Search Helium

Home > Personal Finance > Spending & Saving > Budgets & Saving

Tips for grocery shopping on a tight budget

by Stephanie Durden Edwards

Created on: November 09, 2009


Facing a tough economy and rising food prices, many families struggle to put food on the table without breaking the bank. Increasing unemployment rates and a shrinking job market have forced a new look at spending practices and a realistic view of where every last dollar goes. There are a few things you can do to spend less at the store on a tight budget, without compromising too much on quality or nutrition.

So what can be done to make every grocery dollar count? Plenty, if approached with practical realism. Beware of overly simplistic answers and ideas. Be sure that the advice you seek fits your family. For example, large warehouse buying clubs can be a saving grace for very large families or business owners; but will do little for a family who lives a great distance from the club; or who cannot reasonably consume products bought in large quantities before they expire. Realistically, a five pound tub of peanut butter isn't doing anyone any favors if it goes rancid before it is of the way eaten.

Some practical advice? Begin by making a list. Narrow down on paper what your family's likes and dislikes are. It would be helpful to go as far as writing out a sample menu for one month. Why? Take a look over that list and see where costs can be cut. Are you regularly buying processed foods to help save time in meal preparation? Convenience often comes at a premium; and a little advanced planning can help a busy cook still make a great family meal, while saving precious time in the bargain.

Take a look at the sales ads in the local paper. Most stores will offer a loss leader, or a special lower priced item to draw in customers. If you live in an area with several grocery stores, taking advantage of the local loss leaders can be a great way to save money and stock up inexpensively. But, if the store is far away and the rest of the grocery prices average higher than the local store; the sale may not be any savings at all. Buying essentials like milk, bread and eggs for considerably more at one store won't make up for saving $.20 a pound on ground beef. Take out that master shopping list and compare the loss leader with your family's menu; and then decide if it is a savings or not.

Coupons are another great way to save; but again use them with your family's shopping habits in mind. Clip coupons for things you already use. A $1.00 off coupon for an item you never otherwise buy is worthless. Coupons work if they fit into your normal list. This is another reason

Helium Debate

Cast your vote!

Are savings from coupons worth the trouble of collecting them?

Click for your side.

87017

Featured Partner

Pacific Research Institute (PRI)

The mission of the Pacific Research Institute (PRI) is to champion freedom, opportunity and personal responsibility for all individuals by advancing free-market policy solutions. It is vital that policy responses are guided by the princ...more


CONNECT WITH US

Read
our blog
Helum for writers

Write and get published
Share with other writers
Polish your freelancing skills

Join our active writing community
Helium Content Source for Publishers

Quality articles from proven freelancers
Exclusive rights, fast turnaround
Brand engagement, business blogging -- our writers do it all

Get custom content today!

INFORMATION


Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA
#