Published on September 2, 2015 10:42 am, by Jen Bakker
So who read my grocery challenge? About 2 months ago I challenged myself to get my weekly grocery bill under $300.
The challenge continues each week for me to be mindful with my money. Let’s have a look at how I went last week – remembering that my initial weekly spend averaged over $400.
My strategy for getting my spending down
What I’ve learnt
So how does MoneyBrilliant help me see how I’m going?
Firstly I’ve opened an account and linked all my accounts
Next I check transactions are categorised properly, most of this is automated, though I need to tweak a few things
I can hover over each shaded area to get the
exact spending figure for the last 30 days.
Since I’m interested groceries I hover over
the grocery section. I want to know about the
last 7 days so I drill down further by
clicking “view more reports”.
Today I find out that in the last 7 days I have spent $389.66.
Looks like a massive fail!!
But there was a day my husband came shopping with me…..and stocked up on personal care items at a cost of $48. So if I recategorise that transaction, we are under $350.
The great thing about the MoneyBrilliant app is that I always know where I’m at. I like to check the last 7 days for instant feedback and the last 30 days to get a weekly average on how I’m going.
I am happy that my average spend has dropped from over $400 to under $350. But I think I can do better. And I will keep my eye on my dashboard to check that I am!!
Jen is an experienced banking professional who loves wine, coffee, finding a bargain and of course her three beautiful children. Since Jen's first budget led her to buy a home at 20, Jen has passionately helped others to make better decisions with their money.