How To Save Tons Of Money On Groceries 6 Easy Tips!

color-diet-food-255501-2

I remember being a kid and my mom dragging me around town to 3 or 4 different stores hunting for a deal. She was so knowledgeable on what things cost and what was expensive, I can still envision her picking up an item at the store, furrowing her brown in complete disgust and saying, “oh no this I too expensive.” Or embarrassing me by haggling aggressively with the cashier, insisting that the orange juice was $.50 less.

Even now when she stays over to help me with my kids, the first thing she does is ask whether I need groceries. She definitely loves saving and helping others save. Considering groceries make up a major expense right after mortgage/rent and transit, saving groceries and saving money on food shopping is big deal. It’s a controllable expense that fluctuates.

So here are our best tips on saving:

Price comparison shopping

The key is to know what’s on the market that week. The best way to find out is through the circular or save on food weekly flyer. You usually get the weekly circular on Sunday in the Pennysaver. Nowadays most stores also post it online. She’d get CVS, Walgreens, and a bunch of local supermarket circulars and compare pricing. I was never really that great at this since you need a strong memory to write down the lowest price and where the item you want to buy is. She would compare 4-5 stores and just know which one had the best sale.

Her keychain is full of those shopper club cards. Her goal is to get those in store discounts. She signs up for all of them. So after combing through each and every circular, determining what to buy from each store and creating a list, she sets out to make her purchase. There’s no greater satisfaction than swiping your shopper club card at the register and seeing all the saving deducted from your total. She can easily save $10-$15 by comparison shopping. My mom even goes as far as returning items, if she finds out another place offers a better deal. It’s one of the best ways to save money grocery shopping.

Couponing

Couponing is another way to save on groceries if you’re able to do it consistently. The weekend Pennysaver would include the PG saver which included exclusive coupons from Proctor Gamble. She would collect all her manufacturers coupons and keep it in a binder organized in folders by expiration date and ALWAYS remember to use them before that date. You can find most of these coupons online too. Checkout these websites for grocery coupons, just click and print.

https://www.coupons.com

https://www.pgeveryday.com/offers

https://www.retailmenot.com

My mom also knew which stores would double coupons, meaning the actual store would match the coupons savings. That way she could double the savings. If you’re unsure of which stores do this just ask at the register.

Some pitfalls to couponing would be buying more than you need or buying things you didn’t need just because you had a free coupon. I remember eating the most random food because she had a coupon for it. It would sit in our refrigerator because no one wanted to eat it. Or we would have stocked up on certain items because she had several coupons for them and they go bad or expire before they’re used. You kind of have to keep an eye to avoid wastefulness and not get too coupon happy for things you don’t need.

Shop off brand

For things you don’t have coupons for, you can always shop off brand to save here and there. Things like cereal, ice-cream, household products etc. My Husband hates when I shop off brand. There’s always been an association that off brand items are lessor quality and that’s not necessarily true. A lot of them are of equal quality to the branded items. Really, they are the same but something like Frosted Flakes has gone through a lot of marketing to make it more profitable but also more expensive. And even if it is a little lesser quality, you generally get more quantity for what you pay for. Considering how much less off brand is, buying it consistently will save you a lot over time.

Bulk Shopping

I love Cosco and BJs. Buying in bulk is literally my favorite thing to do. I can get lost in those stores. For a small membership ($59) a year, you can buy wholesale size everything. I really don’t think you can ever have too many paper towels and toilet paper. Usually the wholesale shopper clubs also have the monthly coupon books, so between the coupons and the wholesale value, there’s a lot of savings to be had. One caveat is that you can easily find yourself overbuying or buying things you don’t need at these stores. Self control and budgeting is a must. Besides that, definitely a good option to shop non-perishables.

Subscription purchases

I love Amazon a little too much and am part of their prime membership like most people. Recently they launched a subscription service for repeat purchases. Certain household items you can buy in repeat with a 5% discount. If a shipping order has 5 items that you subscribed to, then you get 15% off. For baby items ??, you get 20% off if they are in a shipment with 5 other subscription. So I pretty much use this service for most of my household stuff, dish detergent, lotion, shaving cream, baby wipes etc. And considering that Amazon pricing is already competitive, these subscription prices are basically a steal. The subscription order comes once a month and you can adjust how often the products come, whether they come every month or every 2 months, etc. I absolutely love this service and would highly recommend it for moms unable to make it to Target or Cosco.  Click the link below to try a 30 day trial and get started on subscriptions.

