I’m working hard to get our budget back on track after months of ignoring the very basic principles of personal finance.
And one of the strategies I’m implementing is an Eat from the Pantry Challenge in the month of February.
Now… a true Eat from the Pantry Challenge participant goes all out when it comes to the challenge. There is no eating out, there is no stockpiling, there is no cheating. You eat what you have in the house, and that’s it. I’ve tried one of these Eat from the Pantry challenges a couple of years ago, but I didn’t take it to the extremes.
I can’t subscribe to the all or nothing plan. I believe in moderation. My primary goal is to use up some things in the back of my pantry and the bottom of my chest freezer and to significantly cut back on our grocery budget and eating out budget for the month in an effort to build up our savings.
So here’s my Eat from the Pantry Challenge plan:
- I will make a menu plan each week with a heavy emphasis on using things I already have in my pantry and freezer.
- I will not spend more than $100 this month on eating out. (Some may say this number is too high, but keep in mind this is a BIG area of weakness for me, and I’m not ready to do another no eating out challenge).
- I will allow myself to buy milk, eggs and fresh produce as needed.
- I’m allowing myself a $50 stock-up allowance…. this will allow me to stock up on really fabulous grocery deals and any mail-in rebates that won’t be available when the one-month challenge is over. And of course, getting things free with coupons is still fair game!
Some of you may think I have created a lot of loopholes for myself in this particular Eat from the Pantry Challenge, and I can understand why you would think that.
But my goal is to come up with a plan that will save us money AND most importantly, work for me. And I think this plan is doable.
So…. Who’s with me? Anyone else want to join me in doing an Eat from the Pantry Challenge?