|March 16, 2018||0|
We all endure periods in life where money is tight. Thankfully for us, there are certain expenses that we can simply eliminate, for instance cable television, gym memberships, and dining out at restaurants. On the other hand, there are other expenses that we simply can’t avoid. Debt repayments, rent and school tuition are just a number 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 conducted some research, I’ve found there are a number of ways in which we can all save on food expenses. It goes without saying, eating 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 shocked 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 annually on your grocery bills.
Plan your meals and create a shopping list
Have you ever needed to toss out food because it’s past its expiration date? I know I have! By planning each meal of the week, you can ensure that you just spend money on food that is really needed. Look in your pantry to see what ingredients you currently have, which ingredients you need to buy, and prepare a list of all the ingredients you’ll need for the following 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 drastically lessen any impulse buying. Remember to always keep stationary in the kitchen, so when you run out of a particular ingredient, you can write it down immediately and perhaps avoid a second trip to the supermarket. And always shop for food on a full stomach!
Don’t bring your kids to the supermarket
In certain cases it can be tricky to organise, but if you go grocery shopping when your children are at school or in the evening when someone can keep an eye on them, you’ll save heaps of money. Not only can you shop quicker, but you don’t have to exhaust your energy by saying ‘NO’ to your kids every aisle. Quite often this can become frustrating, so many people will give in here and there, and these excessive items will aggregate over the year a lot more than you’d imagine.
Shop at night
Speaking of shopping in the evening, you’re most likely to come across the best prices at this time of day. Large supermarkets will typically discount products when they’re overstocked, and perishable goods such as bread, fruit and vegetables will also likely to be marked down. Even though it may seem 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, particularly on discounted items. Be careful though, you don’t want to purchase too much and waste food, but always bear in mind that you can cook meals and freeze them for later in the week (or month). Cheese, butter, and bread will last as much as three months in the freezer, and meat will normally last up to six months. Just be sure you have enough room in your freezer first!
Try discounted grocery stores
Discounted supermarkets like Aldi will always have items that are less expensive than the supermarket giants like Coles and Woolworths. On the contrary, some products will be more costly, so try finding bargains at discounted grocery stores before visiting your normal grocery store. While you may not recognise some of the brands, the quality of the food is just about the same. The design is also different, so it may take a bit of getting used to, but if you want to save money on food then this is an exceptional idea.
If you’re dealing with financial issues, always remember that there are simple ways to save a significant amount of money on one of your largest expenses. By making some small changes coupled with a dash of self-discipline, you could potentially save thousands of dollars each year 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. Speak with the professionals at Fresh Start Solutions Gold Coast on 1300 818 575, or visit our website for more financial advice: Bankruptcy Goldcoast