• Spend Less on Groceries

  • by Lauren Russell

If you’re like us, grocery shopping can be both a blessing and a curse. It’s a blessing because you get to refill your fridge and can eat healthy and delicious meals again – instead of the few remaining ramen packets you have left. It’s a curse because you’re emptying your wallet. Let’s face it; groceries can be expensive.

Luckily, we’ve found a few tips to keeping the grocery bill low each month.

Go shopping on a full stomach. When you’re hungry, everything looks good. At that point, your eyes may be bigger than your budget. When your stomach is full, you may be less inclined to impulse buy all the food in the store.

Make a list and stick to it. When it comes to saving money at the grocery store, always plan ahead. That means making a list before you go and sticking to it. This will keep you from impulse buying and help you remember everything you need to get so you don’t have to make a return trip.

Buy generic. Buying generic means buying the off brand. Most of the time, generic brands work and taste the same as the brand name product – and they are usually always cheaper. At least, give it a try.

Use Coupons. Coupons can save you tons of money. If used correctly and strategically, the store could even end up owing you money. That kind of scenario requires what is called, extreme couponing. FreeSamples.us has a great beginners guide to extreme couponing for anyone interested in taking up a new hobby.

Compare prices at other stores. If you find a deal at a different store, bring the ad into the store you usually shop at. Many stores will match the price of competing chains.

Do it yourself. Convenience costs money, so buying already prepared meals and food items can make your grocery bill go up. Skip the ready-to-eat meals and pick up the ingredients to make it yourself. That also goes for meal prep. Cut your own fruits and veggies, prepare your own salads, and shred your own cheese. Pre-cut, pre-packaged, and shredded foods tend to cost more money.

Having trouble paying your grocery bills or other necessary expenses? A reverse mortgage may help. You can use the loan to pay off debts or help with living expenses. You can also use it to live off while deferring other retirement assets to allow them to continue to grow over time.