I’ve been trying to get a better handle on my finances and was curious about something. How much of your income do you usually spend on food each month? I know it can vary a lot depending on individual circumstances, but I’m trying to figure out a reasonable percentage to aim for.
For me, eating healthy is a priority, but sometimes it feels like those costs really add up. I’m also interested in hearing about any tips or strategies you use to keep your food expenses in check without compromising on quality. Do you meal plan, shop sales, or maybe grow some of your own food? Any insights or advice you can share would be greatly appreciated!
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People generally aim for around 6-10% of their income on groceries, but it can vary. Eating healthy on a budget is totally possible. Meal planning your grocery list can help you avoid impulse buys and food waste. Shopping sales and buying in bulk (when it makes sense) can save you money too. If you have the space, consider growing some herbs or even vegetables at home. The key is finding a balance that works for you and your wallet.
Before I went to rehab, I was so bad at budgeting for food, I’d spend like 10% of my income on food.
I am now sober, and I have found out that to get the right calories to get me going I would need like 30% on food expenses, and that’s because I live with my small brother who is semi-employed
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When it comes to my finances, I find that approximately 17% of my net income goes towards groceries and dining out. However, I do have the advantage of splitting my mortgage with someone else, which helps alleviate some of the financial burden. Additionally, since I am responsible for buying food for two people, it’s important for me to budget accordingly. If our finances were combined, the percentage would be significantly lower.
Hello there, I believe 10% are middle class.
Personally, I have developed a habit of using what I have. I always check my pantry, fridge, and freezer before shopping. I then incorporate ingredients I already have into my meal plan to avoid buying duplicates.
My secret is choosing cost-effective ingredients which often include affordable proteins like beans, lentils, eggs, and chicken thighs rather than expensive cuts of meat.
For me, It depends on the number of people I am living with.
My husband works abroad while my son is at college in a different state.
When they are around I find myself spending up to 4 times what I spend on the days that I am alone.
In terms of figures I could say around 25% is the annual average