So, I started formally tracking my expenses Jan 2018. I did it for a year, and it was enlightening to notice the trends. For the most part I update my spreadsheet every three months and have been posting the results. My blog also includes my projected budget for the year which serves as a guidepost primarily. You don’t want your money just blowing in the wind with no purpose, do ya?
What I have noticed with some other personal finance bloggers who do publish their budgets, income/expenses, savings, etc (collectively “Their Numbers”) is that some publish their alcohol spending. Conceivably that has been identified by many as a line item that needs to be monitored and reduced. Some also do fast food, coffee runs, subscriptions etc… general non-essential things that exist in their lives as essential.
I don’t drink alcohol or even coffee for that matter, and I already separate my Eating Out from Groceries. I have always been aware that I have a sickening sweet tooth. I can’t pass up a cookie or fresh baked good. The smell, the smell… it works on me every time. Given that diabetes is prevalent in these Southern States, I know I probably need to start watching my intake of sugary delights.
So, I thought wouldn’t it be fun to track how much I actually spend on sweets in a month. I know the actual dollar amount probably won’t be that high as my monthly grocery budget stays under or around $200/mon. But proportionally, I’m curious how much of that is a) not nutritious b) covered in sugar.
Let the record reflect the following:
|4/3/2019||Fruit Punch (12pk)||$2.19|
|4/27/2019||Reese PB Cookie Dough||$2.89|
|4/27/2019||Pillsbury Brownie Cookie||$2.89|
|4/27/2019||French Toast Sticks||$1.25|
|4/27/2019||Cinnamon French Toast Sticks||$1.25|
So twenty bucks in sweets doesn’t seem like a lot on the surface, but given that I spent only around $100 in groceries this month, it’s kind of a lot! If you can’t guess, I really enjoy cookies. They’re so simple and so good. And now I’ve gone from making them from scratch, to using the cookie mix, to now just ready-to-bake!
In summary, 19% of my food spending is pure sugar!
Yikes. Definitely some room for improvement there.
What about you, what tiny thing do you keep buying, that you could do well not to?