It’s easy to spend far more than you need to on groceries and this can be a problem when you have a limited income and a lot of bills to pay. To make paying off your expenses a little easier here are a few ideas from MoneyKey to help you save on your grocery list.
Buy Generic Brands
You could save a great deal buying generic (no name) brands. While some generic brands won’t taste as good as the brand names, this isn’t the case when it comes to staples like sugar, flour and rice.
Make a Grocery List
If you really want to save, make a grocery list and stick to it. Your food bill can easily go over budget when you start adding ‘last minute’ or impulse purchases. This can help you save a bundle off of your annual grocery costs.
Pro Tip: Don’t go to the grocery store when hungry. You are more likely to give in and impulse buy when you have an empty stomach!
Buy Fruits and Vegetables
Stay in the produce aisles and avoid pre-packaged foods. Buying fresh fruits and vegetables can not only improve your health and your waistline, it can also save you money. While cooking from scratch often takes longer than prepackaged cooking, it can definitely help with your budget. Cooking a week's worth of food in advance can help save time and money.
Shopping at discount grocers and produce stores can save you a great deal. You could save even more if you keep track of coupons or sales that are happening in your area and plan your grocery list carefully.
Pro Tip: Be sure to ask if they will price match as well.
Keeping to your grocery budget can sometimes be a challenge, but if you stay on track you can eat well and save a pretty penny. At MoneyKey, we are committed to providing budgeting education, and resources about legitimate online loans.
Posted in: Financial Tips