🇰🇼GROCERY SHOPPING|HOW MUCH SHOULD U BE SPENDING PER MONTH | COST OF LIVING IN KUWAIT|BESTIE BUDDY

Average Cost of Groceries Per Month: How Much Should You Be Spending?

(Average Cost,
Income and Groceries,
How Much Should You Spend,
Grocery Budgeting,
How To Stretch Your Grocery Budget )

Spending money on food is non-negotiable; we have to eat. And you’ve likely gotten more used to buying groceries and eating at home since the pandemic struck.

However, if you don’t budget for groceries and instead just buy what you need — and want — at intervals throughout the month, you could be overspending.

How much you make will also determine how much you spend each month on groceries.

Unsurprisingly, a higher income rolls out a smorgasbord of options. For example, people with higher income can afford to pay more for organic produce, prepared foods and gourmet items.

Low income, however, not only comes with a need to make every penny count to stretch the food budget, but it can also influence overall choices. According to study about food shopping, lower-income households purchase fewer fruits and vegetables than those households with a higher income!

Work Out a Budget for Groceries

Not having a budget for groceries is dangerous and leaves you open to temptation when you visit or order from the grocery store. Without knowing how much you should be spending each month, you run the risk of overspending, spending too much on the wrong items and even wasting foods due to throwing out perishable items, such as meat, dairy, baked goods and produce that you buy and don’t use.

To create a budget for your groceries, subtract 50% from your net income and then subtract needs, other than groceries, from that number to see what you have left to spend on groceries. If it’s not enough, adjust your spending in the wants category to compensate.

Planning a careful grocery shopping strategy can save you more money on your annual grocery tab. And if you choose carefully, you can make easy, budget-friendly dinners that will last you all week.

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