Saving on food can be daunting, but with the right strategies, you can ensure you get the most out of your shopping trips and possibly lower your grocery bill. Here are some tips for saving on food, shopping or groceries, and creating a sustainable food inventory plan. The money you spend on groceries is an area of your home budget on which you can save some money.
So why do groceries cost more than other retail items?
Grocery stores charge higher prices for products that make up their business model: fresh produce, meat, and dairy. Most grocery stores sell these items to customers who want to shop for them weekly (or daily).
Things like milk, eggs, and butter are staples that people tend to buy regularly so they can get them at lower costs while still maintaining quality ingredients in their products. Grocery stores know this, so they price those items according to supply & demand so they can make money off them while still keeping consumers happy with lower prices.
Jump to:
- So why do groceries cost more than other retail items?
- Time vs Money
- Buy in bulk
- Shop multiple retailers
- Get Organized
- Plan for promos
- Save with store loyalty programs
- Keep a pantry inventory
- Make a shopping list ahead of time
- Create a realistic meal plan
- Tap into the power of your pantry
- Mindful grocery shopping
- Always check the unit price
- Scan the shelves
- Go off-brand
- Plan for preserving
Time vs Money
When shopping for groceries, knowing how much you spend on food is essential to budgeting and saving money. Another factor is your lifestyle. What is your bigger priority: saving time or saving money?
For a busy working professional always on the road, it's much harder to use fresh produce. A gardener, farmer, or homesteader may have plenty of fresh herbs and produce but must supplement dairy and shelf-stable items. Assess your needs, how much you and your family cook at home, and what you use the most.
Buy in bulk
Buying foods, you regularly shop for in bulk is a great way to get the best price on things you know you will use. Picking up a pack of chicken breasts or thighs and repackaging them at home allows you to take advantage of key savings. Bulk items are typically cheaper per unit than smaller items, so buying in bulk is a great way to stock up and get more bang for your buck.
Buying in bulk is always good for things like milk and eggs, where you get a better deal per pound than buying by the cupful or quart. Be sure to read the packaging, though, as many products come in smaller containers and are less of a deal.
Shop multiple retailers
Shopping at multiple retailers can help you save more on food. Compare prices between different stores along with shopping the weekly flyers. Whether you do one big weekly shop at three stores or some other plan that works for you, keeping what store has what product in one sale will help you stay organized.
Get Organized
In reading the supermarket flyers, I noticed one general theme. There are typically enough items on sale between two or three stores to make some substantial savings. It is typical that most of us do a "big shop" a week and then do 2-5 quick runs to the store during the week.
Instead, spend 10-15 minutes a week reading the flyers and planning your list to shop for 2-3 stores. Sure, you might add about an hour to your weekly food shopping, but if that hour is worth saving a few thousand dollars on your food budget, it is well worth it!
Keeping receipts is a great way to track spending and help you identify any pricing errors or overcharges you may have missed.
Plan for promos
Staying up-to-date on promotions and specials can help you save on your food budget. Monitor store websites, newsletters and social media channels to keep in the loop and plan your shopping around the best deals.
Coupons from manufacturers are a great way to save money, but you must be mindful of the promotion dates, and minimum quantities. If you don't use a coupon by its expiration date, it takes up space in your wallet or purse.
Save with store loyalty programs
It's also important to read the fine print when using a coupon — some stores have "no double" policies, which means that if you have two identical coupons for one product, only one will scan at checkout.
Grocery store loyalty programs reward store loyalty with discounts and rewards for customers who spend money with a brand or with certain credit cards. If you can't keep up with cards or key fob memberships, check out an app like Key Ring to load them onto your phone for one-stop-swiping.
Keep a pantry inventory
Taking a weekly inventory check of your refrigerator, freezer, and pantry shelves. Keeping track of what you have can help you plan ahead and avoid buying food you already have. This will prevent duplicate purchases and help you save money.
Make a shopping list ahead of time
Making a shopping list ahead of time can help you stay focused and avoid buying items that are not on your list. Think about what recipes you'd like to make, anything you've run out of, and any entertainment you have coming up. Write it down or on a note app, and bring it with you to keep you focused!
Create a realistic meal plan
Creating a realistic meal plan each week can help you reduce food waste. Instead of working day by day, look at each ingredient and how many ways you might be able to use it over the course of the week. If you purchase a rotisserie chicken, perhaps you can use the leftover chicken for tacos or the carcass to make broth.
Tap into the power of your pantry
Keeping your cupboards stocked with staples like pasta, pulses, spices, beans, and canned goods can help you save on food. In addition, a well-stocked pantry can help you create meals quickly and easily without buying extra ingredients.
Mindful grocery shopping
Being mindful while grocery shopping can help you save on food. Have a snack and/or hydrate before you go. Stick to your list, which will help you avoid impulse buys (those are by the register!)
As you walk the aisles, scan the shelves for promotions and point-of-sale coupons you'd only see in-store. Check your expiration date and the freshness of each item! Stores often sell items close to their expiration date for a discount or forget to pull them off the shelf once it's past their prime.
Always check the unit price
It's tempting to buy something because it's on sale, but this could cost more in the long run. This can help you compare prices between different brands and sizes of products without having to do any math yourself!
Instead, look at the bottom right corner of each label to see how many ounces or pounds each product contains, and then compare that number to find which one is better value — sometimes, it'll be cheaper even though it's not on sale!
Scan the shelves
In addition to shopping between different stores, it's also important to shop within each store. Some stores will have different brands or varieties of products than others do, which can affect prices considerably, so keep an eye out for these differences when shopping for groceries.
Go off-brand
Some folks are brand loyal. But buying brand names can cost you a lot more money. In a blind taste test, most of us could not tell the difference between the store and name brands. Sometimes, the only difference between the name and store brands is the label they put on the can.
What's the difference between a store brand and a name brand?
Store brands are typically made by that manufacturer and have the same quality as their regular product line. So, if you compare two sauces, one made by Brand A and one made by Brand A, the first version might be more expensive than the second.
However, comparing two jars of sauce from each brand (by using store brand versions) may be identical in ingredients and taste! The only difference may be the price point.
Plan for preserving
Preserving fruits and vegetables is a great way to save on food. Canning, drying, and freezing leftover herbs or fresh fruits and vegetables can help you save money and enjoy produce from your garden all year long.
Food preservation is a great way to save money and enjoy fruits and veg that you might not get to before it spoils. Here are a few ways to preserve your favorite fruits and vegetables.
Canning
Canning and pickling are excellent ways to preserve leftover food, especially during the summer when there are bumper produce crops. You can pickle almost any fruit or vegetable in a canning jar, but some items are better than others. For example, tomatoes are one of the easiest things to can, while pickles take more time and effort.
Drying
Dehydrating foods is another effective way to preserve them for later use. Dried fruits such as apricots or cherries make great snacks and are also tasty additions to salads or oatmeal toppings. Dried herbs can be added to soups and stews for extra flavor without adding salt or oil.
Freezing
Freezing is another easy option for preserving foods such as berries, tomatoes, and herbs that don't need much preparation before freezing them in airtight containers or bags.
Leave a Reply