We have cut back from once a week, then every other week to one major shopping to 4-6 wks and only getting a gallon of milk or milk and a loaf of bread between. We spent about $325 a month.
Yesterday as we stopped and I ordered the prime rib for Christmas eve, I brought up reducing the grocery list and using what we don't spend on paying off the house.
Then we talked about limiting the grocery list. I had used Kroger's app to finger out what he thought we could buy for $100 a MONTH.... I figured it to be $50 a month using the list I had on me.
I brought up the book I had reread, Prepper's pantry and that we had in the pantry everything to stay healthy evenif we wasn't taking a vitamin pill so that took that worry off. No sense doing something that is going to make your health worse.
He came back with let's just buy milk (I can make yogurt and ice cream).
I added heavy cream and or half and half once a month or every other month for whip topping and custards.
Then he suggested we split the savings between stocking back up and the mortgage. Suggested we start Jan 1st. and go to Lent.
I said NO, now. I already paid for the prime rib and that's the only thing that would not be regular groceries. We would do the next 14 wks (around Lent) and see how that goes.
Going to be an interesting year.
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I think your way makes sense.
ReplyDeleteOne potential compromise would be to keep one month's worth of extra in savings. If you happen to run low on any emergencies you haven't thought of, you could deploy that money to buying them. Otherwise, all other money could go to the mortgage. That way, you are prepared if you need to replenish your supplies, but are also actively working on your mortgage pay down goals, which are great! - Hawaii Planner
ReplyDeleteWe have 3 months emergency funds invested.
DeleteI am always so impressed and motivated by your careful planning.
ReplyDelete