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Tuesday, March 3, 2009

How to Save Money on Groceries the Easy Way

By Elizabeth Morgan

With the economy in a free-fall, many of us are wondering if our jobs may be next. Yes, the unthinkable is happening to nearly 20, 000 families everyday. Have you saved enough to be secure if your job is next? If you have not had the foresight to do so, or the extra cash to make your nest egg grow, all is not lost. One of the best places to look for savings is in your grocery budget.

All to may of us have been lax in our food budgets and have an unexpected oppertunity for savings.

Reducing grocery expenses doesn't need to be a chore, there are easy ways to accomplish the task.

Spending less on food does not need to be torture, all you need to do is find a few less expensive options to reap the befits of savings.

10 tips for getting saving fast and stretching your food budget:

1. Buy extra when prices are low. Anytime you can save 50% or more is a good time to stock up and buy a few extra items on nonperishables.

2. Coupon a little or a lot. If you don't have time to coupons all the time then coupons selectively. Using just 10 doubled coupons of a dollar each will save you $20 per shopping trip.

3. Use double coupons when products are on sale. Many brand name products can be free, or very nearly so when using these two strategies combined.

4. Avoid paying full price and only buy when items are on sale. You will always save 30-50% if you never run out of sale priced items and eat only what is on sale. An important thing to know is that most items are on sale within a 4-6 week sale cycle.

5. Store brand items are cheaper. No longer are store brands lacking in quality. Give store brands a try and watch your grocery bill shrink.

6. Dollar stores can be great sources of discounted food. The dollar stores around my home carry dairy, produce and frozen foods all in major name brand products.

7. Leave the little ones at home and your spouse too. Distractions while shopping make for more time in the store and extra items in your cart.

8. Shop with a budget and a shopping list. Planned purchases take temptation and overspending out to the equation.

9. Dont let food go to waste. You bought it, so get the most out of it.

10. Get your coupons for free online. Online free food coupons are able to be printed from your computer. Most printable online grocery coupons have face values of a buck or more.

Yeah, times are tough I know, but you can find money in your food budget to start saving a nest egg, just by making a few minor adjustments at a time. The important thing is to just get started today and a few weeks from now you will be a pro at saving money on groceries.

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