Business Tips Philippines: Business Owners and Entrepreneurs’ Guide

Business Tips Philippines, an online entrepreneurship, management & marketing guide for Filipinos, business owners, leaders & entrepreneurs around the world.

Add Business

Login

  • Home
  • Business
  • Management
  • Marketing
  • Business Category
  • About

Tips for Saving Money on Food and Groceries

July 9, 2011 Kristel Leave a Comment

There are several ways to saving money on food and groceries, but you will have to pay more attention to little details to save every cent that you can. Due to inflation and various other economic factors, food is becoming more and more expensive. In order to stay on track financially, you have to find the best prices for the most amount of nutrition in order to survive and thrive amidst a financial crisis. Remember that sustenance is the main goal of buying groceries, so buying what you don’t need is questionable. You don’t need to give up on enjoying food, but indulgence is truly the bane of personal finances.

Saving money on transportation
First of all, buy your groceries at the closest possible place. Transportation and logistical costs can go a long way in making your expenses much higher, even if you think that they don’t cost that much. Little things do add up, including the time and money spent to reach the place where your favorite brand of something costs a few bucks less than in the store closer to your home. Think about how much you are really saving before you start shunning your local grocer to the side for that corner store at the other side of town. The grass does seem greener on the other side, but you better look again. If you do have to go there, see if you can walk.

Being a wise shopper
If you can, shop everything in bulk to get them in a reduced price. Perhaps your favorite cereal is sold in packs of threes for 21 bucks each, but they are sold for 8 bucks each. Look for such prices in order to pile on the savings, even if you have to switch brands. Most of the time, there should not be a lot of difference between brands, but one may be cheaper than the other. Attention to detail is important in this case as you may never know if you have been buying the more expensive option.

Another tip is to buy perishables at the last possible moment, most likely at the end of the week and near closing time. The grocery store will want to sell as much product as they can before they have to dispose of them due to expiration, so they will be putting up discounts and bonuses for people who would actually buy them. There should not be a lot of problems in buying them as long as you are going to consume it anyway. Most people buy the freshest at the first day of the week at the first hour as much as possible, but there shouldn’t be a difference with stocks at the other end of the spectrum. Best of all, this strategy is a great money saver.

Finally, you can get even more savings by making use of coupons. Those little stubs and slips that people tend to take for granted are actually quite effective in saving money. The legitimate ones can be collected and used on a regular basis in order to save up from a few bucks to hundreds and even thousands over time. Do not underestimate the power of the simple bargain coupon.

Kristel
Kristel

Writing for almost a decade, Kristel Cuenta is one of the contributors of BusinessTips.Ph. She took up Bachelor of Arts/Bachelor of Secondary Education Major in Literature in college. She has practiced teaching English subject in a secondary school until she decided to use her writing skills and passion for generating an income. Follow Kristel on Twitter @kristelcuenta

Money & Finance, Personal Finance coupons, discounts, food, grocery, saving money, shopping tips

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Like Us on Facebook

BusinessTips.ph

Get Our Latest Business Tips

Latest articles

Bitcoin

Is Cryptocurrency Legal in the Philippines? Know The Rules That Matter

Lawyer

Hiring a Tax Lawyer for Your Small Business: 5 Things to Know

Manage Your Allergies Well With These 5 Practical Tips

Top 8 Reasons to Buy Gold in 2025

Home Dream

5 Ways You Can Actively Save Up for Your Dream Home

Top Business Articles

How to Register Business Name with DTI Philippines

How to Register Your Business with the BIR Philippines

How to Close a Business in the Philippines

How to Register Your Home-based Business in the Philippines

Legal Requirements for Starting a Business in the Philippines

Top Marketing Articles

The Most Powerful SEO Technique in the Universe

36 Ways to Rock Your Small Business Online

What‘s the Best SEO Technique for Websites and Blogs?

Integrating Search Marketing and My Experience at MORCon 2013

What is the Essence of SEO?

© Copyright 2017 BusinessTips.ph · All Rights Reserved · Archives · Advertise · Terms, Disclaimer & Privacy Policy