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March 16, 2018Comments Closed

How You Can Save Money On Food

Posted by:Bankruptcy Specialist onMarch 16, 2018

All of us pass through times in life where money is tight. Luckily for us, there are a number of expenses that we can simply do away with, for example cable television, gym memberships, and eating out at restaurants. Despite this, 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 this, there is one mandatory expense where we can all save a lot of money; and that expense is food.

Having carried out some research, I’ve found there are a range of ways in which we can all save on food expenses. Needlessly to say, eating out at restaurants is much more costly than eating at home, but I’m referring to saving money on your weekly food bills. You’ll be delighted at just how much money you can save by sticking to some helpful guidelines, so here are some helpful tips that can save you thousands of dollars every year on your grocery bills.

Plan your meals and write 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 ensure that you only spend money on food that is really needed. Have a look in your pantry to find what ingredients you already 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 purchasing only the ingredients on your list will markedly diminish any impulse buying. Remember to always keep a paper and pen in the kitchen, so when you run out of a specific ingredient, you can write it down immediately and potentially eliminate a 2nd trip to the grocery store. And always shop for groceries on a full stomach!

Don’t bring your kids to the grocery store
In certain cases it can be difficult to organise, but if you go grocery shopping when your kids are at school or at night when someone can watch them, you’ll save a considerable amount of money. Not only can you shop a lot quicker, but you don’t need to waste your energy by saying ‘NO’ to your children every aisle. Often this can be overpowering, so a lot of people will give up occasionally, and these needless items will aggregate throughout the year far more than you’d imagine.

Go shopping at night
Speaking of shopping in the evening, you’re most likely to uncover the best prices at this time of day. Large grocery stores will typically discount items when they’re overstocked, and perishable goods like bread, fruit and veggies will also likely to be marked down. Though it may seem a bit harsh 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 waste food, but always bear in mind that you can prepare meals and freeze them for a later time. Bread, butter, and cheese will keep around three months in the freezer, and meat will normally last up to six months. Just see to it that you have enough room in your freezer first!

Try discounted grocery stores
Discounted supermarkets such as Aldi will always have goods that are cheaper than the supermarket giants like Woolworths and Coles. However, some products will be more costly, so try finding bargains at discounted grocery stores before visiting your normal grocery store. While you may not recognise some of the brands, the quality of the food is just about the same. The design 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 a fantastic idea.

If you’re encountering financial challenges, always keep in mind that there are useful ways to save a considerable amount of money on one of your largest expenditures. By making some small adjustments coupled with a dash of self-discipline, you could potentially save thousands of dollars yearly on your grocery bills.

If you discover that your financial situation is still worsening, it’s always better to seek financial guidance sooner rather than later. Speak to the professionals at Bankruptcy Wagga Wagga on 1300 818 575, or visit our website for more financial advice: http://www.bankruptcy-waggawagga.com.au/

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