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Interesting tidbits!!

May 26th, 2008 at 05:37 pm

I subscribe to Debt proof Living. It used to be called Cheapskate monthly.
This month's addition mentions that dog owners spend around $2000 per years on pet related purchases.
It also says that a typical american family of four with a moderate food budget spends an average of $904 a month on groceries!
Now, I know I eat out a lot, but i spend about $40 a week for the two of us. We spend about $100 a week eating out. That really seems like a lot of money, $904 a month. What do you think??

9 Responses to “Interesting tidbits!!”

  1. luxlivingfrugalis Says:
    1211824049

    904??? GAAAAAAAAAAAAAAAA!!! Way too much money for food!!

  2. managinglife Says:
    1211824552

    To us pf bloggers that is an enormous food expense. I happen to have a conversation at work about my $50 -$100 weekly food budget. A couple of my co-workers said I must be starving my DH and 2 DSs. They said their budgets were about $250 - 350 a week and there is no way to reduce grocery costs. I tried to explain about coupons, weekly circulars and menu planning but was given you must be poor look. Most of them are not contributing or a minimum amount to their 401Ks or have a Roth account. They do live the fabulous beyond their means life. I just smile and now keep my mouth shut about saving money at work.

  3. monkeymama Says:
    1211826920

    WOW. I see those figures everywhere ($900 range) but I still can't comprehend!

  4. 76Chick Says:
    1211827613

    Wow. Not even close for us. 300-400 max for my family of five (husband and kids) - and that includes the dogs!! lol...

  5. ZenQueen50 Says:
    1211829993

    I subscribe to Debt-Proof Living as well; I really enjoy Mary Hunt's website. Another great one is Budget Stretcher with "Grandpa" Terry Rigg. Thanks to them, here, Your Money on the MSN message boards, I've come a long way in how I handle my personal finances. There is still room for improvement, too.

    As for a $900 food budget?.....don't think so. Not even for one month, let alone two. Try three months. That kind of cost has to stem from entertaining guests, buying a lot of frozen prepared meals, prepared anything, for that matter......I much prefer cooking from scratch, buying a little produce a couple of times a week, some fresh bread and milk. Once a month it's pet food....

  6. snoopycool Says:
    1211833278

    I wish I could spend that much (I'd stock up!) We spend around half that for a family of six, and could cut that down, I'm sure (it includes formula).

  7. Analise Says:
    1211838070

    Yikes! If $904 is moderate, how much is spent on the high end? This seems like way too much. However, I spend about $500 for two, but this includes more than just our food: vitamins, cleaning and laundry supplies, cat food & litter, paper products, DH's Glucerna bars, etc. I plan to reduce this amount once I am retired and actually have more time to plan meals, shop wisely, use coupons, and cook more from scratch.

  8. koppur Says:
    1211895507

    I remember when I was a kid, my Mom would spend about $500-600 a month for the 4 of us (mom, dad, me and 1 sis)...I still can't even comprehend that! Our budget is $350 a month for the 2 of us, but that includes things for the cats (food, litter, etc) and household items (t.p., household items, etc) and we usually have extra that we use to eat out.

  9. Aleta Says:
    1211909600

    Way too much money for food. We allocate $60 a week for food and $72 a month for pet food, household supplies, toiletries, and beverages. We usually don't spend the whole $60.

    My eyes actually got fixated when I looked at the $2,000. a year for pet related expenses. That's $166 a month. For the people wanting security, it might be way less to have a security alarm system. Best part, it doesn't eat. We had a samoyed and never paid that much. I wonder where they are getting those figures from. Apart from an aging dog or one that is sick, I can't see how you would pay that much.

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