|March 16, 2018||Comments Closed|
We all go through phases in life where money is tight. Thankfully for us, there are particular expenses that we can simply do away with, for example cable TV, gym memberships, and dining out at restaurants. On the contrary, there are other expenditures that we simply can’t avoid. Rent, debt repayments and school fees are just a couple of the mandatory expenses that are set 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 performed some research, I’ve found there are a number of ways in which we can all save on food expenses. Needlessly to say, eating out at restaurants is far more expensive than eating at home, but I’m talking about saving money on your weekly food bills. You’ll be shocked at just how much money you can save by sticking to some helpful guidelines, so here are some useful tips that can save you thousands of dollars each year on your food bills.
Plan your meals and create a shopping list
Have you ever needed to throw away food simply because it’s past its expiration date? I know I have! By planning every meal of the week, you can ensure that you just spend money on food that is needed. Take a look in your pantry to find what ingredients you presently have, which ingredients you have to buy, and prepare a list of all the ingredients you’ll need for the coming week.
Many of us are guilty of impulse buying at the grocery store, so planning your meals and buying only the ingredients on your list will greatly minimise any impulse buying. Remember to always keep a paper and pen in the kitchen, so when you run out of a specific ingredient, you can write it down immediately and potentially avoid a 2nd trip to the grocery store. And always go grocery shopping on a full stomach!
Don’t bring your children to the supermarket
In some cases it can be hard to organise, but if you go grocery shopping when your children go to school or at night when someone can watch them, you’ll save a considerable amount of money. Not only can you shop faster, but you don’t have to waste your energy by saying ‘NO’ to your children every aisle. Often this can be frustrating, so lots of people will give up here and there, and these needless items will build up throughout the year a lot more than you’d imagine.
Shop at night
Speaking of shopping at night, you’re most likely to find the best prices at this time of day. Large grocery stores will typically discount products when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be marked down. While it may seem a little bit 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, particularly on discounted items. Be cautious though, you don’t want to purchase excessively and throw away food, but always keep in mind that you can cook meals and freeze them for a later time. Butter, cheese, and bread will keep approximately three months in the freezer, and meat products will normally last up to six months. Just ensure that you have enough room in your freezer first!
Have a go at discounted grocery stores
Discounted grocery stores such as Aldi will always have items that are more affordable than the supermarket giants like Coles and Woolworths. Conversely, some products will be more expensive, so try finding bargains at discounted grocery stores before visiting your usual supermarket. 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 encountering financial difficulties, always remember that there are useful ways to save a significant amount of money on one of your largest expenditures. By making some small changes coupled with a dash of self-discipline, you can potentially save thousands of dollars annually on your grocery bills.
If you find that your financial position is still worsening, it’s always better to seek financial guidance sooner rather than later. Phone the professionals at Bankruptcy Bendigo on 1300 818 575, or visit our website for more financial advice: https://www.bankruptcy-bendigo.com.au/