|March 16, 2018||Comments Closed|
Most of us endure phases in life where money is tight. Luckily for us, there are several expenses that we can easily eliminate, for instance cable TV, gym memberships, and eating out at restaurants. On the contrary, there are other costs that we simply can’t avoid. Rent, debt repayments and school tuition are just a couple of the necessary expenses that are fixed and there’s very little we can do about it. Having said that, there is one necessary expense where we can all save a lot of money; and that expense is food.
Having performed some research, I’ve found there are a range of ways in which we can all save on food expenses. Naturally, dining out at restaurants is much more expensive than eating at home, but I’m referring to saving money on your weekly food bills. You’ll be shocked at just how much money you can save by following 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 prepare a shopping list
Have you ever had to throw out food because it’s past its expiry date? I know I have! By planning each meal of the week, you can ensure that you just spend money on food that is needed. Take a look in your kitchen to find 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 guilty of impulse buying at the supermarket, so planning your meals and sticking to the ingredients on your list will markedly decrease any impulse buying. Don’t forget to always keep a pen and paper in the kitchen, so when you run out of a certain ingredient, you can jot it down straight away and perhaps prevent a second trip to the supermarket. And always go grocery shopping on a full stomach!
Don’t bring your kids to the supermarket
In certain cases it can be tough to organise, but if you go grocery shopping when your kids are at school or in the evening when there’s someone to babysit them, you’ll save a considerable amount of money. Not only can you shop quicker, but you don’t need to waste your energy by saying ‘NO’ to your children every aisle. Often this can become over-bearing, so a lot of people will give up occasionally, and these unnecessary items will add up over the year much more than you’d imagine.
Shop at night
Speaking of shopping in the evening, you’re likely to find the best prices at this time of day. Big supermarkets will normally discount items when they’re overstocked, and perishable goods like bread, fruit and vegetables will also likely to be marked down. Although it may sound a little bit harsh 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, especially on discounted items. Be careful though, you don’t want to buy too much and throw away food, but always bear in mind that you can prepare meals and freeze them for later in the week (or month). Butter, cheese, and bread will last approximately three months in the freezer, and meat will typically last up to six months. Just ensure that you have enough room in your freezer first!
Have a go at discounted supermarkets
Discounted grocery stores like Aldi will always have items that are much cheaper than the supermarket giants like Coles and Woolworths. Likewise, some products will be more costly, so try finding bargains at discounted supermarkets before visiting your usual supermarket. Though you may not recognise some of the brands, the quality of the food is practically the same. The structure is also different, so it may take a bit of getting used to, but if you wish to save money on food then this is an exceptional idea.
If you’re dealing with financial problems, always remember that there are basic ways to save a considerable amount of money on one of your biggest expenditures. By making some minor adjustments along with a dash of self-discipline, you can potentially save thousands of dollars each year on your grocery bills.
If you discover that your financial condition is still worsening, it’s always better to seek financial advice sooner rather than later. Talk with the specialists at Bankruptcy Experts Bendigo on 1300 795 575, or visit our website for additional financial advice: www.bankruptcyexpertsbendigo.com.au