Do the math...

Ever wonder how to figure out your savings percentage for your shopping trips? I don't know about you but I get so excited when I calculate up my savings for each trip. Below is the equation I use to determine how much I save.

Equation:

Step 1: Amount Spent + Amount Saved = Total Value of purchase

Step 2: Amount Spent/Total Value = a decimal (we’ll call the decimal “A”)

Step 3: Multiply A x 100 = % Spent of total items purchased

Step 4: 100 – % Spent = % Saved of total items purchased

Example:

Let’s say I spent $11.00 and saved $76.00

Step 1:  $11 + $76 = $87.00 (total value of my purchase)

Step 2:  $11.00 divided by $87.00 = 0.12

Step 3:  0.12 x 100 = 12.6% (this is the percentage of money I spent on the groceries – So I spent 12.6% of what the grocery bill would have been w/o sales and coupons)

Step 4: 100 – 12.6 = 87.4% saved (I saved 87.4% on my grocery bill)

Thanks Addictedtosaving!