Im putting myself on a strict spending diet in May. For the last two months, Ive been scrutinizing exactly where I shell out my precious dollars. At times, its made me more than a little neurotic about my moolah, but its no doubt been the best lesson. Just like with dieting, I have to assess what Im eating if Im going to actually change my food habits. Speaking of food
turns out, thats exactly where most of my money has been going.
Last night, I took a long hard look at my bank statement to see what I spent last week and since I debit almost all of purchases this is a fairly accurate snapshot of my spending. The outcome: A whopping $136.32 went towards foodthis includes: groceries, dinner out with friends, pizza delivery and getting breakfast and lunch at the cafeteria at my job. To some that might not seem like an absurd amount but as an editorial assistant trying to make it in one of the most expensive cities in the world, Im always looking for ways to save here, so I can spend there. At this pace, Ill be spending roughly $600/month on food alone. This kills meespecially since I could easily save a bundle on lots of these food-related expenses. Example: Did I really need to order that $15 Papa Johns cheese pizza if I had perfectly good food in my fridge? Do I have to eat breakfast and lunch at work everyday? (For the record, Hearsts cafeteria is ridiculously good. But its not free.) If I add an extra 30 minutes to my morning routine, I could eat breakfast and pack a lunch at home. Given my current cash flow, this is the most reasonable option. And honestly, if Im going to spend, Id rather put more towards shopping for new spring duds and less on dining out during the weekday. It sounds simple, but lets see how I do next week.
Im curious, what do you spent the most money on during the week? Whats your money goal for May?