Tips On How To Save Money On Food
We all pass through periods in life where money is tight. Thankfully for us, there are specific expenses that we can quickly do away with, like 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 not much we can do about it. Having said that, 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. Needlessly to say, 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 surprised at just how much money you can save by sticking to some general guidelines, so here are some useful tips that can save you thousands of dollars every year on your food 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 each meal of the week, you can ensure that you just spend money on food that is really needed. Have a look in your pantry to see what ingredients you already have, which ingredients you have to buy, and prepare a list of all the ingredients you’ll need for the upcoming week.
Most of us are regretful of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will significantly diminish any impulse buying. Don’t forget to always keep stationary in the kitchen, so when you run out of a certain ingredient, you can write it down quickly and most likely avoid 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 some cases it can be difficult to organise, but if you go grocery shopping when your children go to school or at night when somebody can watch them, you’ll save a significant amount of money. Not only can you shop a lot quicker, but you don’t need to drain your energy by saying ‘NO’ to your children every aisle. Typically this can become frustrating, so a lot of people will give in occasionally, and these excessive items will accumulate throughout the year a lot more than you’d envision.
Shop at night
Speaking of shopping at night, you’re more than likely to stumble on the best prices at this time of day. Big supermarkets will often discount products when they’re overstocked, and perishable goods like bread, fruit and veggies will also likely to be discounted. While it may sound 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 excessively and throw away food, but always bear in mind that you can cook meals and freeze them for a later time. Cheese, bread, and butter will last about 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 like Aldi will always have items that are less costly than the supermarket giants like Woolworths and Coles. However, some goods will be more costly, so try finding bargains at discounted grocery stores before heading to your usual grocery store. Although 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 need to save money on food then this is a terrific idea.
If you’re experiencing financial difficulties, always bear in mind that there are useful ways to save a considerable amount of money on one of your biggest expenses. By making some modest adjustments as well as a dash of discipline, you can potentially save thousands of dollars each year on your grocery bills.
If you find that your financial circumstance is still worsening, it’s always better to seek financial advice sooner rather than later. Talk with the specialists at Bankruptcy Experts Wollongong on 1300 795 575, or visit our website for more financial advice: www.bankruptcyexpertswollongong.com.au