Monday, December 19, 2011

Money Saving Monday - Grocery Budget


Some of you are wondering how I can have such a small budget of $60 for a family of five and still eat healthy and good food. Here are a few things I do to keep my budget down.

I have a ridiculously low budget for all my toiletries per week. Since I have started learning the basics of extreme couponing, I have found I can budget around $5.00 each week on items such as toilet paper, deodorant, shampoo, toothpaste, toothbrushes, razors, makeup, hairspray, soap ect... This is my budget for all of my toiletries for a family of five. That is $1.00 per person per week.

How is this even possible? I usually buy these items at the drugstores near me CVS or Walgreens. I am always amazed how many items I can get for free or close to free by using the drugstores reward program. Read my Extreme Couponing at the Drugstore post to learn more. Since I get most of my toiletries for free, this really helps stretch my $5.00 budget pretty far. Most toiletry items are used and then thrown away in the trash such as toilet paper and razors. I hate spending my money on things that get thrown away. I might as well just take my money and throw it in the trash too. Boo on that.

Here is how I can get most of these items for FREE or close to free. I LOVE FREE. I scan the ad for the drugstores to see if there are any FREE items for the week. Usually there are one or two items for free each week when combined with their reward program. I will always pick these items up. Especially if it is a food item. If we will not eat, I can always donate it. Then I look to see if there are any items we use. It doesn’t matter if we need it or not right now. If it is something I know I can use and it is at a rock bottom price and I have a coupon for it, I will pick it up. I will then have this item when I need it and I got it at the lowest price possible.

This is different way of thinking and shopping from how I normally used to shop. If I can stock up while the item is at its lowest price, then I will not have to spend more money when I actually need it. I can shop from my stockpile instead of going to the store and paying full price. I always dreaded having to add deodorant and toothpaste to my shopping list for the week. There was my $5 right there. And I only got two items for that $5. I hated knowing this would take money away from my extremely limited grocery budget. Basically this was taking food out of our mouths for things we needed, but could not eat.

We don't need razors every week, so if I get a razor for free I still have five dollars in my budget to spend on other things we may need. This is how I maximize my saving on my very limited budget to buy necessity items for us. I can't stand having to spend money on items I have to throw away. If I can get them for free, it makes me happy! I love free! Then I can spend money on nutritious food for my wonderful family.



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