Meal planning

This one is a huge way to save. And if you can’t do any of the other cost saving techniques, I would advise to follow this one. Because if you don’t plan your meals, you won’t have food and you’ll be more tempted to eat out. Eating out frequently becomes very expensive. Trust me. Meal planning is basically cooking in bulk once or twice a week so that there is always dinner to choose from. You might make a big crock pot meal and a big pasta meal.  You can store it in the fridge and then divide it into portions for dinner and lunch the rest of the week. Planning for your meals rather than cooking on the fly is much more productive and less frustrating than waiting until the last minute to cook when you’re already hungry. Perfect things to make in bulk: stews, chili, and pasta. You can roast a whole chicken and then pair it with rice and vegetables the rest of the week, then take the chicken scraps or dark meat at the end and turn it into a soup. You can make lentil soup or split pea soup in bulk. The possibilities are endless but planning your meals will save energy, time and money

—————————-

It’s amazing how much money you can save. Groceries make up 10% of a household’s expenses. Me and my husband we easily spend $7200-$8500 a year on groceries alone. It doesn’t feel like that much when your spending $60 here and there over the weeks, but we can definitely use the savings.

But you can also use saving time and investing in Instacart as an option for the time strapped mom. Couponing and comparison shopping is not for the weary but for those in a financial pinch, you can use these tips and watch the savings stack up.

Tags: Bulk buy food, bulk shopping online, where to buy in bulk, grocery coupons, discount codes, save a lot prices, how to extreme coupon.

How to Budget: Personal Finance Basics


LIKE THIS POST? SUBSCRIBE TO MY MAILING LIST FOR UPDATES!
Keep This Blog AD-FREE, Become A Patron

How To Budget And Personal Finance Basics

I used to sit with my dad as he combed through the finances, his brows furrowed in concentration. Little did I know that on those mornings I was subconsciously learning how to budget and personal finance basics. They say we learn everything from our parents.

He’d sit on a stool at our open kitchen and just devour the information over a cup of joe. I was curious. Why did he devote all this time to his spreadsheet? Was this a work project?

He went over how he calculated all the household expenses and income and balance it all. He kept tabs on check balances and even his car depreciation.

It kind of went over my head. I was busy just trying to figure out what I wanted for breakfast or how to laze around for the day. I honestly spent a majority of my 20s not knowing much about my finances or how much I made. I always worked during college and had a plethora of jobs after. I could afford the things and experiences I wanted, but I didn’t really know how much was being spent; how much was wasted or saved. To this day I wonder how much I could have been saving during this time.

The first time I had to budget I just made a list of the income and combed through every single expenditure that I made. Then at the end, I subtracted the expenses from the income. Every coffee I bought, every lunch I ate out, and every trip to Target I took was recorded. It hurt. I literally cringed when I realized how much was being wasted.

I mean, did I really spend $50 on coffee this month??

And what was that subscription on my card? They’ve been charging me for over a year!

I realized I could be saving thousands a year and making more out of my money if I accounted for it all and held myself responsible on how it was spent. However, I realized this wayyy too late in the game; the money was already spent. I felt really bad after realizing how much was wasted. Part of me didn’t want to keep going and budgeting, that’s how bad I felt.

Now It’s been 4 years of budgeting. 3 years. I keep it all on a spreadsheet. Google Spreadsheets :). I can track how much my income has increased in those 3 years. I can track how much my overall spending has been by category. I can brainstorm on ways to cut costs or increase income. I can make long term goals like paying off all my debt and estimate the last payment date.

Omg I love spreadsheets!

And I don’t spend hours upon hours on it. I pretty much spend a half hour tracking my spending twice a month. Once in the middle and again at the end. Literally ONE HOUR a month. I recommend setting mid month goals and then reassessing for the latter part of the month if your unclear or are unable to meet your goals.

Below is a simple sample of what you can do.

Income

Take home Salary $2500

Expenses

Rent $-700

Food $-250

Transportation $-200

Internet $-50

Electricity $-50

Phone $-70

Misc (shopping/medical related costs/eating out) $-600

Credit card payments $-100

Student loans $-150

Total expenditures= $-2170

Savings $330

Tip: Put your savings towards credit card debts and student loans to make the payoff date faster. Or save part of it for an unexpected expense.

I wouldn’t say budgeting will fix any money problems overnight but it will definitely give you a sense of control over your finances, plan for a rainy day and create a long term plan with goals. But personal finance and gaining control of your spending/earning is the first step.

Websites like Mint and Money Trackin can help you keep it all if you’re not crazy about the spreadsheet idea.

Update: I have saved sooo much money this way, literally thousands of dollars. It’s a very simple strategy but it 100% works. It’s all about motivation, perseverance and keep up with the tracking.

Feel free to comment below on your goals or feedback on your budget!

Check out my other post:

The Biggest Financial Decision You’ll Ever Make

The Inside Scoop on Swagbucks. Is It Legit?

How To Save Tons Of Money On Groceries 6 Easy Tips!