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March 16, 2018Comments Closed

The Best Ways To Save Money On Food

Posted by:Bankruptcy Specialist onMarch 16, 2018

Most of us suffer through times in life where money is tight. Luckily for us, there are particular expenses that we can simply do away with, for instance cable television, gym memberships, and dining out at restaurants. On the contrary, there are other expenditures that we simply can’t avoid. Debt repayments, rent and school tuition are just a number of the mandatory expenses that are set and there’s not much we can do about it. Having said that, there is one necessary 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 range of ways in which we can all save on food expenses. Naturally, dining out at restaurants is much more expensive than eating at home, but I’m referring to saving money on your weekly food bills. You’ll be amazed at just how much money you can save by following some basic guidelines, so here are some simple tips that can save you thousands of dollars annually on your grocery bills.

Plan your meals and prepare a shopping list
Have you ever needed to throw out food because it’s past its expiration date? I know I have! By planning each meal of the week, you can make sure that you only spend money on food that is really needed. Look in your pantry to see 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.

A lot of us are guilty of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will considerably diminish 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 quickly and possibly eliminate a 2nd trip to the supermarket. And always go grocery shopping 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 kids are at school or in the evening when someone can keep an eye on them, you’ll save a significant amount of money. Not only can you shop quicker, but you don’t have to waste your energy by saying ‘NO’ to your kids every aisle. Typically this can become over-bearing, so a lot of people will give up here and there, and these needless products will build up throughout the year a lot more than you’d imagine.

Go shopping in the evening
Speaking of shopping at night, you’re likely to uncover the best prices at this time of day. Large supermarkets will typically discount goods when they’re overstocked, and perishable goods such as bread, fruit and vegetables will also likely to be discounted. While 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 careful though, you don’t want to purchase excessively and throw away food, but always bear in mind that you can cook meals and freeze them for a later time. Bread, butter, and cheese will last approximately three months in the freezer, and meat products will usually last up to six months. Just see to it that you have enough room in your freezer first!

Have a go at discounted supermarkets
Discounted supermarkets like Aldi will always have items that are much cheaper than the supermarket giants like Coles and Woolworths. Conversely, some goods will be more costly, so try finding bargains at discounted grocery stores prior to heading to your normal supermarket. Although you may not recognise some of the brands, the quality of the food is almost the same. The design 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 a terrific idea.

If you’re encountering financial difficulties, always keep in mind that there are simple ways to save a substantial amount of money on one of your largest costs. By making some small changes together with a dash of discipline, you could potentially save thousands of dollars each year on your grocery bills.

If you discover that your financial circumstance is still worsening, it’s always better to seek financial advice sooner rather than later. Talk with the professionals at Bankruptcy Maitland on 1300 818 575, or visit our website for additional financial advice:

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