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March 16, 2018 Comments Closed

Ways To Save Money On Food

Posted by:Bankruptcy Specialist onMarch 16, 2018

All of us endure periods in life where money is tight. Fortunately for us, there are certain expenses that we can easily do away with, such as cable television, gym memberships, and eating out at restaurants. On the contrary, there are other costs that we simply can’t avoid. Rent, debt repayments and school tuition are just a couple of the mandatory expenses that are set and there’s very little we can do about it. Having said this, there is one necessary expense where we can all save a good deal of money; and that expense is food.

Having completed some research, I’ve found there are a multitude of ways in which we can all save on food expenses. Naturally, dining out at restaurants is much more costly than eating at home, but I’m talking about saving money on your weekly food bills. You’ll be delighted at just how much money you can save by adopting some general guidelines, so here are some helpful tips that can save you thousands of dollars annually on your grocery bills.

Plan your meals and prepare 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 make sure that you just spend money on food that is needed. Look in your pantry to find what ingredients you already have, which ingredients you need to buy, and write a list of all the ingredients you’ll need for the next week.

Most of us are guilty of impulse buying at the grocery store, so planning your meals and buying only the ingredients on your list will markedly 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 immediately and most likely prevent a second trip to the supermarket. And always shop for groceries on a full stomach!

Don’t bring your kids to the grocery store
In certain cases it can be tricky to organise, but if you go grocery shopping when your children go to school or in the evening when there’s somebody to babysit them, you’ll save loads of money. Not only can you shop more quickly, but you don’t have to drain your energy by saying ‘NO’ to your children every aisle. Usually this can become overwhelming, so lots of people will give in here and there, and these unnecessary products will aggregate over the year far more than you’d imagine.

Go shopping in the evening
Speaking of shopping in the evening, you’re likely to uncover the best prices at this time of day. Big supermarkets will frequently discount items when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be marked down. Even though it may sound a bit cruel 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, particularly on discounted items. Be cautious though, you don’t want to purchase excessively and waste food, but always remember that you can prepare meals and freeze them for later in the week (or month). Cheese, bread, and butter will keep as much as three months in the freezer, and meat products will normally last up to six months. Just be sure you have enough room in your freezer first!

Have a go at discounted supermarkets
Discounted supermarkets like Aldi will always have products that are more affordable than the supermarket giants like Coles and Woolworths. Conversely, some goods will be more expensive, so try finding bargains at discounted grocery stores prior to visiting your regular supermarket. Although you may not recognise some of the brands, the quality of the food is virtually 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 terrific idea.

If you’re encountering financial problems, always remember that there are straightforward ways to save a considerable amount of money on one of your largest costs. By making some minor adjustments in conjunction with a dash of discipline, you could potentially save thousands of dollars yearly 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. Talk with the professionals at Bankruptcy Mildura on 1300 818 575, or visit our website for more financial advice: http://www.bankruptcy-mildura.com.au/

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