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The 38-year-old Financial Counsellor Spends only $124 a month on Groceries—her No. 1’secret trick’ for Grocery Shopping

Carly DeFelice, the founder of the online personal finance course Best Money Class Ever, has built substantial savings and investments, with a current total of around $400,000 in cash and investments. DeFelice, now 38 and a community manager in Austin, Texas, previously paid off $35,000 in debt and accumulated over $100,000 in investments by age 26. Despite her current annual salary of $58,000, DeFelice effectively manages her budget to achieve impressive financial goals.

In September, DeFelice spent only $123.65 on groceries, a feat she attributes to intentional budgeting and meal planning. She allocates this expense from her weekly discretionary budget of $120, which also covers necessities like gas and car expenses. Planning meals for the week, including large-batch dinners for preparation, allows her to stay within her budget. She maintains a grocery list to avoid impulse purchases, emphasizing the importance of sticking to the list.

For socializing, DeFelice budgets $50 for dinner or drinks with friends. Taking a proactive approach to planning social activities allows her to have meaningful experiences without overspending. By being intentional about spending and focusing on the quality of experiences with friends, DeFelice successfully balances a thriving social life with financial discipline. Her budgeting methods have proven effective, showcasing the power of intentional planning and prioritizing meaningful expenses.

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