How to Manage Food Money Tips?

       Today, you wake up hungry with an empty fridge. Last week, there was leftover take-out food and a bottle of ketchup. You start seeing signs of gaining weight, and then you decide to build an eco meal plan to meet your budget by buying fruits and vegetables. Time to go grocery shopping. What will you buy to last you/your family/pets for the day, the week, or the month?

      It’s all about creating a budget to manage your needs, wants, and savings. So let’s take the first step to understand where your money is going after your total net income (tax dollars)—also, the tools to create an ideal personal budget portfolio.

What Is Your Goal?

If your goal is to help admit that you’re buying unnecessary food and is affecting either:

  • Long-term health
  • Dealing with Food going spoiled
  • Filling up space in the food pantry not being eaten
  • Losing savings

    We are the website for you to provide top recommendations through research tips and tools and become a sustainable consumer under your agreed budget.

The 50-30 -20 Rule

     Let’s divide your paycheck into three categories: 50% for your needs (essentials), 20% for savings (future), and 30% for your wants (everything else). (Whiteside, 2020)

What’s should be 50% essential?

    The ideal personal budget portfolio is your regular living expenses. So, for example, you have groceries, a mortgage or rent, utilities, and health insurance.

What’s should be 20% saved?

    I would consider saving money for an emergency fund or retirement. The money you will need in the future. What if one or two layoffs in a family of one or two income earners? It can save your butt right there. Then, you know, pay the debt. If you have credit cards, you know, student loans, things like that, those are debts that you should write off using that 20%.

What’s makes that 30% important?

    Notice the past month; you spend on entertainment (movies, eating out, etc.) additional money after buying the essentials. So you are limiting your finances to pay off any debt. So, unfortunately, you won’t invest in your 50% and 20%. Without tracking your payments, your long-term budget may cause your finances to overflow, ending with no food in the fridge.

Create a monthly budget

    The Every Dollar Budget app is a free recommended tool that can help anyone build a budget for at least 10 mins. (Johnson, 2021)


    Access to Web-Based, iOS, Android


  • Free Version
  • Easy to track expenses
  • Tax Reporting
  • Manual Entries
  • Online Synchronization


  • Track your Spending Manually under Free Version
  • $129.99 annual fee for the paid option

      A dependable budget is to believe in yourself to achieve a noble goal rather than buying something that will stress your life. Only spend on things you’ve permitted yourself to keep your week exciting. Or put it under this 20% savings and debt category. Break your budget down by 50, 20, and 30 percent. You would be surprised by the results.

     So if you have a friend or family member who would benefit from it, please share it with them.

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