Budgeting is both an art and science. It requires certain simple calculations and methods to do it correctly.
At the same time, it also requires a creative bent of mind to plan it in ways that it is effective and helpful.
Many find it difficult to develop the habit of creating a food budget and in case they plan it, it is not that easy to implement it.
The only thing to know about food budget is that it is a simple comparison of your income kept aside for your food requirements and your grocery expenses.
The latter has to be lesser than the former. All it requires is to keep certain balances related to time, income, personal needs, supermarket prices, seasons, etc.
It is not as complicated as it sounds. Here are 10 easy tips to create a monthly food budget:
