Most of us suffer through stages in life where money is tight. Fortunately for us, there are certain expenses that we can readily eliminate, like cable TV, gym memberships, and eating out at restaurants. Despite this, there are other expenditures that we simply can’t avoid. Rent, debt repayments and school tuition are just a number of the mandatory expenses that are fixed and there’s little we can do about it. Having said this, there is one mandatory expense where we can all save a great deal of money; and that expense is food.
Having performed some research, I’ve discovered there are a variety of ways in which we can all save on food expenses. Certainly, eating out at restaurants is far more expensive than eating at home, but I’m talking about saving money on your weekly grocery bills. You’ll be astounded at just how much money you can save by adopting some helpful guidelines, so here are some simple tips that can save you thousands of dollars every year on your food bills.
Plan your meals and create a shopping list
Have you ever had to throw out food simply because it’s past its expiry date? I know I have! By planning every meal of the week, you can be sure that you only spend money on food that is needed. Take a look in your pantry to see what ingredients you already have, which ingredients you have to buy, and create a list of all the ingredients you’ll need for the upcoming 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 dramatically minimise any impulse buying. Don’t forget to always keep a pen and paper in the kitchen, so when you run out of a certain ingredient, you can write it down quickly and perhaps prevent a second trip to the supermarket. And always shop for groceries on a full stomach!
Don’t bring your kids to the supermarket
Often times it can be tough to organise, but if you go grocery shopping when your children go to school or at night when there’s someone to keep an eye on 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. Often this can be overwhelming, so lots of people will give up occasionally, and these excessive items will build up throughout the year a lot more than you’d imagine.
Go shopping at night
Speaking of shopping in the evening, you’re most likely to come across the best prices at this time of day. Big supermarkets will usually discount products when they’re overstocked, and perishable goods like bread, fruit and veggies will also likely to be discounted. While it may appear to be a tad cruel after a long day, you can bag a lot of bargains by shopping in the evening.
Buy in bulk
It should come as no surprise that buying in bulk will save you money, especially on discounted items. Be careful though, you don’t want to buy excessively and throw away food, but always bear in mind that you can prepare meals and freeze them for later in the week (or month). Cheese, butter, and bread will last up to 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 such as Aldi will always have items that are less costly than the supermarket giants like Coles and Woolworths. Nevertheless, some goods will be more costly, so try finding bargains at discounted supermarkets before visiting your usual supermarket. Although you may not recognise some of the brands, the quality of the food is virtually the same. The structure 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 a fantastic idea.
If you’re experiencing financial difficulties, always keep in mind that there are easy ways to save a considerable amount of money on one of your biggest costs. By making some modest changes together with a dash of discipline, you can potentially save thousands of dollars annually on your grocery bills.
If you find that your financial circumstance is still worsening, it’s always better to seek financial guidance sooner rather than later. Get in contact with the professionals at Bankruptcy Experts Shellharbour on 1300 795 575, or visit our website for more financial advice: Bankruptcy Shellharbour