"A penny saved is a penny earned" - Benjamin Franklin
Groceries use up a major portion of your monthly expenditure. And when it comes to groceries, saving money is an art. It is easy to save money on groceries and to not over spend. It's even easier if you say good bye to impulse buying.
Here are some tips for saving money on your next grocery shopping trip.
Make a List
Make a list of all the items that you need as you start running out of the products you use. Go online, search for brands and compare their prices. Mention those brands and their prices on the list. If possible purchase generic brands and products from the store you go to.
Availing discounts is the simplest way to save money on groceries. Junk mail is often filled with discount coupons on various consumer goods. These coupons can also be found online and on the back of the packaging of the product as part of a promotional activity. Find out if and when there is a sale at the store you shop at. Also, certain stores offer points for the money you spend at the store and discounts can be availed by using those points so do check the receipt.
Follow a Budget
Before going to a store, based on the items you need, set a budget. And more importantly, pay with cash. Carry a little over the exact amount. This way you won't spend on things you don't need. Also, buy non perishable goods in bulk as they will cost you less. For perishable goods never forget to check the expiration date. If the date is due in a small period of time do not buy more than the quantity you require.
Go for grocery shopping when you are in a hurry. One more tip is that you should refrain from going grocery shopping when you're on an empty stomach, this will save you from spending on snack items. Also, try not to take your kids. Children tend to ask for treats while they're at the store, if you have children leave them at home.
Check the Bottom and the Top Racks
Product placement plays an important role in the market place. Hence, the most expensive products are placed at the eye level of the customer. The trick is to know that cheaper alternatives can be found either on the lower or on the upper racks.
This way you can save money on groceries. The first few times you'll have to make an effort, but with time you will get into the habit of purchasing the right products.