I got my annual visa summary from the bank the other day, which breaks down how much we spent on food and groceries over the last year. To say I was in shock is an understatement! $50 here and $80 there doesn’t seem huge at the time but over 12 months it’s massive!
After the cost of housing, for most of us food is our next biggest expense. According to a study by the University of Otago it costs as much as $100 a week to give one NZ adult a balanced diet (less for kids naturally).
So a family with 2 adults, a teenage boy (who costs more to feed than an adult male according to this study, and probably seconded by every mother of a teenage boy ever) and a younger child could spend between $247 for a ‘basic’ diet and $394 for a ‘liberal’ diet.
Sadly in NZ (and all over the world) people must manage on far less than this. In the US celebrities such as Gwynth Paltrow having been taking part in the ‘food stamp challenge’, where they aim to survive on just $29 for a week’s worth of food (approx. NZ$38.50), which is how much people in their SNAP (formerly food stamps) programme receive. (She failed miserably by the way, seriously who buys limes when they have $29 for the week?!).
So having had the shock of my life I’ve resolved to do better when it comes to my spend on the grocery shop. Here are some things that I am going to do to try and keep the grocery spending down:
This post was first published on Nested, republished with permission.