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It allows you to track your spending, increase your financial awareness and reach your goals.
Despite how well you budget, rising prices can destroy your plan.
Also read how Cruze promotescutting your expenses in half.
Budget-Buster
Since 2020, inflation rates have risen significantly.
Cars, appliances, gas and clothing have all jumped in price over the time span.
However, one item in particular has really damaged many budgets: food.
Cruze brought up that in a recent article she read.
Food prices have risen almost 26% since 2020.
This means any item that cost $1 in 2020 now costs $1.25.
The reason this price increase in food is a budget-buster is simple: Everyone needs food to live.
Kamel does offer the caveat that this applies to good food.
Cruze revealed that breakfast for dinner is a favorite in her family.
Its like my kids favorite thing, she said, likepancakes and bacon and eggs.
They think its like the best thing ever.
She went on to say that other meals such as Mexican food and spaghetti also make the list.
Publixs BOGOs
Publix is a supermarket brand found throughout the Southeastern U.S. Cruze specifically pointed out that we should take advantage of Publixs weekly buy-one-get-one-free offers or BOGOs.
However, putting its BOGOs to use can help reduce some of your monthly total on food.
Be Intentional While Grocery Shopping
Grocery shopping isnt always cheap.
He recalled asking himself, Am I buying actual meals?
Or am I just buying random things that look good?
Use Take-Out Tips
While take-out is often amore expensive optionthan cooking at home, sometimes its necessary.
Cruze laid out how to tackle your grocery budget effectively.
Determine how much you usually spend on groceries and reduce that number a bit.
Everyones budget is different and spending more on food will mean having less for other areas.
Challenge yourself to find deals and buy only whats needed.
To figure out what you need, you must make a meal plan.
With your grocery list now finalized, dont let yourself stray from it by buying other items.
Be strict with yourself and follow your budget.
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