Dave Ramsey’s Financial Peace University: Am I a Budget-Buster?

As you know, I am currently following Dave Ramsey’s Financial Peace University. I feel like I’m out of my league when it comes to budgeting. I know that it takes 3 months to really get the swing of things, but this week was a struggle when it came to groceries.

 

If you know anything about me, you know that I love grocery shopping. I love picking out the foods that we can afford (because of Aldi, my favorite grocery store) and imagine what I will craft this week with them. But because I spent half of our weekly food budget on meats, I didn’t have much left over for the fruits, veggies, dairy and eggs that I get at Aldi.

 

Alas, and alack. I threw caution to the wind and I went over the weekly budget.

 

What does this mean?? I felt like a failure immediately, but I’m working on giving myself some grace. Here’s how I break it down:

I spent $126.95 on:

-10 lbs of lean ground turkey meat

-4 pounds of chicken breast

-a huge container of Parmesan cheese (thanks, Sam’s Club)

-a week’s worth of eggs (6 dozen, to be exact. yes, we go through 6 dozen)

-2 lbs of coffee grounds

-a week’s worth of fruits & veggies

-1 carton of almond milk

-2, 16-ounce containers of organic baby spinach

-6+ bags of frozen vegetables

 

…plus more. But there it is. A week’s worth of groceries (and more) for us. The meats will actually bring us through next week, which ate our budget plenty this week.

But let’s theorize that every single grocery item above is consumed this week. That would break down to:

 

$126.95 / 7 days / 4 meals per day / 2 people = $2.27 per meal.

 

If we were to remove one of the 5 lb containers of ground turkey that will not be eaten until next week, that breaks down to:

($126.95 – $12.95) = $114 ($14 over budget)

$114 / 7 days / 4 meals per day / 2 people = $2.03 per meal.

 

Is that too much math for you? It might be for me!

 

Either way, I’m over-budget this week. Rats.

 

I have to admit, I’m feeling a little bit like a failure on this first week of budgeting. I mean, come on! It’s the first week, and I’ve already gone overboard.

But on the same token, it’s just the first week. It’s given me a chance to see what we typically spend on our groceries each week. Next time I’ll know better.

 

I think this blog entry would be under “The Setbacks” section, but soon I hope it will be a “triumph”!

 

Onward and upward! Dave Ramsey’s Financial Peace University is not conquered in one day.

Interested in what I’m doing with Dave Ramsey’s Financial Peace University? Subscribe to my blog and see how I do in week 2!


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By amanda.plazek@gmail.com

Filed under Dave Ramsey Financial Peace, Health
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