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Saturday, February 28, 2009

Quick and Easy Ways to Save Money on Groceries

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.

For most of us, there is more than a little wiggle room in our food expenses.

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

You do not need to go without your favorite foods, only make a few efforts to make better spending decisions.

Pump up your savings account with these 10 easy grocery savings tips:

1. Plan to buy more when prices are low. Buy-one-get-one offers save you 50% off the full shelf price.

2. Use coupons for selected items. You dont need to be a coupon maniac to reap the benefits of coupon savings. Use 10 coupons for $1 each per week in a store that doubles and save $20 per week.

3. Combine double coupons with products already on sale. Youll be surprised that name brand products can be just pennies on the dollar.

4. Knowing when to buy will help you avoid paying full price. If you do nothing else, always buying on sale will save you 30-50%. Grocery stores usually run products on a rotating sale schedule of about 4-8 weeks.

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. Go shopping alone, without the family and spouse. To get you best deal takes concentration and the fewer distractions or time pressures the better.

8. Go with a plan. Plan how much and what to purchase before you go.

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

10. Get your coupons online for free. Free printable grocery coupons are wonderful additions to your Sunday coupon inserts. Most are high face values of $1 or over.

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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