How can I save the most money on groceries?
People need to eat food every day, which is why food is one of the most expensive investments in a person’s home. Thankfully, many money-saving methods exist for groceries. The following tips include ways that you can stack coupons and why buying in bulk is almost always a great idea.
Cut Out Junk Food
Too many people make the mistake of buying excessive junk food with their groceries. This list is not the place to discuss the health ramifications of eating potato chips, pizza, and other bad foods but to highlight how much money these foods cost. For example, a bag of potato chips can cost as much as $5.00 and provides a few days of snacking for one person or one day of snacking for a whole family.
Try to limit how much junk food you buy when you’re on a shopping trip. For example, you should try to cut down to no more than one or two bags of potato chips every week. Doing so is not only good for your waistline but your pocketbook. However, if you really need to buy junk food more often than that, there are a few ways that you can do so without costing yourself too much money.
For example, potato chips, candy, and other types of junk food often go on sale in many stores. In many cases, you might even be able to stack junk food coupons to pay very little for a significant amount of junk food. Pay attention to deals after Halloween and Easter, as well, as candy and other types of junk food typically go on sale after these two holidays have passed.
Buy in Bulk
Individuals who buy in bulk ultimately save themselves a lot of money by buying a large amount of food that they can use over an extended period. Bulk purchases are particularly smart for individuals with large families or those who cater to businesses. Often, stores will provide coupons for bulk buying that will save you even more money on top of your average savings.
Try to find a wholesale shopping club that you can join for a nominal fee. For example, stores like Costco or Sam’s Club offer memberships for as $50 per year. While you might not be able to find some types of goods here, what you can buy is typically much cheaper than you’d find in other stores. Look through the fliers of these stores – and their online deals – to get the best money-saving options for your home.
Just as importantly, try to buy foods that don’t go bad so quickly. For example, foods such as salt, rice, honey, soy sauce, and dried beans take years – sometimes even decades – to spoil. Stock up on these bulk items in your home to save yourself money and to focus your meals on healthy foods that provide a large number of leftovers after you are done eating every day.
Start Stacking Coupons
The best – but hardest – way to save money on your groceries is to start stacking coupons. This process is challenging because a large number of stores either don’t allow stacking or limit items that can be stacked. For example, you may find that food items such as beans or certain types of soups have stacking coupons simply because they are cheaper and don’t cost a store as much to sell.
The coupon stacking process is one that requires a lot of work to execute correctly. First of all, you’re going to have to find all of these coupons and research which can be stacked. In some instances, this process may take several hours every day to finish. If you’ve ever seen one of those “extreme coupon” shows, you know that many people spend their whole week planning such shopping adventures.
If you don’t have that amount of time to commit, you can still save money when you buy groceries. While you might not end up walking out of the store with two carts of groceries that cost almost nothing to buy, you can save a lot of money. Even if you save $50 per week, that’s a total savings of $200 per month or $2,400 over a year. That type of savings is a down payment on a new car.
Use Cashback Apps
Smart shoppers hook up their credit card to grocery apps that send money back to them simply for buying groceries. Using these apps requires creating a free account, selecting favorite stores and cashback offers, purchasing the items which allow cashback deals, and submitting a photo of the receipt no more than one week after the purchase.
Remember that not all goods will provide cash deals. Just as importantly, these deals are typically no more than 5-10 percent of the purchase price of the goods. However, if you stack these deals with the right coupons, you can walk away with real savings and cash that you can use for later purchases.