Let’s face it: managing food expenses is no easy feat, especially if you’re juggling everything from monthly groceries to those irresistible street food cravings. Ever wonder where all your money went at the end of the month? Well, we’ve all been there. Sticking to a food budget can seem impossible, especially when there’s a “buy one, get one” sale going on. These ads tempt us to buy things we don’t really need. But what if we told you it’s not as hard as it seems? Yes, planning a budget is super easy and fun! If you’re one of those who’s tired of staring at those triple numbers in your bank account at the end of the month, then follow these simple tips to make a food budget (and thank us later!).
Here are 5 tips for making a food budget you can actually stick to
1. Plan your meals
You know how that last-minute decision to order food from outside seems like a good idea until you realize that it will affect your monthly budget? Well, planning your meals well in advance can help you save yourself a lot of trouble. Sit down every weekend and decide what you are going to cook for the week. This simple habit helps you buy only what you need and eliminates the need to buy unnecessary food items. Also, Indian cuisine itself has several budget-friendly options like dal, sabzi or pulao, which are easier to prepare and also very economical.
2. Set a grocery budget for the week
We've all experienced the shock of looking at the bill after shopping. How did those extra crisps, chocolate or biscuits get on the list? Setting a weekly grocery budget can help. Simply divide your monthly grocery budget into four weeks and stick to it religiously. If you still find it difficult not to buy your favourite products, here's an expert tip: leave your card at home and only carry a specific amount of cash with you. Buying with cash makes you more aware of your spending than digital transactions.
3. Have a list handy
How often do you walk into a grocery store to buy “just a few things” but walk out with a cart full of unnecessary items? We’ve been there. Sticking to a shopping list is your best bet to avoid buying those random items. Before you go shopping, make a list of everything you need based on your upcoming meal plan. Not only does having a list help you spend consciously, it also reduces food waste.
4. Use what you already have
Before you head to the grocery store, make sure you clean out your fridge and cupboards to check what you have. You probably already have enough ingredients for several dishes. Try making a simple dal or curry with whatever you have at home. Make it a weekly habit to clean out your fridge and make a meal out of leftovers. Trust us, you'll be surprised at how easy it is to do without spending any extra money.
5. Buy in bulk, but buy smartly
Buying in bulk can be a good idea to save money or a bad decision, depending on how you go about it. Stick to basic items like rice, atta, dals, and spices as they don't spoil quickly. Make sure you don't buy perishable items in bulk as they can spoil quickly and you'll be required to finish them on time. Buying in bulk can save you money in the long run, but it will cut down on your trips to the grocery store.