March 16, 20180

Tips On How To Save Money On Food

Posted by:Bankruptcy Specialist onMarch 16, 2018

Most of us suffer through stages in life where money is tight. Thankfully for us, there are a few expenses that we can simply eliminate, such as cable television, gym memberships, and eating out at restaurants. On the other hand, there are other expenditures that we simply can’t avoid. Rent, debt repayments and school fees are just some of the mandatory expenses that are set and there’s not much we can do about it. Having said this, there is one mandatory expense where we can all save a considerable amount of money; and that expense is food.

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

Plan your meals and prepare a shopping list
Have you ever needed to throw out food simply because it’s past its expiration date? I know I have! By planning every meal of the week, you can be sure that you just spend money on food that is needed. Look in your pantry to see what ingredients you presently have, which ingredients you have to buy, and create a list of all the ingredients you’ll need for the upcoming week.

Most of us are regretful of impulse buying at the grocery store, so planning your meals and purchasing only the ingredients on your list will markedly reduce any impulse buying. Don’t forget to always keep a paper and pen in the kitchen, so when you run out of a particular ingredient, you can jot it down straight away and perhaps prevent a second trip to the grocery store. And always go grocery shopping on a full stomach!

Don’t bring your children to the grocery store
In some cases it can be difficult to organise, but if you go grocery shopping when your kids go to school or in the evening when there’s someone to babysit them, you’ll save loads of money. Not only can you shop a lot quicker, but you don’t need to waste your energy by saying ‘NO’ to your kids every aisle. Often this can be over-bearing, so lots of people will give in occasionally, and these needless products will accumulate over the year far more than you’d envision.

Shop in the evening
Speaking of shopping at night, you’re most likely to uncover the best prices at this time of day. Big supermarkets will normally discount products when they’re overstocked, and perishable goods like bread, fruit and veggies will also likely to be marked down. Although it may seem a tad cruel 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 cautious though, you don’t want to purchase too much and waste food, but always remember that you can cook meals and freeze them for later in the week (or month). Butter, bread, and cheese will keep around three months in the freezer, and meat will typically last up to six months. Just ensure you have enough room in your freezer first!

Try discounted supermarkets
Discounted grocery stores like Aldi will always have items that are much cheaper than the supermarket giants like Coles and Woolworths. Nevertheless, some items will be more expensive, so try finding bargains at discounted supermarkets prior to heading to your regular supermarket. Though you may not recognise some of the brands, the quality of the food is essentially the same. The design is also different, so it may take a bit of getting used to, but if you wish to save money on food then this is a superb idea.

If you’re experiencing financial challenges, always bear in mind that there are useful ways to save a substantial amount of money on one of your largest expenditures. By making some modest changes along with a dash of self-discipline, you could potentially save thousands of dollars annually on your grocery bills.

If you discover that your financial condition is still worsening, it’s always better to seek financial guidance sooner rather than later. Get in contact with the professionals at Bankruptcy Cassowary Coast on 1300 818 575, or visit our website for additional financial advice:

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