Cutting the grocery bill is one of the easiest ways for most families to save money. The typical American family spends about $6,000 a year on groceries. If they could cut that bill in half they would have an extra $3000 to save or spend elsewhere. Saving money on groceries does not need to take a lot of time or mean sacrificing all of your favorite foods.
One of the simplest ways to save money on groceries is to stop wasting food. Approximately 12% of food bought for the home is wasted. If your family wastes an average amount of food then you could cut your grocery bill by 10% or more without even changing what foods you buy. One way to reduce food waste is to plan out your meals so you only buy groceries that you will use in your meal plan. If you take leftovers for lunch you can save money two ways. One, by not wasting the leftover food and two, by not having to buy lunch. If you get tired of leftovers then you can figure out a way to incorporate your leftovers into a new meal.
Another way to save money on groceries is by using coupons. I have to admit that I don’t use coupons very often. My food budget is already pretty low at about $100 a month. It doesn’t seem like there is much more to save with coupons to justify the time involved. That being said there are a couple of ways to use coupons that don’t involve a lot of time. One way is to go to a site like MoneySavingMom.com. At this site and similar sites, you can find posts with a list of the items on sale at your local store and matching coupons. If they are printable coupons the site will usually include a link. You can also use a paid service such as SavingsAngel.com that will make a customized shopping list with sales items and available coupons for you that is based on your food preferences and local grocery store. I will be trying the service out this month since I am moving into an apartment and will be trying to eat mainly at home. This service should allow one to save time and money while using coupons.
Shopping at a discount grocery store like Aldi or Save-a-Lot is another easy way to save money on groceries. These stores have fewer items than a regular supermarket but their grocery items are generally significantly cheaper than at the supermarket. Another grocery saving strategy utilizing the discount stores is to make a price book of your most commonly eaten foods using the discount store prices. Then when your regular supermarket has a sale you can compare it to the discount store price in your price book and determine if it is a good deal.
There are a lot more strategies than this that you can use to save money on groceries. I usually spend a little over $100 on groceries and meals out. Next month I will break down all my food spending for December and show all the different ways I saved money on food.
To enter the $100 giveaway just use the widget below.
If you would like to participate in future giveaways, click on this giveaway link. I have found the giveaways to be an excellent way to build up my social media accounts.