Providing food for your family is paramount and the costs of doing so can vary extensively based on your mood, financial position, and whether or not you’re hungry when you head to the supermarket! But the truth is that food is a large expense for a lot of families, and finding ways to save at the supermarket can amount to a great deal of money over time. You might even be able to take the family on a holiday with all the money you can save on food throughout the year if you spend your money effectively. We all wish we could save more money on groceries, so here’s a quick overview on some practical tips on how to do exactly that.
Plan Your Meals
It’s typical for people to head to the supermarket with a list of items they need, but rarely do they plan every meal of the week and all the ingredients that are involved. Planning your meals and ingredients in advance will make it easy for you to spend your money only on what is required. In doing this, you’ll also have to know what you already have at in the pantry, so it’s a great idea to make use of the items you already have in preparing your meals for the week. There are also some meals that are considerably cheaper than others, so if you really wish to save money, select meals that are inexpensive but fulfilling. You can find a lot of cheap meal menus on the web. It’s also a smart idea to have a paper and pen in the kitchen so as soon as you run out of a particular ingredient, note it down immediately so you remember the next time you’re at the grocery store.
Don’t Visit The Grocery store When You’re Hungry!
It’s imperative that you always eat some food before heading to the supermarket for your weekly shopping. If you’ve ever been to the grocery store when you’re famished, you’ll know what I mean! Personally, I start drooling when I see foods that I like but don’t really need and as a result, they wind up in my shopping cart. Even if you’ve planned your meals for the week and have a checklist with you, often the temptations are overpowering and can cause you to spend money on unneeded items.
Use Loyalty Cards
A great way to save money on groceries is to use loyalty cards at the checkout. Frequently, you’ll get a discount on certain items that aren’t displayed and you’ll also acquire points which can be used either by buying a gift card or various other featured items. In any case, you’ll be saving money that would otherwise be going down the drain!
There are many substitutes for the same type of food so it’s important that you spend some time analysing the prices to make sure that you get the best value for money. You don’t always have to buy the ‘no frills’ products, but supermarkets will generally have sales on a number of items so it’s useful to do your research. In addition to this, whenever there’s a sale on a specific item, it’s always a great idea to stock up when the prices are at their lowest. You’ll also want to examine the prices of your most often used foods at various grocery stores to identify which items are cheaper. It might be the case where you travel to two grocery stores when undertaking your weekly shopping expedition, but the price savings are well worth it.
Shop In The Evening
I know it sounds hard especially after a long day at work, but shopping at night is the best time to find discounts. Perishable goods like fruit and vegetables and bakery items are normally discounted if there is too much inventory for the next day. The best part is that these items are almost as good as new except cheaper! You’ll be surprised with how many discounts you’ll find at the supermarket if you go shopping in the evening.
So there you have it folks! There’s loads of ways to save money on groceries and the above tips are really just scratching the surface. If you have the chance to save $20 a week on groceries, which is very achieveable, you’ll be saving over $1,000 in the year! Conversely, if you’ve tried all of the above ideas and are still struggling to find enough money, it might be best to seek professional advice regarding your financial position. If this is the case, contact Bankruptcy Experts Penrith on 1300 795 575 or visit their website for additional information: www.bankruptcyexpertspenrith.com.au