|March 16, 2018||0|
We all experience periods in life where money is tight. Fortunately for us, there are a number of expenses that we can quite easily do away with, for instance cable television, gym memberships, and dining out at restaurants. On the contrary, there are other costs that we simply can’t avoid. Rent, debt repayments and school fees are just a number of the mandatory expenses that are set and there’s little we can do about it. Having said that, there is one necessary expense where we can all save a great deal of money; and that expense is food.
Having conducted some research, I’ve discovered there are a range of ways in which we can all save on food expenses. Certainly, eating out at restaurants is much more expensive than eating at home, but I’m referring to 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 useful tips that can save you thousands of dollars each year on your food bills.
Plan your meals and prepare a shopping list
Have you ever needed to toss out food simply because it’s past its expiration date? I know I have! By planning every meal of the week, you can make sure that you just spend money on food that is needed. Look in your pantry to see what ingredients you presently have, which ingredients you have to buy, and prepare a list of all the ingredients you’ll need for the following week.
Many of us are regretful of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will substantially decrease any impulse buying. Don’t forget to always keep a paper and pen in the kitchen, so when you run out of a specific ingredient, you can jot it down quickly and potentially prevent a 2nd trip to the grocery store. And always go grocery shopping on a full stomach!
Don’t bring your children to the supermarket
In some cases it can be difficult to organise, but if you go grocery shopping when your children are at school or at night when there’s somebody to watch them, you’ll save a considerable amount of money. Not only can you shop faster, but you don’t have to exhaust your energy by saying ‘NO’ to your children every aisle. Normally this can become overpowering, so lots of people will give up here and there, and these nonessential items will build up over the year far more than you’d imagine.
Shop in the evening
Speaking of shopping in the evening, you’re more than likely to come across the best prices at this time of day. Large grocery stores will regularly discount items when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be discounted. Even though it may seem 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 cautious though, you don’t want to buy 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 about three months in the freezer, and meat products will usually last up to six months. Just ensure you have enough room in your freezer first!
Try discounted grocery stores
Discounted grocery stores like Aldi will always have goods that are more affordable than the supermarket giants like Woolworths and Coles. Nevertheless, some goods will be more expensive, so try finding bargains at discounted supermarkets before visiting your normal grocery store. Though you may not recognise some of the brands, the quality of the food is pretty much the same. The design is also different, so it may take a bit of getting used to, but if you wish to save money on food then this is an excellent idea.
If you’re dealing with financial troubles, always bear in mind that there are simple ways to save a substantial amount of money on one of your biggest expenses. By making some minor adjustments in conjunction with a dash of discipline, you could potentially save thousands of dollars each year on your grocery bills.
If you discover that your financial position is still worsening, it’s always better to seek financial advice sooner rather than later. Get in touch with the specialists at Bankruptcy Emerald on 1300 818 575, or visit our website for more financial advice: http://www.bankruptcy-emerald.com.au/