself try to focus on to slim the monthly spend.
Some months it is more some it is less than expected
For our 2 adults and 1 child household this is £325.00 per month for 2014. It would be so easy to just accept that as food prices increase so will my budget. As we know for most of us unfortunately our earnings don't increase in line with that. If only!
At some point a line has to be drawn in the sand and we have to get creative with the figures.
To some people my budget is too much and to others this is not enough. I don't know what it is to us just yet. It is a work in progress.
Tracking the family spend is an eye opener. You soon realise where your unneccesary spending is.

For January our grocery spend to include nappies and toiletries came to £374.81. A whopping £49.81 over budget. In that there was a few convenience food purchases which were unnecessary. I know if I cook all meals from scratch they are going to be tastier and cheaper. A win win situation. I love my food really I do. This girl didn't put on 4 stone during pregnancy eating lettuce!

This got me thinking did I need to buy that 4 bird roast on offer that was reduced and did I need that pizza that looked appetizing.
The answer is no.
But.
I do believe in buying items if the deal is right and you buy them regulary and they aren't perishable. In January this was nappies for Little D. Morrison's were having a baby event where nappies were half price. I bought 2 boxes which are still going strong now.
In my defence though the freezer is full of meat and vegetables so I could take a good chunk of that off my total theoretically but I won't because that is cheating and it has been spent.
So far for February my spend is at £273.56. This leaves me £51.44 to spend until the end of month. From this I have to buy all the food for little D's 2nd birthday party and top up of bread, milk and fresh fruit and veg.
In an ideal world this should be easily achievable, the stores are full and menus are planned but a kids party too this is going to be a challenge.
I have to focus on using up what I have, after all its not there to be looked at. It isn't going to keep me warm at night. Although there is something very comforting about being able to open your fridge and cupboards and see they are full. Reflecting on it though I have lined the supermarkets pockets before I had to when it could have been sat in my bank account keeping the other pennies warm
More effort needed for sure.
I will update at the end of the month as to how I got on.
Going forward I have realised it's all well and good making a list and doing a meal plan but I have to incorporate and use what I have already. I am therefore for March going to take a stock take of what I have in the kitchen. Every morsel of food and condiment will be counted.
From this I will know what I have and don't have. I have never done this before so should be quite the eye opener as I like to think I know exactly what's in my cupboards.
From this I will be able to devise a meal plan utilising what I have and be able to make a more accurate list of what I need. 
Nobody wants to spend more than they have to on anything especially not me. Not the new me!
What are you doing to feed your family on a budget? 
What is your budget?

(Boy do I need to organise those food cupboards - excuse the mess!)