One of the biggest items in the monthly budget is the cost of food. If you are not the type who usually keeps track of what it is used on food every single month, it might be a good idea to get an overview.
This allows you to either have more money available each month or simply see if there are any things you can do differently to spend their money more optimally.
Review your monthly consumption
A good place to start to see if you can save on your food budget is by reviewing the past three months of spending on food and household products. It is a good idea to do this for a longer period of time than just one month, as there may have been extra expenses in the past month for maybe birthdays or similar.
By comparing over several months, you get an average amount that you can better optimize your food budget from.
Compare the amount with how many people the household has and whether it is too much, appropriate or too little according to what else you could use.
Plan for one week at a time
A good way to start saving more money on the food budget is to plan for longer periods of time. Have a solid day a week where you sit down and make a meal plan for what you want to eat in the coming week. If a week may seem a little incomprehensible, you can also just make for 3-4 days. The most important thing is just to focus on making plans that go beyond day to day.
By shopping from day to day, the cost of food will most often be higher, as one can be tempted by impulse purchases in the supermarket or only one meal at a time, rather than thinking longer term.
After the meal plan is made, try to go to the supermarket and shop it all in one go. That way you avoid extra trips during the week, saving both money and time.
Avoid food waste
Food waste is one of the major problems of Danes’ eating habits. According to the Food Authority, every Dane throws out an average of 42 kg of food a year. These are both foods that get too old, leftovers that are not eaten or leftovers in the packaging.
When you throw out food, you also throw out money. It is food that could actually be used and which you now have to go out and replace with new ones.
Don’t despair though, thankfully there are several things you can do to avoid throwing out both food and money.