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Saving Money On Groceries

doraemon By doraemon on
Badge: Publisher | Level: 10 | Finances Expertise:
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With the cost of living continuously going up and wages not keeping up, we must make every Dollar count. A big chunk of our personal budget goes to household expenses. It is therefore important that we maximize our purchases to get the most of what we have. The following are tips to help save on your grocery bills.

1. Use coupons - Coupons are a great way to save on things you would normally buy anyway. Just be careful not to be tempted to buy things you do not need just because they have a hefty discount.

2. Buy in bulk - Try to buy family or economy sizes of products that you often use. Buying single use portions wastes packaging and this extra cost is passed on to you.

3. Avoid convenience stores - Sure these stores are nearby and are open 24/7 but goods here cost more because of the costs of operating 24/7.

4. Make a shopping list and stick to it - Before embarking on your grocery shopping, make a list of what you need to buy. This way you don't end up with mounds of groceries that you bought out of impulse. At times, people who do not make lists buy heaps of groceries that they do not necessarily need and end up forgetting what they actually were supposed to buy.

5. Buy store brands - Store brands use a private label that is carried exclusively by the store. These products are often sourced from top producers and are repackaged by the store. This saves money because yousave a lot in terms of advertising and distribution costs.

6. Compare brands - A lot of times the leading national brands are also the highest in terms of price. Try to buy alternatives that do practically the same thing but costl ess.

7. Buy the unprepared version - Unprepared versions of things generally cost lest. An example would be powdered and prepared beverages. The same thing applies to food. Just buy the ingredients and make it yourself.