Question on Focus: What is your Estimated Weekly Food Expenditure (EWFE)?

Tracking daily food consumption and expenditure from Sunday to Saturday provides insight into your EWFE. Although it may seem complex at first, using a structured record makes the process manageable.

Common Obstacles & Practical Solutions

  1. Monthly Bulk Food Purchases
    • Obstacle: Difficult to break down lump-sum spending.
    • Solution: Track outside-the-home consumption daily. Divide monthly bulk purchase by 4 and add weekly share.
    • Formula:
  1. Weekly Bulk Food Purchases
    • Obstacle: Weekly lump-sum complicates daily tracking.
    • Solution: Track outside-the-home consumption daily. Add weekly bulk purchase at week’s end.
    • Formula: 
    •     
  1. Sharing Food with Family
    • Obstacle: Hard to calculate personal share.
    • Solution: Track personal daily consumption. Divide bulk purchase by number of adults.
    • Formula:
  1. Sharing Food with Friends (Hostel)
    • Obstacle: Group purchases make individual spending unclear.
    • Solution: Track personal daily consumption.
    • Divide bulk purchase by number of participants.
    • Formula:

Example Daily Record Template

DayFood ItemHome MadeOutsideAmount (₦)Date
MondayBreakfastYesNo31/01/2025
Banana & groundnutNoYes600
LunchRice & stewYesNo
DinnerYam & beansYesYes

* Ensure you track any other consumption outside the home, including water and drinks. WFE = (Amount for monthly bulk purchase / 4) + weekly food consumption record.

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