Your Food Spending Happy Hour Style

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martinis and your money

Your Food Spending – Happy Hour Style

It’s the last Friday of the month so that means it’s happy hour on my podcast. This month we are talking about our food spending. As a personal finance blogger, food spending is a big hot button issue and rightfully so because after your home expenses, your second largest monthly expense is typically food. People ask me all the time where they can make the biggest change in their spending, and I always share that I see the biggest results from clients who change their food spending ways. So we each share what we spend on food and ways that we help control our food spending.

What Are We Drinking:

A few weeks ago, Mrs. Frugalwoods shared that she is expecting a baby, which is why she has been drinking seltzer water the last few months during happy hour. In a show of solidarity, we all drank water with Mrs. Frugalwoods, but plan to go back to our normal drinking next month. ๐Ÿ™‚

Melanie from Dear Debt – Portland’s Finest

Tonya from Budget and the Beach – Brita water

Mrs. Frugalwoods from Frugalwoods – Homemade Seltzer

Shannon – New York’s Finest

Podcast Notes:
  • Each of us reveals our monthly food budget as well as the number of people in our home
  • Since Tonya had the highest monthly budget with the lowest number of people, she defended her spending, even though we told her it was a judgment free zone
  • Mrs. Frugalwoods shares how their family budget and her eating has changed since getting pregnant with Babywoods (with a minor cameo from Mr. Frugalwoods sharing the details)
  • We talk about what inexpensive meals we like to make at home
  • Melanie loves to mix chickpeas, avocado and lime for a cheap, easy salad
  • We all disclose our past behaviors and how we have made improvements in our eating and spending habits
  • Melanie likes the blog site Oh She Glows for vegan recipes
  • We all share our best tips for saving money on food
  • We each share our most expensive dinner and whether or not it was worth the cost
What is your monthly food budget? Did it used to be higher? What is your food budget weakness?
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Shannon is a financial planner who left a โ€œtraditionalโ€ financial services firm to start her own company, The Financial Gym, because she felt traditional financial services firms did not have the tools or resources to help people in their 20s and 30s who are starting out and trying to build assets while also managing debt. She realized that the key to long-term personal financial success is a commitment to financial fitness and making smart financial choices. Through her blog, Financially Blonde, her book, Train Your Way To Financial Fitness, her podcast, Martinis and Your Money and The Financial Gym, Shannon is committed to making financial fitness fun, easy and accessible for everyone.

7 COMMENTS

  1. I love your sixth happy hour! Meal planning is very helpful and I and my wife take time to plan every meal so that we could get alternatives and do necessary changes to meet our budget for food. Congrats to Frugalwoods! Looking forward to hearing Babywoods in the happy hour. That would be really fantastic!

  2. Our grocery budget is a wishful $650 (3 kids) plus another $100 on top of that for dates, fast food, etc. I am usually a little more lenient with this budget category than the others. I derive a lot of satisfaction from good food ๐Ÿ™‚

  3. Great podcast it sounds like you all really have fun. Lots of laughter!

    We do pretty well I think normally spent $500 for 5 people out here in California ๐Ÿ˜‰

    We do eat lots of grains but also lots of vegetables and fruits too. My goal lately is trying to reduce food waste.

    I think something you guys alluded too but maybe should be said aloud it that it does make a difference where you shop. We have a super market where we get all our fruits and vegetables and I know it saves us.

    ๐Ÿ™‚ I really need to finish up my food post this was great inspiration to get it done

  4. oh my goodness, our family spends so much money on food! We’re in BC, Canada and I’m pretty sure food costs quite a bit more here than the states, but I’m not 100% on that.

    I just did my 2015 spending in review, we spent on average $668/month for two people (I was pregnant during that time, so hungry lol) but we also spent an additional $598/month on average on eating out. Our grocery budget does include everything we buy at the grocery store, so cleaners, dog food etc.

    I do agree with you though, we could have such a big impact on our budget if we got this down some.

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