Home > Personal Finance > Spending & Saving > Smart Spending
Created on: August 08, 2008 Last Updated: August 22, 2008
As the economy wavers, families are feeling their grocery budgets tighten more than ever, and though fuel and mortgage prices eat away the checkbook, a supply of nutritional food is vital for working parents and growing children. Tips like these will stretch your budget to the last nickel.
1. Plan your family's meals around weekly sale items.
Supermarkets are in business to move product very quickly, so they'll reduce prices on items that are eaten together. Look for specials on meal combinations, such as pasta, sauce, and Italian bread, or peanut butter and honey, cereal and milk, or even desserts like chocolate sauce and ice cream. Save even more money by bulk purchasing your non perishable goods during these sales.
2. Combine your coupons with the weekly specials.
While coupons always give a small discount, they knock off the big bucks when combined with an item already on sale-the coupon will stack with the store's reduction. This technique is dynamite on double coupon day, and it's possible to find a super-sale purchase for next to nothing, or even free.
3. Shop the grocery clearance.
Grocery items on clearance have not gone sour. Supermarkets are prohibited from selling spoiled food, so you'll find items significantly reduced as they near the sell by date. Even perfectly fresh items are clearanced when a manufacturer redesigns their packaging, since the old product must sell out to make room for the new. Shopping clearance is always guesswork, but with a store discount up to fifty percent, searching a little further is worth the effort. Combine clearance items with your coupons and you'll save even more.
4. Substitute generic brands where they matter least.
For your own recipes, generic flour, sugar, pasta, or eggs are cheaper substitutes for more expensive names. Retain the quality of key ingredients-use your favorite chocolate or peanut butter, for example-but no name bases will significantly reduce your spending on home cooking.
5. Join a club.
Club stores offer large discounts on bulk package purchases. Though these big stores charge yearly dues, your savings can make up the difference, even after one trip. Plan to spend high for these big time outings and prepare to fill up a freezer and your pantry. At home, wrap and freeze meats into one-pound packages to easily defrost later, and stock up with canned vegetables and soups for quick, inexpensive casseroles. If you're unable to eat all the perishables (like a two pound brick of cheese) before they expire, couple your trip with a friend and split the cost. You'll still have spent less than retail, and have more food at the table.
Learn more about this author, Nicholas Stitt.
Click here to send this author comments or questions.
Below are the top articles rated and ranked by Helium members on:
Save on groceries
by Anonymouse
It still happens to the most frugal among us: one trip to the grocery store and the weekly food budget is blown. Perhaps
by Angela Diggs
Saving on groceries is about seeking constant opportunities to conserve money. Look around the supermarket. You will find
With economic concerns and inflation on the rise comes the increase in Americans' grocery bills as well. But don't give
Many of our friends and acquaintances wring their hands, complaining about the rising costs of groceries, thinking there's
Grocery stores can be a land of temptation. Everywhere you turn there are delicious foods that are hard to resist. But with
View All Articles on: Save on groceries
Helium Debate
Cast your vote!
Should we switch from paper to electronic bank (and other) statements?
Click for your side.
Featured Partner
Needful Provision's mission is to research, develop, demonstrate, and teach innovative self-help technologies to assist the poor, worldwide, achieve self-sufficiency and well-being.more