We all endure times in life where money is tight. Fortunately for us, there are particular expenses that we can simply eliminate, for example cable TV, gym memberships, and eating out at restaurants. On the other hand, there are other expenditures that we simply can’t avoid. Rent, debt repayments and school fees are just a couple of the necessary expenses that are fixed and there’s little we can do about it. Having said this, there is one necessary expense where we can all save a considerable amount of money; and that expense is food.
Having performed some research, I’ve discovered there are a multitude of ways in which we can all save on food expenses. Certainly, 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 surprised 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 create a shopping list
Have you ever had to throw out food simply because it’s past its expiry date? I know I have! By planning every meal of the week, you can ensure that you just spend money on food that is needed. Take a look in your pantry to find what ingredients you already have, which ingredients you need to buy, and create a list of all the ingredients you’ll need for the coming week.
Many of us are guilty of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will markedly reduce any impulse buying. Remember to always keep a pen and paper in the kitchen, so when you run out of a certain ingredient, you can jot it down quickly and potentially eliminate a second trip to the grocery store. And always shop for groceries on a full stomach!
Don’t bring your kids to the grocery store
In certain cases it can be tough to organise, but if you go grocery shopping when your children are at school or at night when someone can watch them, you’ll save loads of money. Not only can you shop a lot quicker, but you don’t need to drain your energy by saying ‘NO’ to your kids every aisle. Normally this can become overpowering, so many people will give up occasionally, and these needless items will aggregate throughout the year much more than you’d imagine.
Go shopping in the evening
Speaking of shopping at night, you’re likely to find the best prices at this time of day. Big supermarkets will regularly 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 little bit 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 buy excessively and throw away food, but always bear in mind that you can prepare meals and freeze them for later in the week (or month). Bread, cheese, and butter will keep as much as three months in the freezer, and meat products will usually last up to six months. Just ensure that you have enough room in your freezer first!
Try discounted supermarkets
Discounted grocery stores like Aldi will always have goods that are less expensive than the supermarket giants like Woolworths and Coles. Likewise, some goods will be more costly, so try finding bargains at discounted supermarkets before heading to your usual 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 an exceptional idea.
If you’re encountering financial issues, always bear in mind that there are straightforward ways to save a significant amount of money on one of your biggest expenses. By making some minor changes in conjunction with a dash of self-discipline, you can potentially save thousands of dollars yearly on your grocery bills.
If you discover that your financial condition is still worsening, it’s always better to seek financial guidance sooner rather than later. Get in touch with the specialists at Bankruptcy Experts Mackay on 1300 795 575, or visit our website for more financial advice: www.bankruptcyexpertsmackay.com.au