March 16, 2018Comments Closed

Tips On How To Save Money On Food

Posted by:Bankruptcy Specialist onMarch 16, 2018

Bankrupt Bundaberg,Bankruptcy Bundaberg,Insolvency Bundaberg

All of us suffer through periods in life where money is tight. Luckily for us, there are a few expenses that we can quickly do away with, for instance cable television, gym memberships, and dining out at restaurants. On the contrary, 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 fixed and there’s little we can do about it. Having said this, 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. Obviously, eating out at restaurants is far more costly than eating at home, but I’m referring to saving money on your weekly grocery bills. You’ll be shocked at just how much money you can save by sticking to some helpful guidelines, so here are some simple tips that can save you thousands of dollars annually on your food bills.

Plan your meals and create a shopping list
Have you ever needed to throw out food because it’s past its expiry 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 kitchen 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 next week.

A lot 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 lessen any impulse buying. Don’t forget to always keep a pen and paper in the kitchen, so when you run out of a specific ingredient, you can write it down straight away and potentially avoid a 2nd trip to the supermarket. And always shop for food on a full stomach!

Don’t bring your kids to the supermarket
Sometimes it can be tough to organise, but if you go grocery shopping when your children are at school or at night when there’s somebody to keep an eye on them, you’ll save heaps 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. Quite often this can become overpowering, so lots of people will give up occasionally, and these unwanted products will aggregate over the year much more than you’d envision.

Go shopping in the evening
Speaking of shopping at night, you’re most likely to come across the best prices at this time of day. Large grocery stores will regularly discount goods when they’re overstocked, and perishable goods like bread, fruit and veggies will also likely to be marked down. Though it may sound a little bit 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, particularly on discounted items. Be careful though, you don’t want to purchase too much and throw away food, but always remember that you can cook meals and freeze them for later in the week (or month). Bread, butter, and cheese will keep up to 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!

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

If you’re experiencing financial problems, always remember that there are simple ways to save a great deal of money on one of your biggest expenditures. By making some modest changes 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 situation is still worsening, it’s always better to seek financial guidance sooner rather than later. Get in touch with the specialists at Bankruptcy Bundaberg on 1300 818 575, or visit our website for more financial advice:

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