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20 Ways to Spend Less on Groceries

March 9th 2012 by
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32“About 30 cents of every take-home dollar is spent on household and grocery items,” says the nonprofit Institute of Consumer Financial Education (ICFE). Here are 20 tips from the ICFE to help you spend less on groceries.

1.    Always use a list and minimize number of trips to the store.
2.    Design the list based on the store’s layout to save time and money.
3.    Shop alone and avoid going to the store just before a meal.
4.    Always check store ads and flyers for sales and specials.
5.    Take advantage of coupons and rebates.
6.    Shop at stores that double or triple coupons for greater savings.
7.    Cold cuts usually cost less per pound at the deli counter.
8.    To save money on cheese, purchase blocks, and then slice and shred it at home.
9.    Purchase fresh, unpeeled, unwashed, unpackaged vegetables.
10.    Purchase fruits and vegetables by the bag for the best value.
11.    Purchase milk by the gallon for best value.
12.    Buy in bulk whenever practical and save on cost per ounce or pound.
13.    Avoid using expensive cuts of meats in stews or casseroles.
14.    Compare prices on fresh/frozen turkeys for more edible meat per pound.
15.    Pre-packaged foods cost 10 to 20 times more plain or bulk.
16.    Purchase generic or store brands when it’s practical for your needs.
17.    Purchase fresh seafood in season to avoid higher prices.
18.    Avoid the more expensive single servings and snack packs.
19.    Purchase fruits and vegetables in season to avoid higher prices.
20.    Items placed at eye level on shelves are often more expensive.

This article was submitted by the Institute of Consumer Financial Education (http://www.financial-education-icfe.org/), whose Web site provides financial education for all age groups with a special section devoted to teaching children about money.


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