How Much Do You Spend On Food?

November 05, 2023

by Charles Hugh Smith Of Two Minds

Maybe the question isn’t just “how much do you spend on food,” but “what value are you getting for what you spend in time and money for food?”

We all know food has become much more expensive, so it makes sense to pay attention to what we’re paying for in terms of value, nutrition and money.

One advantage of a low/sporadic self-employed income is it trains us to track expenses. Maintaining spreadsheets of income and expenses become second-nature because it’s required for tax filings.

It’s easier to cut spending than earn more net income, and the obvious way to save money is to manage expenses to be lower than net income. Like many others who chose self-employment at a young age, I’ve kept records of expenses for decades.