Merry Christmas!
Also: how much do people spend on food/dining? I have no idea how my food/dining spending habits (which I can conveniently see in chart-form on mint.com) compare to others'. Am I spending way too much on food? About right? My dining-out expenses have increased dramatically in the past two to three months, and I need to figure out how I feel about that.
Looks like I'm averaging about $250/mo for 2011.
Comments
If you ever feel guilty about it, just imagine me, drinking champagne and eating oysters and think to yourself, "Well, I'm glad I'm not that asshole." This works for everyone except myself, but I just think of John D. Rockefeller (except he never drank or smoked, so it's not as effective).
Gary and I spend like $800 a month on groceries! GROCERIES, not even restaurants!
I'm doing something wrong!
We just like to eat local organic fancytown stuff...we eat mostly at home
I think groceries are a great thing to spend money on but I think we're doing something wrong, if a family of 2.5 can spend only $480 a month! WTF?
Thus I too was shocked by how low Flossy's number was. Feel great about yourself Flossy!!!!!
But I do think that, while you can save a ton of money cooking your own food from scratch, buying lots of seasonal vegetables and bulk grains and beans, limiting meat consumption, and avoiding highly-processed foods, there's more to life than just saving money on food.
Americans have gotten used to paying a shockingly small amount of their budget on food: We spend, on average, less than 10 percent of their income on food, down from 24 percent in 1947, and less than the citizens of any other nation (source). But people stress about about their grocery budget yet don't blink an eye at what they pay monthly for internet + cell phone + cable + netflix + xbox live + DVR subscription.
Who... me?
And it's not like I'm skimping on food. The Juice & Salad™ Diet ain't cheap!
PRIORITIES! If I had to spend the majority of my income on one thing it would be food, for sure.
Startup idea: app that scans receipts with your phone camera and auto splits based on the SKUs listed and the store name and time on the receipt to match the Mint transaction.
it's true.
you look great.
your hair does look fancy. "I'm gonna ask this fancy fashionable millionaire for a dollar."
Things You Can Always Find Money For
I often feel justified in getting a meal that is a little more expensive than it should be (cocktail, oysters, adding the poached egg, etc.).
As I have limited my wardrobe to one purveyor of fine men's furnishings (and David and Alan Brooks did not set out to make a bargain hunter's dream palace) I have found the increased prices to have skewed by concept of value in clothing. Where I would have said "I'd NEVER pay that much for a jacket!" I know say, "Wow, that is an amazing deal for a jacket!" (I just bought a jacket that I am very excited about.)
- fancy groceries
- restaurant meals
- bottle of fine oatmeal stout of an evening
- dog food
- coffee
for me it is all consumables. when I'm broke I do not purchase clothing or haircuts or massages or anything else but I will always find a way to buy fancy foods!
Rock Band Downloadable Content (NEW SONGS)
& pizza
moisturizer, pizza pie, whiskey, travel
rare for me to spend a lot of money on clothes / haircut.
Puppet Shoes