How to Get More Grocery Savings (And Other Food Shopping Tips)
Unless you're one of those rare people who love to meal prep, shop and cook, going to the grocery store is a huge pain.
On the one hand, you can drive to the store, spend ages finding parking, fight the crowds, drive home and then you still have to actually cook a meal. On the other hand, you couple simply have food delivered or go out to a restaurant.
As a society, we're turning to that second option more than ever. And sure, it's convenient and fun but at what cost? Quite a lot, actually. The average American household spent $3,000 per year on eating out. For millennials, that number is closer to $3,100.
Obviously buying groceries is unavoidable, so we've put together this list of tips on how you can take advantage of grocery savings and cut your monthly food bill.
4 Easy Tips to Get Grocery Savings
Eating out all the time, while convenient, is simply not a sustainable plan. Unfortunately, even buying groceries is eating (sorry, sorry) a chunk of our monthly budgets with the average American spending $300 per month on groceries.
1. Buy Generic Instead of Name Brand Products
Product marketing plays a huge role in the products we choose at the grocery store. Without even thinking about it, we buy Tropicana Orange Juice, Scott Toilet Paper, and other branded products even though the generic brands are can be up to 30% cheaper than brand name products. Not only are generic store brands a fraction of the price, often they are made by the same manufacturers.
2. Only Buy What You Need
When you see a sale on frozen or nonperishable food items, it can be tempting to stock up on them.
But this is actually flawed logic. If you overstuff your freezer or pantry, you're just going to end up forgetting what you've purchased and it will still go to waste.
And while canned food and other non-perishables may last a few years in your pantry, you need to keep in mind that your family member's tastes may change.
3. Use Your Grocery Store's Weekly Flyer When Planning Your Meals
Grocery stores release their flyers for the following week a few days before the sales start.
Use these sales as inspiration when you're planning your meals for the week. This way you can take advantage of sale prices but already have with how you will use what you purchase. But be sure to keep Tip #2 in mind, and only buy what you need.
If you're looking for more meal ideas and savings, see if your local grocery stores are active on social media. Many stores are active on Facebook and publish recipes highlighting some of the promoted products to go along with their weekly advertisements.
4. Sign up for Loyalty and Cashback Programs
Find out if your local grocery stores offer a loyalty program. Many grocery stores not only give you the ability to earn points on your purchase that can be redeemed towards future purchases, they also offer additional coupons and discounts.
Even if your grocery store doesn't have their own loyalty programs, look for a credit card that offers points on gas and grocery purchases.
These cards often offer incentives for users who spend under certain categories so you earn points faster from the grocery store than other purchases.
Start Saving On Your Groceries Today
Once you get into the habit of following these grocery savings tips, they'll quickly become second nature. Many people don't realize how much money they're wasting on groceries that go to waste because each purchase is quite small.
Looking for others ways of saving money? You might be surprised how many different stores offer discounts if you know where to look for a coupon.