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.
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
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