Living On $300 Per Month

Do you think this is a joke spending money onlyahead of time. You only need to do this once as
$300 a month for the whole family? With thismany of the items (Cereal, meat etc.) will need to
tight budget, what sort of food would make thebe repurchased each time. Other items (sugar,
list?flour etc.) may be substituted every other month.
Could you save $25 a month on groceries? HowIn this example you have $200 left.
about $50 or $100? Possibly you could cut your bill5. Have a schedule of meals that you can rotate.
by almost 50% if you consider some of theCheap, healthy meals like stir fry can be
following suggestions:inexpensive as they use less meat than full pieces
1. Divide the budget you have into threeof chicken or beef for dinner. Plan to have a meat
categories; weekly, bi-weekly and monthly. Oncemeal offset by a simpler dish like pasta every
you have the totals fixed, try to find a way toother night. This way your family will not go
make it work. If you budgeted too tight, onlythrough 'feast-and-famine' when they eat like
then consider how much more you really need tokings the first week and are eating canned chili
spend.every night for the last week.
2. Identify your WEEKLY needs; milk, bread, fruits.Always determine your meals based on what you
These will be your saving graces when the troopsreally plan to cook. If you have easy weeknight
are hungry. You can load up every week andstaples, try to find the cheapest method of
always have a healthy snack available. Think aboutpreparing them, or make do with less pre-
$15/week.packaged affair on other nights when you have
3. Identify your BI-WEEKLY needs; eggs, cheese,more time. Using items like frozen vegetables can
vegetables, meat and cheese for sandwiches etc.make eating cheap also healthy and convenient.
These items have a slightly longer shelf life butClearly the $300 suggestion will depend on your
you will watch how much you use when youfamily, the age of your children and how much
know there's still four days until your nextyour budget really allows. Whatever your budget,
purchase. Try $20 every two weeks.taking the time to draw up a plan and think about
4. Get the remainder of your groceries in oneyour choices will guarantee that you keep more
place. Use cash to pay (to avoid temptation ofcash in your wallet for other important things.
over spending) and work out your shopping list