Saturday, March 6, 2010

February Monthly Budget Review

A lot of people wonder if couponing is worth the effort. For me it is. Before I started couponing, our grocery bill was over $500 a month (for a family of 8). After couponing for a year, I have brought that amount down to about $350 a month.  Even though the amount I am spending each month has gone down, I am getting a lot more food than I was before.  This has allowed me to a nice food storage using a fraction of what I was spending before.

Now that $350 is just our food budget. All of our other household items (toilet paper, cleaning products, garbage bags, etc.) would cost us another $200 a month on top of our grocery bill. Our household budget is now cut in half at just $100 a month.

Total spent on coupons $16.00 (8 Sunday papers delivered each week from the Idaho Statesman $.50 each)
Total value of coupons used $109.35 (only includes newspaper coupons, does not include Internet Printable coupons that I don't pay for)

Rebates- received $23.49 in rebates sent in December and January see Hasbro Rebate here and Olay Rebate here, and sent in $15 this month for another Olay rebate.

Groceries
Budgeted- $350
Actual- $356
Household
Budgeted $100
Actual $100
Total
Budgeted $450
Actual $456

Where the money was spent:
Albertsons $180
Winco $160
Walmart $59
Fred Meyer $30
Walgreens $15
Eddy's Bakery $10

To see previous monthly expenses go here.

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