How You Can Save Money On Food
We all experience times in life where money is tight. Fortunately for us, there are particular expenses that we can quickly eliminate, like cable television, gym memberships, and eating out at restaurants. Despite this, there are other expenditures that we simply can’t avoid. Debt repayments, rent and school tuition are just a few of the mandatory expenses that are fixed and there’s not much we can do about it. Having said this, there is one mandatory expense where we can all save a great deal of money; and that expense is food.
Having undertaken some research, I’ve discovered there are a variety of ways in which we can all save on food expenses. Needlessly to say, dining out at restaurants is much more costly than eating at home, but I’m talking about saving money on your weekly grocery bills. You’ll be shocked at just how much money you can save by sticking to some helpful guidelines, so here are some quick tips that can save you thousands of dollars each year on your food bills.
Plan your meals and create a shopping list
Have you ever had to throw out food because it’s past its expiry date? I know I have! By planning each meal of the week, you can make sure that you only spend money on food that is needed. Take a look in your kitchen to find what ingredients you currently have, which ingredients you have to buy, and write a list of all the ingredients you’ll need for the coming week.
The majority of us are guilty of impulse buying at the grocery store, so planning your meals and sticking to the ingredients on your list will considerably minimise any impulse buying. Remember to always keep stationary in the kitchen, so when you run out of a certain ingredient, you can write it down instantly and perhaps prevent a 2nd trip to the supermarket. And always go grocery shopping on a full stomach!
Don’t bring your kids to the supermarket
In certain cases it can be difficult to organise, but if you go grocery shopping when your children go to school or in the evening when somebody can keep an eye on them, you’ll save a considerable amount of money. Not only can you shop faster, but you don’t need to exhaust your energy by saying ‘NO’ to your kids every aisle. Generally this can become overpowering, so a lot of people will give up occasionally, and these unwanted products will build up over the year far more than you’d imagine.
Go shopping at night
Speaking of shopping in the evening, you’re likely to come across the best prices at this time of day. Large supermarkets will commonly discount items when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be discounted. Though it may appear to be a tad cruel after a long day, you can bag a lot of bargains by shopping at night.
Buy in bulk
It should come as no surprise that buying in bulk will save you money, especially on discounted items. Be cautious though, you don’t want to purchase too much and throw away food, but always keep in mind that you can cook meals and freeze them for a later time. Bread, butter, and cheese will keep as much as three months in the freezer, and meat will typically last up to six months. Just ensure that you have enough room in your freezer first!
Try discounted grocery stores
Discounted supermarkets like Aldi will always have goods that are much cheaper than the supermarket giants like Woolworths and Coles. However, some products will be more expensive, so try finding bargains at discounted grocery stores prior to visiting your normal grocery store. Although you may not recognise some of the brands, the quality of the food is practically the same. The design is also different, so it may take a bit of getting used to, but if you need to save money on food then this is a fantastic idea.
If you’re going through financial challenges, always remember that there are straightforward ways to save a great deal of money on one of your biggest expenses. By making some modest changes as well as a dash of discipline, you can potentially save thousands of dollars annually on your grocery bills.
If you find that your financial circumstance is still worsening, it’s always better to seek financial advice sooner rather than later. Get in touch with the specialists at Bankruptcy Experts Tablelands on 1300 795 575, or visit our website for more financial advice: www.bankruptcyexpertstablelands.com.au