The Best Ways To Save Money On Food
We all suffer through periods in life where money is tight. Fortunately for us, there are certain expenses that we can quickly eliminate, for example cable TV, gym memberships, and dining out at restaurants. On the other hand, there are other expenditures that we simply can’t avoid. Debt repayments, rent and school tuition are just some of the mandatory expenses that are set and there’s very little we can do about it. Having said this, there is one necessary expense where we can all save a good deal of money; and that expense is food.
Having performed some research, I’ve discovered there are a variety of ways in which we can all save on food expenses. Clearly, dining out at restaurants is far more costly than eating at home, but I’m referring to saving money on your weekly grocery bills. You’ll be amazed at just how much money you can save by adopting some practical guidelines, so here are some useful tips that can save you thousands of dollars every year on your grocery bills.
Plan your meals and write a shopping list
Have you ever had to throw away food simply because it’s past its expiration 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 really needed. Take a look in your pantry to see what ingredients you already have, which ingredients you have to buy, and write a list of all the ingredients you’ll need for the coming week.
Most of us are guilty of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will considerably lessen any impulse buying. Don’t forget to always keep a paper and pen in the kitchen, so when you run out of a particular ingredient, you can jot it down instantly and perhaps prevent a second trip to the supermarket. And always shop for groceries on a full stomach!
Don’t bring your children to the supermarket
Often it can be difficult to organise, but if you go grocery shopping when your kids go to school or at night when there’s somebody to babysit them, you’ll save a great deal of money. Not only can you shop quicker, but you don’t need to waste your energy by saying ‘NO’ to your kids every aisle. Quite often this can be over-bearing, so a lot of people will give up occasionally, and these unneeded products will accumulate over the year a lot more than you’d imagine.
Go shopping in the evening
Speaking of shopping at night, you’re likely to stumble on the best prices at this time of day. Large grocery stores will frequently discount items when they’re overstocked, and perishable goods such as bread, fruit and veggies will also likely to be discounted. Although it may appear to be a tad harsh 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. Butter, bread, and cheese will keep up to three months in the freezer, and meat products will generally last up to six months. Just ensure you have enough room in your freezer first!
Have a go at discounted grocery stores
Discounted grocery stores like Aldi will always have goods that are less expensive than the supermarket giants like Woolworths and Coles. However, some goods will be more expensive, so try finding bargains at discounted supermarkets before heading to your regular supermarket. Although you may not recognise some of the brands, the quality of the food is basically the same. The design is also different, so it may take a bit of getting used to, but if you intend to save money on food then this is a superb idea.
If you’re dealing with financial troubles, always remember that there are simple ways to save a great deal of money on one of your largest costs. By making some modest changes as well as a dash of self-discipline, you can potentially save thousands of dollars yearly on your grocery bills.
If you discover that your financial situation is still worsening, it’s always better to seek financial guidance sooner rather than later. Contact the professionals at Bankruptcy Experts Joondalup on 1300 795 575, or visit our website for more financial advice: www.bankruptcyexpertsjoondalup.com.au