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June 20, 2018Comments Closed

The Best Ways To Save Money On Food

Posted by:Bankruptcy Specialist onJune 20, 2018

 

All of us pass through stages in life where money is tight. Fortunately for us, there are a few expenses that we can readily do away with, such as cable TV, gym memberships, and eating out at restaurants. Despite this, there are other costs that we simply can’t avoid. Rent, debt repayments and school fees are just a couple of the necessary expenses that are set and there’s very little we can do about it. Having said that, there is one mandatory expense where we can all save a lot of money; and that expense is food.

Having carried out some research, I’ve discovered there are a variety of ways in which we can all save on food expenses. Of course, dining 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 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 every year on your grocery bills.

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

Many of us are regretful of impulse buying at the grocery store, so planning your meals and buying only the ingredients on your list will substantially minimise any impulse buying. Remember to always keep a paper and pen in the kitchen, so when you run out of a specific ingredient, you can write it down instantly and perhaps eliminate a second trip to the grocery store. And always shop for groceries on a full stomach!

Don’t bring your children to the supermarket
Often times it can be tough to organise, but if you go grocery shopping when your kids are at school or at night when there’s someone to keep an eye on them, you’ll save a significant amount of money. Not only can you shop a lot quicker, but you don’t need to exhaust your energy by saying ‘NO’ to your kids every aisle. Generally this can be overwhelming, so a lot of people will give up here and there, and these nonessential items will aggregate over the year far more than you’d envision.

Shop at night
Speaking of shopping in the evening, you’re most likely to stumble on the best prices at this time of day. Large grocery stores will normally discount goods when they’re overstocked, and perishable goods such as bread, fruit and veggies will also likely to be marked down. 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 cautious though, you don’t want to purchase too much and waste food, but always keep in mind that you can prepare meals and freeze them for a later time. Bread, butter, and cheese will keep as much as three months in the freezer, and meat will typically last up to six months. Just make sure you have enough room in your freezer first!

Have a go at discounted supermarkets
Discounted grocery stores like Aldi will always have goods that are cheaper than the supermarket giants like Woolworths and Coles. On the contrary, some goods will be more expensive, so try finding bargains at discounted supermarkets prior to visiting your usual grocery store. Though you may not recognise some of the brands, the quality of the food is practically 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 going through financial difficulties, always keep in mind that there are useful ways to save a considerable amount of money on one of your largest costs. By making some minor adjustments as well as a dash of self-discipline, you can potentially save thousands of dollars annually 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. Contact the specialists at Bankruptcy Tablelands on 1300 818 575, or visit our website for more financial advice: http://www.bankruptcy-tablelands.com.au/

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