|March 16, 2018||Comments Closed|
Most of us go through stages in life where money is tight. Luckily for us, there are various expenses that we can readily eliminate, such as 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 couple of the necessary expenses that are set and there’s very little we can do about it. Having said this, there is one mandatory expense where we can all save a considerable amount of money; and that expense is food.
Having done some research, I’ve discovered there are a multitude of ways in which we can all save on food expenses. Obviously, eating out at restaurants is much more expensive than eating at home, but I’m referring to saving money on your weekly food bills. You’ll be surprised at just how much money you can save by sticking to some helpful guidelines, so here are some quick tips that can save you thousands of dollars annually on your grocery bills.
Plan your meals and write a shopping list
Have you ever had to toss out food simply because it’s past its expiry date? I know I have! By planning every meal of the week, you can make sure that you only spend money on food that is really needed. Have a look in your pantry to find what ingredients you presently have, which ingredients you have to buy, and write a list of all the ingredients you’ll need for the following week.
Many of us are guilty of impulse buying at the grocery store, so planning your meals and purchasing only the ingredients on your list will dramatically minimise 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 write it down quickly and possibly prevent a second trip to the supermarket. And always shop for food on a full stomach!
Don’t bring your children to the grocery store
Often it can be tough to organise, but if you go grocery shopping when your kids go to school or at night when there’s somebody to babysit them, you’ll save a considerable amount 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. Generally this can be overpowering, so many people will give in here and there, and these unnecessary items will build up throughout the year a lot more than you’d imagine.
Go shopping at night
Speaking of shopping at night, you’re more than likely to uncover the best prices at this time of day. Large supermarkets will regularly discount products when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be marked down. Even though it may sound a little bit cruel 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, especially on discounted items. Be careful though, you don’t want to buy too much and waste food, but always keep in mind that you can prepare meals and freeze them for later in the week (or month). Cheese, bread, and butter will keep up to three months in the freezer, and meat products will generally last up to six months. Just ensure you have enough room in your freezer first!
Have a go at discounted grocery stores
Discounted grocery stores such as Aldi will always have goods that are more affordable than the supermarket giants like Coles and Woolworths. Conversely, some products will be more expensive, so try finding bargains at discounted supermarkets before heading to your usual grocery store. While you may not recognise some of the brands, the quality of the food is basically the same. The structure is also different, so it may take a bit of getting used to, but if you intend to save money on food then this is an excellent idea.
If you’re dealing with financial problems, always keep in mind that there are useful ways to save a great deal of money on one of your largest costs. By making some modest changes in conjunction with a dash of self-discipline, you can 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 guidance sooner rather than later. Call the professionals at Bannkruptcy Adelaide on 1300 818 575, or visit our website for more financial advice: http://www.bankruptcy-adelaide.com.au/