Here you will find valuable tips on how to save money and stick to a budget. Discover hundreds of ways to save money around the home and how to seek out discounts on anything from groceries to eating out, banking products to insurance and entertainment to holidays. You will also come across helpful advice on how to free yourself of credit card or personal debt.

Friday, September 3, 2010

How to save money on groceries

Whether you are drowning in debt, trying to save for a deposit on a house or just wanting to pay less because you can, everyone can benefit from saving money . I have decided to share some of my money saving ideas which have helped my family not only survive but you could say thrive on a single income for almost 6 years. It really isn’t that difficult. If you take on board only one of my tips you can start saving money immediately. If you want to go whole hog and follow all my suggestions you will need to be determined and, to an extent, disciplined but it’s easy if you are committed to saving.



I am going to show only a few tips each post. You don’t want to be overwhelmed with advice and if you are not used to saving at all, an information overload could be enough to put you off altogether!


I have useful money saving hints on all sorts of topics but let’s start with something everyone needs to face regularly – grocery shopping. Here are just a few of my suggestions:


1   Take a shopping list and stick to it. You may find it helpful to think ahead and plan the meals you will cook in the coming week. You can then write your shopping list accordingly.


2   If you have credit card debt you MUST pay cash. Otherwise you might as well add up to 19% on every item in your trolley because that is what you are paying!


3   As a general rule, buy in bulk. Most items are offered at a reduced price if you buy in bulk. Remember though this is only a saving if you are actually going to consume the whole product before its use-by date. Sometimes items in smaller quantities are offered at a discounted price and for this reason I recommend taking a calculator or using the calculator on your phone to determine the price per unit, kilo or litre (or pound or ounce if you use the imperial system).


4   Buy your fruit and vegetables from a grower’s market. This cuts out the middle man and you can buy your fresh produce for up to 70% less than in the supermarkets!


5   Look out for clearance stock. You can often buy meat at half price if it is close to its use-by date. This doesn’t mean the meat is bad. You just need to cook the meat that night or the next or you can always freeze it for a later date. But don’t freeze marinated meat as this will make it chewy.


That’s all for now. In my next post I will reveal more helpful money-saving tips!
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