A little while ago, after sharing how my family and I saved $30,000 in a year to go towards our renovation, I had hundreds of questions about how we budget on our weekly shop to save some extra money.
I was shocked to hear some families are spending upward of $350 a week on groceries. Some even over $500 – WHAT!!! Imagine if you could halve that just how much you could be saving – that’s almost $10,000 you’ve just saved in a year. Even bringing your weekly cost down from $250 to $200 would save you around $2,500 in a year, and that’s your trip to Bali right there.
Starting with a figure in your mind of what you want to keep your shop to will help. We budget $160 to S180 a week, but a lot of the time it comes in less if we’re not out of big household items. While we absolutely could bring our cost down even further, I think we’ve found a good balance between enjoying the food we want and being frugal.
Our list includes all your household, toiletries, cleaning and baby items, not just the weekly food shop. We have two young children, both in nappies or pull-ups (no formula) and furry babies to feed.
Here are my top tips for cutting down your weekly costs: