Household consumables budgeted amount?
How much do you budget/spend for household consumables (paper goods, toothpaste, aluminum foil, laundry detergent, etc) per month?
I'm recently married, and I noticed that when I first got married, we spent quite a bit on these items, as we needed to stock up on a lot. However, in the past few months, I've noticed a downward trend for our household goods spending and am wondering what others roughly budget/spend for household items?
I separate them out, except toothpaste goes into personal care items. I used to budget $200-300 a month, but in the past year I started separating out non consumables because I was spending a lot on things like new sheets, pillows, storage totes.. things that weren’t actually consumable or “needed” per se. So I’ve seen it go down to $100-200 a month.
Basically, I’ve found that it depends on where you’re shopping, how aggressive you are with looking for sales/coupons, and stock up opportunities. Now, going forward, if you eventually add kids to the mix... or a larger home... count on batteries, light bulbs, more detergents, etc. But everyone does their categories their own way. It’s easy to adjust any category as necessary, just keep an eye on it and you’ll be fine. Congrats!
Hi, Ivory Packet
I'm a single. I budget $70/month. I looked back over my budget history. My lowest spend year was $300 (super cheap year) and my highest came in at $1,100. This year looks like it might match my previous super cheap year. Most years it's under $900/year and my spend average is $63/month over the last 6 years.
My Household Sundries categories covers what I purchase to keep me, my clothes, and my home clean and functioning. So, from A to Z, everything from AAA batteries to the occasional bottle of Zowee carpet stain remover. I also use this category for the cash I use in coin-operated laundry machines and for dry cleaning and tailoring services.
I haven't been doing this long enough to have a number yet, but I've also noticed the ups and downs of spending on those items. At this point, I'm including such items in my groceries or pharmacy budget, largely depending on whether I get them from the supermarket or CVS.
Groceries I budget a set amount to (for us, it's $100 a week), which accounts for the household sundries that get categorized there.
Pharmacy I *hadn't* been budgeting for, because I forgot about the non-FSA-covered items. I'm starting out with a small amount per month, because I don't need to spend on these items that often. I'll probably revisit that amount either at year end or when next I need it but the money isn't in the category.
I'm really interested to see how others handle this type of stuff.
When I started with YNAB in 2016, it was me, my husband, a toddler, and a baby in a medium cost-of-living area. I budgeted $200-$250/month for groceries/cleaning supplies, but separated out "baby supplies": diapers, formula, etc., but not food. We were on a shoestring budget at the time, though, and I probably would have been better off if I had an extra $100/month to spare for food.
Now kids are almost 7 and 5.5, and we got a cat. We have $600 in our "groceries" budget for the month. This covers all our food, all our regular cleaning supplies, cat food and litter, over-the-counter vitamins and medicine, and usually things like makeup remover and lotion for me (but not makeup). It's a little more than we need right now, and I may lower it soon.
What doesn't count there: Household maintenance (tools, throw pillows, containers for organizing, décor, etc.), clothes, makeup, entertainment, etc. Which makes splitting Target bills super exciting. :) But I don't often buy groceries there.
Plus, what matters is granularity where you need it, and simplicity where you don't. I have a category specifically for Starbucks. I allow myself to transfer no more than $35 each month to my Starbucks card, so it has its own category. But we decided we didn't need the granularity for what food is ours versus what food is the cat's, so we kept it lumped together.
Fuzzball Meows , if we get something from a pharmacy specifically, we take it out of our medical category.
Plus, what matters is granularity where you need it, and simplicity where you don't. I have a category specifically for Starbucks.
That is SO true. It still baffles me the people I know with just a "Costco" category, but hey, it works for them... The other day I was bugging my friend: So if you impulse buy a new Vitamix while you're shopping for cheese you still dump it all together? She admitted she *sometimes* will split it out, but usually not. Hah, I could NEVER. And yet, I dump every holiday together, every gift together, every vacation expense together. So interesting and fun to see how everyone does it!
ETA: I have a category for Coffee and one for Gum!
My Home & Garden Supplies category is around $40 - $50. Groceries around $150-200 depending on if I do a big "sale/stock-up" shop. Personal Care is another $50. These are all monthly averages.
Single, no pets or kids, so not a lot of additional stuff that other households probably have to budget for.
We have a family of 4-5 (one kid away at college most of the year). Ours is called Household & Cleaning and our budget is $75 per month. This includes household consumables: batteries, lightbulbs, detergents, paper products, baggies, parchment paper, office supplies etc.
Our shampoo, toothpaste, razor blades, micellar water (teenagers!), etc. goes into Toiletries. The budget for this category is twice that of Household & Cleaning (again, teenagers!).
This is the budget we need to figure out still. We have $2500/mo in "Groceries" that is anything you would buy from a grocery store or resembles food, $1200 in "Other", which is usually fixing broken things, vacations, pharmaceuticals, and cat toys. Then $800 for "home improvements", which is upgrading things in or part of the house. All in the category of "Everyday Expenses" and money moves between the 3 budgets on whims. I just switched to Online YNAB this month though, so now hopefully I'll have time to break that mess down.
Fuzzball Meows said:
Are retainer fees covered by insurance?
I have no flocking clue. According to the contract, the first fees will come out of that money on account, so at least there's that. I'll just have to wait for the first official invoice so I can submit to insurance and then wait God knows how long for them to decide how much to cover of the "customary charge" (bahahahhahaahah). I just transferred the $2k via Zelle from my savings account, and haven't even put it in YNAB yet because my medical group balances look a LOT different than they did 3 days ago when I was showing off and doing my stupid happy dance.
I opened a discussion thread here not too long ago to get different perspectives on what to do with HSA funds. We do run the gamut here. I choose to spend. I've just never spent it to actually ZERO. I'll figure it out, but I think I'm gonna have to take a little from this month's paychecks because this ended up being an ugly spending month :(.
(Sorry for all the O/T!)