How much do you spend a month on food and other misc. expenses like haircuts, clothes, Target crap (I heart that store way too much) pets, vacations, etc.?
I've been having to do some serious budgeting because I was laid off and now I am probably going to be accepting this new job at a 25% pay cut. Before I was estimating $425/mo. on food and $300/mo. for miscellaneous expenses ($725/mo. total on shopping for food and crap wow!). Now I have to cut it back to $425/mo. for everything. (This doesn't include regular fixed bills like home, car, health stuff, electricity, cable, gas etc.)
I think that is going to be tough so I wanted to get an idea of what other 20 somethings spend. Am I too high? too low?
Permalink Reply by Suz on June 22, 2009 at 12:02pm
I guess it is hard to compare budgets especially from different cities.
This is how I used to spend my food money in a typical weekend-
dinner/drinks downtown with friends Friday: $35
Movie popcorn Sat matinée: $7
Sushi and drinks Sat: $26
6 pack for after-party on Sat: $8
brunch on Sunday: $15
ice cream run Sunday: $5
That's almost $100 in one weekend. And with weekly grocery trips coming up around $75, it was easy to hit $425 on food each month. Guess that will have to change!
I'm going to check out mint.com though as it seems to be really popular. Thanks for all the advice!