All of us suffer through phases in life where money is tight. Thankfully for us, there are various expenses that we can quickly eliminate, for example cable TV, gym memberships, and eating out at restaurants. On the contrary, there are other expenses that we simply can’t avoid. Debt repayments, rent and school tuition are just some of the mandatory expenses that are set and there’s little we can do about it. Having said this, there is one necessary expense where we can all save a considerable amount of money; and that expense is food.
Having completed some research, I’ve discovered there are a range of ways in which we can all save on food expenses. Of course, eating out at restaurants is far more costly 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 following some helpful guidelines, so here are some simple tips that can save you thousands of dollars every year on your grocery bills.
Plan your meals and create a shopping list
Have you ever had to toss out food because it’s past its expiry date? I know I have! By planning each meal of the week, you can be sure that you only spend money on food that is really needed. Look in your kitchen to find what ingredients you presently have, which ingredients you need to buy, and create a list of all the ingredients you’ll need for the following week.
Most of us are regretful of impulse buying at the supermarket, so planning your meals and purchasing only the ingredients on your list will greatly minimise any impulse buying. Don’t forget to always keep a paper and pen in the kitchen, so when you run out of a certain ingredient, you can write it down immediately and most likely prevent a second trip to the supermarket. And always shop for food 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 in the evening when there’s someone to babysit them, you’ll save a significant amount of money. Not only can you shop faster, but you don’t have to waste your energy by saying ‘NO’ to your children every aisle. Generally this can be overwhelming, so lots of people will give in occasionally, and these unneeded items will accumulate over the year a lot more than you’d envision.
Go shopping at night
Speaking of shopping at night, you’re likely to come across the best prices at this time of day. Large grocery stores will normally discount items when they’re overstocked, and perishable goods such as bread, fruit and veggies will also likely to be discounted. Though it may sound a tad 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, especially on discounted items. Be careful though, you don’t want to purchase too much and throw away food, but always remember 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 products will normally last up to six months. Just ensure that you have enough room in your freezer first!
Have a go at discounted grocery stores
Discounted grocery stores like Aldi will always have items that are more affordable than the supermarket giants like Woolworths and Coles. Likewise, some items will be more expensive, so try finding bargains at discounted grocery stores before heading to your regular supermarket. Even though you may not recognise some of the brands, the quality of the food is essentially 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 an exceptional idea.
If you’re encountering financial difficulties, always remember that there are simple ways to save a considerable amount of money on one of your largest expenses. By making some modest adjustments as well as a dash of self-discipline, you can potentially save thousands of dollars every year on your grocery bills.
If you find that your financial condition is still worsening, it’s always better to seek financial advice sooner rather than later. Get in touch with the professionals at Bankruptcy Experts Kalgoorlie on 1300 795 575, or visit our website for additional financial advice: Bankruptcy Kalgoorlie