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Showing posts with label Monthly Savings. Show all posts
Showing posts with label Monthly Savings. Show all posts

Friday, May 2, 2008

My April Savings Totals: Kroger, WalMart, CVS, Walgreens

I'm linking up over at MoneySavingMom's Super Savings Saturday; be sure to visit the linkage for all sorts of inspiring deals!

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Rather than a photo of my best deal for the week, I've calculated my savings totals for April now that I've had a few minutes to sit down with my piles of receipts.

I began April challenging myself to spend only $400 for the month on groceries and household/personal items for our family of five.

My actual total spent cash (via debit card) was $500.33, a 25% budget overage.

But for that $500.33 cash spent, I bought a total of $1276.57 of goodies using sales, coupons, ECBs at CVS, RRs and Easy Saver Rebate Gift Card $$ at Walgreens.


That's a total savings of 61%! Not too shabby!


Or, to look at it another way, I multiplied the buying power of each $1.00 by a little over 2.5.


Imagine if every $10 you spent bought you an actual $25 in goodies - that's how far my dollars stretched in April.


Here's the breakdown:


Kroger:


Spent: $440.31


Total Value of Goods Purchased: $878.93

Saved: $438.62, or 49%

Wal-Mart (I try not to shop here; if you've read Nickel and Dimed: On (Not) Getting By in America, you may feel the same way)



Spent: $17.16



Total Value of Goods Purchased: $18.06

Saved: $0.90, or 0.05%



CVS:

Spent: $25.54

Total Value of Goods Purchased: $294.48


Saved: $268.94, or 91%


(and earned numerous ECBs which I rolled into new deals!)


Walgreens:

Spent: $17.35

Total Value of Goods Purchased: $85.10


Saved: $67.75, or 80%


(Much like CVS, I earned RRs to use and also had my Easy Saver Rebate Gift Card to use)

One quick note - I've done the math six ways to Sunday and I still have $0.03 in my final total of $1276.57 that disappears when I add up the individual store totals and savings. I'm willing to let is slide if you are!


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While it's always disappointing to fall short (way short!) of your budget goal, I'm really not too upset about missing the amount I set for my challenge.


One, I went shopping for this current week (which is an April/May week) on Monday, meaning my budget for May will benefit from my overage in April


And two, it's always good to challenge yourself financially, set a goal, and track your progress. In some ways, that's the most important success of all - actually knowing where each dollar goes and how far it stretched.

Finally, we decreased our spending overall in this category so our household budget experienced a net benefit.


I'm setting a more realistic budget for May of $450 total with the hopes that I can come under by at least a few dollars. May is an event-filled month of fun in our family; I'm hoping that my creativity will help me keep our costs low as the good times roll.


I'm also considering going on a Cash-Only Diet for this category of our budget, something recommended by Dave Ramsey; read how it worked in real life here for my fellow BBJ Blogger, Andrea.

I still plan on growing my cash using Kroger's Tax Stimulus offer of 10% bonus on gift card purchases detailed here.


Do you use a Cash-Only Diet for your groceries? Do you plan on using any retailers offers of 5-10% bonuses if you buy a Gift Card for their store? And with Mother's Day, end-of-school, Memorial Day Weekend, and other events, is May a spendy month for you, too?


Comment and share your knowledge about how you face these challenges! That's what this blog is all about - sharing information to help others!