Want to know the secrets to save money on groceries. (Spoiler–It’s not always using coupons!) These 5 simple strategies & tips can save you hundreds each month on the food your family already buys.
Save Money on Groceries
If you are looking for tips on how to save money on groceries, we have some amazing tips that are going to help you cut your grocery bill each week. I have been featured in the past on our local Fox23 news station as shown below, and while this is from some time back, the principles still apply today.
5 Tips For How To Save Money On Groceries
As mentioned in the video, I have 5 great and easy to use methods of how to save money on groceries. You won’t have to be scrambling each week to feed your family, nor will you be always eating things like rice and beans. These tips can make a huge difference in your grocery budget, and thus your overall household budget.
Make a list
One thing I was taught even as a child about how to save money on groceries was to always go to the store with a list in hand. Before heading to the store, write out a list of all the items you are going to need for the next week.
Don’t just jot down a few things you know you will use. Write out a full inventory list. Go through your cabinets and open that fridge. Take the time to make sure you don’t already have the item in your pantry, and also double check those regularly used items. If you use a menu plan, go over the ingredients needed and verify what should be added to your list. There is a statistic out there that states “if you walk into a store with no list or a partial list expect to spend 60 percent more then your budget for”. It is also important to stick with your list. Avoid the temptation of buying any extra items that are not on your list. Stick with your needs and not your wants.
There is a statistic out there that states “if you walk into a store with no list or a partial list expect to spend 60 percent more than you budgeted for”. It is also important to stick with your list. Avoid the temptation of buying any extra items that are not on your list. Stick with your needs and not your wants.
Use your Store Loyalty cards
Love them or hate them, card-carrying members receive incentives such as lower-priced items while shopping at the store. Keep in mind that stores track your purchases and will reward their members with mailed coupons and store published magazines based on your spending habits. Other rewards associated with loyalty cards are family, baby and pet clubs. Ask at your local grocery or market about their loyalty card offers.
Take advantage of coupons
If you are really looking for how to save on groceries, then don’t shy away from the Sunday paper, 75 percent of grocery coupons come from the newspaper. Clipping coupons may seem like a lot of extra work, but it doesn’t have to be and can save you money. An investment of 20 to 30 minutes each week can help save you as much as $40 or more on your weekly grocery bill.
Coupons can also be found online. Many stores are now offering electronic coupons that go directly onto your store loyalty card. Do not forget to check out social media sites as well. Your favorite brand name companies are out there follow them on Facebook and Twitter. Companies they love to reward their fans with coupons.
Invest in a simple coupon binder or filing system. This will help you stay organized week to week making it easier to manage when making your grocery list and comparing prices.
Stock up on sale items
When you see an item on special that you use regularly, or a savings is featured with your loyalty card and you have a coupon, stock up. Loss leaders in stores are often at bottom prices and are a great way to stock up on items you use regularly without paying full price.
Know your Prices
It is important to know the actual prices of products you shop for. The goal is to buy primarily sale items and use a coupon. Purchase enough to last until the next sale. Particular items will be offered for sale every eight to twelve weeks. Others will go on sale every six weeks. Creating a price book for your favorite stores with a list of shelf prices on your regular items can help you know the best places to shop for the best deals when you have a coupon.
The average shopper can save at least $1,000 a year by spending just 20 to 30 minutes a week by compiling a grocery list, seeking coupons & deals. How much you save depends on the effort you put into it. If you are serious about knowing how to save on groceries, these tips are ideal for keeping you on track with your budget.