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March 16, 2018Comments Closed

How You Can 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 several expenses that we can quite easily eliminate, for instance cable television, gym memberships, and eating out at restaurants. On the contrary, there are other costs that we simply can’t avoid. Debt repayments, rent and school fees are just some of the mandatory expenses that are fixed and there’s not much 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 undertaken some research, I’ve discovered there are a number of ways in which we can all save on food expenses. Certainly, dining out at restaurants is much more expensive than eating at home, but I’m talking about saving money on your weekly grocery bills. You’ll be astounded at just how much money you can save by adopting some practical guidelines, so here are some helpful tips that can save you thousands of dollars every year on your food bills.

Plan your meals and create a shopping list
Have you ever needed to toss out food because it’s past its expiry 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 really needed. Have a look in your pantry to find what ingredients you currently have, which ingredients you need to buy, and write a list of all the ingredients you’ll need for the following week.

Many of us are guilty of impulse buying at the grocery store, so planning your meals and sticking to the ingredients on your list will significantly diminish any impulse buying. Don’t forget to always keep stationary in the kitchen, so when you run out of a particular ingredient, you can write it down immediately and perhaps eliminate a 2nd trip to the supermarket. And always shop for groceries on a full stomach!

Don’t bring your children to the grocery store
Occasionally it can be tricky to organise, but if you go grocery shopping when your children are at school or at night when there’s someone to watch them, you’ll save a great deal of money. Not only can you shop faster, but you don’t need to drain your energy by saying ‘NO’ to your kids every aisle. Often this can become overpowering, so many people will give up occasionally, and these unwanted items 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 more than likely to spot the best prices at this time of day. Big supermarkets will normally discount goods when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be marked down. While it may seem 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 careful though, you don’t want to buy excessively and waste food, but always bear in mind that you can cook meals and freeze them for later in the week (or month). Cheese, butter, and bread will keep about three months in the freezer, and meat products will typically last up to six months. Just see to it that you have enough room in your freezer first!

Try discounted grocery stores
Discounted supermarkets like Aldi will always have goods that are less costly than the supermarket giants like Coles and Woolworths. On the contrary, some products will be more costly, so try finding bargains at discounted grocery stores before heading to your usual grocery store. While you may not recognise some of the brands, the quality of the food is just about the same. The design 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 encountering financial issues, always keep in mind that there are easy ways to save a considerable amount of money on one of your biggest expenses. By making some modest changes coupled with a dash of discipline, you could potentially save thousands of dollars yearly 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. Get in touch with the professionals at Bankruptcy Geraldton on 1300 818 575, or visit our website for additional financial advice: http://www.bankruptcy-geraldton.com.au/

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