Comments on: How to save too much on groceries http://www.penny-saved.com/2007/03/29/how-to-save-too-much-on-groceries/ Personal Finance and Wealth by the Penny Mon, 12 May 2008 12:41:17 +0000 http://wordpress.org/?v=2.5.1 By: thatedeguy http://www.penny-saved.com/2007/03/29/how-to-save-too-much-on-groceries/#comment-433 thatedeguy Thu, 29 Mar 2007 16:24:19 +0000 http://www.penny-saved.com/2007/03/29/how-to-save-too-much-on-groceries/#comment-433 MFK: I agree that it might not be the worst thing to have happened and we certainly won't have to buy either of those things for some time. The part it hurts is that we generally budget a set amount each month for groceries. Say $200. It's that way each month. This month, because of our over saving, we're over budget by about $100. When you're trying to escape living paycheck to paycheck, being over budget by $100 is a pretty big deal. For us at least. MFK: I agree that it might not be the worst thing to have happened and we certainly won’t have to buy either of those things for some time. The part it hurts is that we generally budget a set amount each month for groceries. Say $200. It’s that way each month. This month, because of our over saving, we’re over budget by about $100. When you’re trying to escape living paycheck to paycheck, being over budget by $100 is a pretty big deal. For us at least.

]]> By: MFK http://www.penny-saved.com/2007/03/29/how-to-save-too-much-on-groceries/#comment-434 MFK Thu, 29 Mar 2007 16:13:03 +0000 http://www.penny-saved.com/2007/03/29/how-to-save-too-much-on-groceries/#comment-434 I see two ways where it's bad. First, if you are really on a to-the-penny budget and you will now not be able to afford next week's groceries. That's bad. Second, is if any of the food gets tossed out. Erases the savings right there. But, if you've got a little flexibility in your budget, it's probably not that bad. Think about it, now you won't be buying chicken (or Pasta-roni) for the next several trips, so your bills should be under-budget until you make up the difference. I think it is easy to get carried away but as long as you find that you manage to 'catch up' or 'even things out', I wouldn't be too concerned. I see two ways where it’s bad. First, if you are really on a to-the-penny budget and you will now not be able to afford next week’s groceries. That’s bad. Second, is if any of the food gets tossed out. Erases the savings right there. But, if you’ve got a little flexibility in your budget, it’s probably not that bad. Think about it, now you won’t be buying chicken (or Pasta-roni) for the next several trips, so your bills should be under-budget until you make up the difference.

I think it is easy to get carried away but as long as you find that you manage to ‘catch up’ or ‘even things out’, I wouldn’t be too concerned.

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