An average Indian family spends too much per month on groceries. It is the fourth biggest budget priority apart from the housing, transportation, and insurance.
By taking little effort you can save a lot of money on the cost of food. Here are some steps to practice to your next shopping routine. You can cut your spending by as much as 50% or even more!
Change the shops
Change the shops at regular intervals of time. You can save more than 30% on groceries simply by changing your regular shops. Check out non-traditional grocery stores sometimes.
Always compare prices at different stores. Find out which store has the best prices on the items you're looking for. If you have to buy so many things try different shops for different things, it can save you a lot.
Compare unit prices
Figure out the unit prices at the stores. For the best deal, it is advisable to look at the actual unit pricing, not the price tag. Unit pricing tells you how much you're paying per basic unit of whatever it is you're buying. Don't consider the size of the container. It is in a bigger basket doesn't mean there is more inside.
Use a cash-back credit card
There are many credit cards offering paybacks on groceries. Always check for these rewards and cashback before buying things. If you are a frequent purchaser, you can take advantage of them.
In this tech age, you can use apps that find the best prices. There are many apps which offer rebates and sends coupons to you. You can make use of these apps.
Don't buy prepared food
Buying prepared food is more convenient and easy for us. But they are expensive too. If you want to save money, just avoid prepared food. Buying the ingredients for that money will last you for a long time.
Stock up on sale
Stores put items on sale at month ends, and at the beginning of seasons. You can save your money and time by stocking up on the items you buy regularly when they are on sale.
Make a list
It is always important to make the list before going for shopping. If you have a list, you're much more likely to avoid spending extra money.