Grocery spending is unavoidable. But wait a second as this not the end of the story. Actually you can certainly save money on groceries. And that’s really a silver lining. As expenditure on groceries constitute an essential part of our budget and run into huge amounts month on month, so proper management of spending on grocery items is of utmost necessity. But this would not going to happen automatically. You would need to adopt and implement a sound saving strategy for grocery spending.
So here we have come with numerous ways in which you can reduce your grocery spending and show you methods How to Save Money on Groceries. So let’s carry on and find out how we can save money on grocery buying.
1. Know your expenses and prepare a budget
The first and the foremost step you need to take is to pen down the exact amount of money you are spending on buying grocery items. You need to make a list of what you are buying on groceries and then calculate the money you are spending each month on such items. With this figure in place, you can then begin to prepare a budget and set saving targets for yourself.
2. Have a Grocery List With You Before you go to shop
Always have a grocery list ready with you before you go to shop. This would result when you would prepare menu of what you would like to have on your dining table for the week or even for a month. So sit down with your family and prepare the grocery list.
Developing this habit would pay you a lot and you would be successful in reducing your grocery expenditure. A grocery list supports you in two ways. Firstly you do not indulge in spontaneous buying and thus avoid extra spending and secondly you get everything in a single trip. Both contribute into saving money.
3. Look for Cheaper Alternatives
Then you should try to find alternatives for the most expensive items on your grocery list. There would be no problem for you to know on what items you have spent the most. When you have figured such items, then when you go to the grocery store next time search for cheaper alternatives. And you would surely come out with such items that are cheaper and yet provide high quality food stuff. It would just require you to devote some time.
4. Utilize Your Grocery Items
Develop the habit of utilizing all the grocery stuff rather than wasting them. Store them properly so that they do not get rotten or wasted. This way you would save money as you would then do not have to indulge in frequent buying of the grocery items.
5. Avoid buying prepared and convenience food
Also avoid buying prepared and convenience food as they come for an extra price. So go for buying fresh vegetables in natural form rather than sealed bags of vegetables which have already been washed, cut and packed. Likewise avoid using prepared food and prepackaged meals.
6. Check Unit Prices
To get value for money always check the unit prices. It may happen that a unit price of a larger package may cost less but you are buying a smaller pack thinking it is cheap. So always check the unit prices as they show how much you are paying per unit of that item.
7. Prefer Bulk Buying
Look for items which cost less when you buy them in bulk. If you do a little search you get to find a lot of items which actually cost much less in bulk quantities. These items are nonperishable and can be easily frozen. So there is no danger of losing or spoiling them. Such items include laundry detergent, paper towels, batteries, rice, pulses, and even chicken breasts.
8. Looking up or down
Moreover, if you are shopping in a supermarket then develop the habit of looking down or slightly up rather than always looking at the eye level. Usually Name-brands which are expensive are all placed at the eye level and brands which are cheaper are placed comparatively down or up the row. So if you want to save a good amount of dollars on grocery items look down or slightly up.
9. Utilize Sales
Remember to shop when the grocery stores put up their weekly or monthly sales. This way you end up saving a good amount on your grocery items.
10. Use Coupons
Coupons can come handy when buying at grocery stores. They provide us with discounts and our total expenditure on grocery shopping can drop buy a good margin. But you should avoid making impulse purchases. So always have a shopping list with you before you use discount coupons.
On the whole, if you adopt the above measures on how to Save Money on Groceries you would surely end up saving a lot of your valuable money on the overall grocery expenditures month on month which you can ultimately save or utilize elsewhere.