It’s day one of my food expense journal and I’ve already added a restaurant meal to the list. Since moving to South Florida last year, Brian and I have been looking for a good Pho place. A coworker of mine recommended a place in the beach area just north of us. We both had the beef noodle soup and agreed about the excellent quality. The broth was aromatic and quite tasty. The beef was tender and the rice noodles were perfectly cooked. The damage was $10 a person, which I felt was well worth it for a Saturday lunch. I marked it down in my expense journal, along with this morning’s homemade breakfast. Not bad for weekend day so far. Oh, and relaxing on the beach after lunch in December was priceless!
I always wonder how much money I spend on food every week. I really have no idea; not even a ballpark guess. Maybe it’s more that I don’t want to know, because I’m sure it’s more than what the money-saving experts recommend.
For a while I’ve thought about figuring out what I actually spend in a week. You know, collecting restaurant and supermarket receipts, or keeping some kind of food expense journal. But I haven’t done it. It could be laziness, or lack of time, or a whole list of excuses. What I think it is – like I said – I just don’t want to know. I don’t want to know about all the money I threw away, or how much I could have saved instead.
But I’ve finally decided it’s time to face the facts. It’s time to admit (to myself) my poor spending habits and find out exactly how much damage has been done. Only then can I turn a new leaf, and become a savvy food-shopper and diner.
So, if you’d like to follow my experiment, check back for updates as I document one week of food purchases. After I collect the data, I’ll do an expense analysis and ultimately decide: Can I be saving more money on meals? And if so, how?
That very question – how? – will be the inspiration for the rest of this blog. I hope you’ve enjoyed reading my first post, and more importantly, I hope you hold me accountable for my one-week food expense journal (if you don’t, who else will?) For those who follow along, I’ll share my findings, new goals, and money-saving tips! Please feel free to share your own tips or comments!