A hefty food bill can have a huge impact on your finances.
Being a little bit crafty will help increase your disposable income and increase your savings. In this article, we will go over smart ways to save money on groceries, fill up your cart with the things you need, and not spend a small fortune. And you don’t have to use coupon clipping services.
It might allow you to enjoy eating out more or get you a little bit closer to that two month trip to South America!
Here are six ways to reduce your food budget and start being more frugal.
Want free money?
1. Planning is the Key to Success
It might seem simple but planning your meals and writing a shopping list is one of the best ways to save on your food shop.
Knowing what you need to make your meals for the week, means you don’t end up buying unnecessary food.
It also means you check your cupboards at home to see what you need to purchase. It’s easy to double up on an item, which is a completely pointless expense (especially when it’s something you rarely use).
Writing a list means you aren’t wandering around the shop and succumbing to offers and deals you didn’t go out for.
If you’re really into this, you can have a list of contents on the doors of your cupboards; then you know exactly what you have or haven’t got at a glance.
2. See a Bargain? Go For It!
Sometimes all the planning in the world can be fruitless if that one lettuce you need is $6.99.
When you head to the supermarket take note of what fruit and vegetables are on sale. Most likely it will be things that are in season and in excessive.
Notice that 1 kg of pumpkin is only $.50? Why not grab a couple, vegetables can be so diverse and used in so many different recipes.
It might be just pumpkin soup or you can get create and make things like pumpkin cornbread, pumpkin, beef, and black bean chili or pumpkin cannelloni.
You might also see an abundance of cabbage or corn. You can use your natural gas smoker to preserve these foods and enjoy them at a later time. Saving you tones of money down the track.
3. Don’t Be Afraid of Budget Supermarkets
Budget supermarkets are a sure-fire way to reduce your food budget with limited hassle. The great thing about them is they only have one option, and you either take it or leave it.
There’s no opportunity to be taken in by higher-priced or branded products like in a normal supermarket, as they just aren’t available.
Because these shops aren’t so concerned about your shopping experience, it means your food shop costs less – this is a small price to pay when it comes to reducing your food spend.
4. Set a Budget and Stick to It
Setting yourself a food budget is a good way of giving you something to work towards.
Look at what you are spending on food on a weekly basis and set yourself a reduced (but reasonable) budget to work with each week.
Setting your budget too low will just set you up for failure, so make sure you aren’t too hard on yourself!
You will be so pleased with yourself when you come in on budget, or even better – under budget!
You can make it into a challenge to see how low you can get your weekly food spend.
Want free money?
5. Avoid Big Brands
Still unsure of how to reduce your grocery bill dramatically? Consider buying unbranded or own-brand products as it is an excellent way of reducing your food budget.
The products are often just as good (if not better) and you won’t be disappointed when you swap your branded condiments, snacks and packets for an own-brand option.
When you compare the price of your branded and unbranded products when you are next in the shop, you might be surprised to see how much more expensive they are.
6. Calculate Your Food Shop as You Go
It’s easy to place food in your basket and have no idea how much your shop will cost when you get to the checkout.
Adding up as you go is a great way to keep track of your spend; you can do this with a calculator or on your phone.
There’s also a benefit to online food shopping here, as you can see how much you have spent before you pay.
You then have the option to go back to your basket and remove things and change them for alternatives.
7. Use Grocery Cash Back Apps
When learning how to reduce your grocery bill dramatically, cash back apps are a must. What is a cash back, you might ask? It is a financial refund which you receive after making a certain purchase.
Want free money?Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $150 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.
Download the free Ibotta app to make money off your grocery receipts. You can usually get $1 to $5 back on every grocery run. There is also a $10 welcome bonus for those who register for the first time. With Ibotta, you can earn real cash back every time you shop online or in-store. Simply check Ibotta before you shop in-store or online, travel, dine out, or make a purchase in your favorite apps, and you can get rewarded with cash back. Ibotta works with leading brands and retailers, including Best Buy, Lowe’s, Safeway, eBay, and all major grocery stores, to help you save money without the hassle of traditional coupons, or promo codes.
The Bottom Line
Once you implement a few of these money saving hacks you will notice the savings rolling in. Soon it will become a habit and you will notice that your surplus will allow indulging in more holidays or lovely meals out with your friends and family. Do you know any other tricks to cut your grocery bill and still be healthy?
If you looking for more easy ways to save money you can check out this article: 10 Easy Ways to Save Money Today
The Best Apps to Save You Real Money
We are on our phone a lot, right? Wouldn't it make sense to save money with the best money saving apps?
|App||At a glance||download|
Get a $100 bonus at Aspiration when you open and fund an account with $10 or more. Then use your Aspiration debit card to make at least $1,000 worth of cumulative transactions within 60 days of account opening.
|CLAIM $100 BONUS|
Open a new account in the next 24 hours and you could get up to $200 in free stock.
|CLAIM FREE STOCK|
This free app delivers on its promise to save you money effortlessly. You can use it to lower your bills, cancel unwanted subscriptions and bill negotiations.
|SLASH YOUR BILLS|
Leave your family $1M. Who doesn’t want to be a millionaire? While we don’t all have trust funds waiting for us, there is still a way to provide protection for your loved ones with up to $1 million in term life insurance. You could do this for as little as $8 a month by getting a free quote from Bestow.