My wife and I are always looking to save money on everyday expenses in order to do the things that we want to do. We call this prioritizing our finances. It’s not always easy and it doesn’t happen overnight, but we are always glad to sacrifice small things for big rewards. One of the easiest ways to save money with your household budget is your grocery bill. Many people overspend on their food budget and if they were to plan ahead of time, they would save big money. Here are five things that you can do to reduce your monthly food budget.
Plan Ahead: One of the biggest wastes of money in the food category of your budget is food that goes to waste. Do you buy a lot of perishable foods that go to waste when you don’t eat all of your food? It may not seem like a lot, but 1/2 meal here and there adds up. Instead, plan out your meals and only buy food that will contribute to your meals.
Shop with a list: Instead of going to the grocery store unprepared, go with a list of everything you need to make. Saving money on food doesn’t have to be difficult. When I go to the grocery store, I am always tempted to buy the items at the end of aisles. That’s where the good stuff is. The oreos, chips, baked items… That’s how they get you. Be prepared and always have your guard up.
Cut out Drinks: Getting rid of your drinks is a great way to save money. You might not be able to cut out drinks altogether – water gets old after a while – but if you can reduce the money you spend on soda, alcohol, and juice, you can save lots of money.
Avoid Pre-packaged Meals: Another great way to save money on your grocery bill is to avoid convenience. Many stores and companies make a lot of extra money by selling you on the convenience factor. You may save a few extra minutes by getting the chopped veggies, but is it worth it in the long run? You could also lose some of the nutrients, which will lead to higher health bills.
Left-overs are your friend: You can greatly reduce the number of meals (and necessary ingredients) by making larger meals with more left-overs. We are a huge fan of batch-cooking and saving time this way as opposed to eating out all of the time.
Learning to save money on your grocery bill is all about being creative and sticking to your priority. Life certainly gets busy sometimes and if you aren’t determined to save money, you won’t. Find out what means more to you and leverage that as motivation to save money on your grocery bill.