- Personal Finance»
- Frugal Living»
- Household Expenses
Saving money on groceries practical tips
Saving money on groceries
Did you know saving money on groceries is one of the most difficult tasks in the world? And why is that, you might ask! Well it is because shopping is addictive, the shop owners and companies know that you would much rather buy their delicious looking products than think about saving money at the grocery store, because once you start spending a little money it's hard to stop before you've spent it all. Knowing how to budget your food expenses however can be a very enlightening and helpful skill to aid you in passing through these tough economic times, so here are some general rules and tips for saving money on food:
Make your piggy bank proud!
Budgeting food tips
1. Spend your money wisely when going shopping for groceries by making a list of only the important products that you actually need and their prices, making sure that you only bring enough money to buy those products. Bring the exact amount and not a penny more otherwise you will be tempted to buy useless stuff you really don't need! Never bring your credit card! When making your list please remember to:
- List products that should always be in supply around the kitchen such as milk, sugar, salt, vinegar, bread and others.
- Plan your meals ahead of time, that way you know exactly what ingredients you need and in what amount so there will not be any wasting or expensive last moment purchases.
- List the product type and not the brand unless you really have to. Branded products can be overpriced and there are less expensive goods at the same level of quality to replace them
- Plan on using recipes where the cuts of meat don't really matter. This will allows you to buy less expensive cuts of meat without really sacrificing the quality or taste of the food.
- Shop less often and shop smarter, two or three times a month is enough for most families
Learn to save - these books are profit!
2. Once your list is ready it's time go out shopping. Saving money on groceries however means that you should always be on the look out for stores that offer the same quality item on your list but at a lower price, as well as looking out for things that may not be on your list now but that you regularly buy. Never shop just in one place and be sure to compare prices from different stores before you decide on buying. Even better is to be on the look out for price changes even if you're not shopping, as long as you pass by a store on your way home from work you can stop regularly to check up on your favorite products, this can save you time and gas for when you go out on the next shopping session.
3. When buying things like clothes or other seasonal items always do you shopping at the end of the season, prices will be much lower then and most items will be a real bargain. This goes for fruit as well, saving money on groceries is easier if you buy fruit in the middle of their specific season.
More supermarket saving
4. If you're willing to sacrifice a little quality you can always stop
in dollar stores and find items on sale. The goods will still be new and
not yet used and at the best prices available.
5. One last thing, you could try saving money on groceries by first saving money at home. One good way to do this is to re-use grounded coffee once as it will not have that much of an impact on it's taste. Another good idea is to buy and store bread since last day's bread is usually cheaper and there is no real disadvantage in buying bread a day old. You might also want to consider buying in bulk, especially if you already own a large refrigerator or storage space!