All of us experience periods in life where money is tight. Thankfully for us, there are several expenses that we can readily do away with, for example cable TV, gym memberships, and eating out at restaurants. Despite this, there are other expenditures that we simply can’t avoid. Rent, debt repayments and school fees are just a number of the mandatory expenses that are fixed and there’s very little we can do about it. Having said that, there is one mandatory expense where we can all save a great deal of money; and that expense is food.
Having undertaken some research, I’ve discovered there are a range of ways in which we can all save on food expenses. Of course, 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 delighted at just how much money you can save by following some practical guidelines, so here are some quick tips that can save you thousands of dollars annually on your food bills.
Plan your meals and write a shopping list
Have you ever had to toss out food because it’s past its expiration date? I know I have! By planning each meal of the week, you can be sure that you only spend money on food that is really needed. Take a look in your kitchen to find what ingredients you presently have, which ingredients you have to buy, and write a list of all the ingredients you’ll need for the following week.
The majority of us are regretful of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will considerably lessen 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 straight away and perhaps prevent a 2nd trip to the supermarket. And always shop for food on a full stomach!
Don’t bring your kids to the supermarket
At times it can be tricky to organise, but if you go grocery shopping when your kids go to school or in the evening when someone can keep an eye on them, you’ll save a great deal of money. Not only can you shop faster, but you don’t have to waste your energy by saying ‘NO’ to your kids every aisle. Usually this can become over-bearing, so many people will give up here and there, and these excessive items will aggregate throughout the year a lot more than you’d imagine.
Go shopping at night
Speaking of shopping in the evening, you’re most likely to uncover the best prices at this time of day. Large grocery stores will frequently discount products when they’re overstocked, and perishable goods such as bread, fruit and veggies will also likely to be discounted. While it may sound a tad 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, especially on discounted items. Be careful though, you don’t want to purchase excessively and waste food, but always bear in mind that you can cook meals and freeze them for a later time. Cheese, butter, and bread will keep approximately three months in the freezer, and meat will generally last up to six months. Just ensure that you have enough room in your freezer first!
Have a go at discounted grocery stores
Discounted supermarkets like Aldi will always have products that are cheaper than the supermarket giants like Woolworths and Coles. Nevertheless, some items will be more expensive, so try finding bargains at discounted grocery stores prior to visiting your regular grocery store. Even though you may not recognise some of the brands, the quality of the food is roughly 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 fantastic idea.
If you’re dealing with financial troubles, always bear in mind that there are useful ways to save a lot of money on one of your biggest expenditures. By making some modest adjustments in conjunction with a dash of discipline, you can potentially save thousands of dollars each year on your grocery bills.
If you find that your financial circumstance is still worsening, it’s always better to seek financial guidance sooner rather than later. Contact the specialists at Bankruptcy Experts Alice Springs on 1300 795 575, or visit our website for additional financial advice: www.bankruptcyexpertsalicesprings.com.au