Saturday, March 21, 2015

Financial Planning – Saving On Your Grocery Expenses

A typical family spends hundreds of dollars on groceries each month, and most of us are looking for ways to get more for our food dollar. Here are simple but effective ways to save on groceries. From spending seasonally to buying in bulk, there are plenty of tried-and-true ways to save money on groceries.

1. Buy in bulk. Most food products are offered in different sizes, so the more you buy, the more you save.

2. Scour the weekly sales. Use the sale leaflets to develop your shopping lists and plan your menus around low cost items.

3. Do the calculations. Be sure to check the cost of items per weight or volume to see what the best deal truly is.

4. Shop seasonally from the neighborhood. Eating in-season products is not only healthy, it's also a great way to save money.

5. Become a member. Most large grocery stores have a membership program that proposes extra savings. In fact, occasionally you are required to be a member in order to take advantage of weekly sale items.

6. Make a list and stick to it. Planning a shopping list will help you home in on how much food you really need and avoid over-buying perishable items.

7. Know what to buy from where. By knowing which stores have the best prices on different classes of goods, you can create a shopping plan to maximize savings on every item.

8. Avoid packaged foods. The price of pre-made and packaged items can often be more than the cost of the ingredients required to make two or three of the same item.

9. Look away from eye level. Grocery stores place the highest priced items at eye level so that consumers can easily see them. Just by shifting your sight to the top or bottom shelves you can probably find alike products for lower prices.

10. Never shop hungry. When you're hungry everything looks good, and it's all too easy to grab everything you desire when you're frantic to eat.

11. Check the receipt. Always take a swift look at the receipt to make sure you are not charged for an analogous but more costly product.

12. Don’t take kids with you on shopping. Chances are that if you have kids, they will continuously ask for extra delicacies and grocery items.

13. Grow your own. From herbs, tomatoes to mushrooms and lettuce it's easy these days to find eatable plants and garden tools that anyone can maintain.

14. Get creative with leftovers. To cut down on waste, innovate or check out creative uses for leftovers to get the most out of your weekly meals.

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