|March 16, 2018||0|
We all experience stages in life where money is tight. Thankfully for us, there are specific expenses that we can easily eliminate, for example cable television, gym memberships, and eating out at restaurants. Despite this, 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 set 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 carried out some research, I’ve found there are a multitude of ways in which we can all save on food expenses. Naturally, eating out at restaurants is much more costly than eating at home, but I’m talking about saving money on your weekly grocery bills. You’ll be amazed at just how much money you can save by following some helpful guidelines, so here are some quick tips that can save you thousands of dollars annually on your food bills.
Plan your meals and create a shopping list
Have you ever had to throw away food because it’s past its expiry date? I know I have! By planning each meal of the week, you can be sure that you just spend money on food that is needed. Look in your kitchen 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.
A lot of us are regretful of impulse buying at the grocery store, so planning your meals and sticking to the ingredients on your list will greatly diminish 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 straight away and most likely prevent 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
Sometimes it can be tough to organise, but if you go grocery shopping when your children go to school or in the evening when there’s somebody to watch them, you’ll save a great deal of money. Not only can you shop a lot quicker, but you don’t have to exhaust your energy by saying ‘NO’ to your children every aisle. Commonly this can be overpowering, so lots of people will give in here and there, and these unnecessary products will add up over the year far more than you’d imagine.
Go shopping in the evening
Speaking of shopping in the evening, you’re most likely to spot the best prices at this time of day. Big grocery stores will typically discount items when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be marked down. Though it may appear to be a 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, particularly on discounted items. Be careful though, you don’t want to buy excessively and waste food, but always bear in mind that you can prepare meals and freeze them for a later time. Butter, cheese, and bread will last around three months in the freezer, and meat products will generally last up to six months. Just make sure 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 cheaper than the supermarket giants like Woolworths and Coles. On the other hand, some products will be more costly, so try finding bargains at discounted supermarkets before heading to your usual grocery store. Although you may not recognise some of the brands, the quality of the food is almost the same. The structure is also different, so it may take a bit of getting used to, but if you need to save money on food then this is a superb idea.
If you’re experiencing financial problems, always remember that there are easy ways to save a substantial amount of money on one of your biggest costs. By making some modest adjustments coupled with a dash of self-discipline, you can potentially save thousands of dollars yearly on your grocery bills.
If you find that your financial situation is still worsening, it’s always better to seek financial guidance sooner rather than later. Contact the professionals at Bankruptcy Cairns on 1300 818 575, or visit our website for more financial advice: http://www.bankruptcy-cairns.com.au/