Everyday Cheapskate: 4 Breakthrough Secrets to Cut Your Grocery Bill in Half Now
News flash: Food is expensive! Food prices were up 10.8% for the year ended April 2022, the largest 12-month increase since November 1980. The average family now spends about 10% of their household income buying groceries -- nearly $7,000 a year!
And even while the price of food keeps going up, average wages are not keeping up. Even the thought of losing ground like that is scary when you are just trying to feed your family.
Even if you never clip a single coupon, you can save significant money on your grocery bill just by changing how you shop.
EMBRACE THE SALES
Every grocery outlet has some type of weekly sales flyer. You find it in your mailbox or stacked neatly at the store entrance. Even more convenient for many of us to find this valuable information is at the store's website. It's there! Look for it.
Make it your rule never again to buy anything that is not on sale. It's a lofty, albeit reachable, goal. If in the beginning you absolutely must pay full price, OK. Just do it with regret and determination to buy that item on sale next time. And yes, there will be a next time, as every area of every food market in the U.S. goes on sale about every 12 weeks.
Let's take peanut butter, for example. There are many brands, sizes and styles of peanut butter! I'm not suggesting that the Jif brand is on sale every 12 weeks, but one of those brands will be. You can count on that! And when I say "sale," I mean a real sale, like 30%-50% off the regular price.
This does NOT mean that you should buy food just because it is on sale; instead, be on the lookout for sale prices on the food your family normally eats. Almost everything goes on sale eventually.
Your goal is only to buy items at their rock-bottom sale price. Period. And before you start driving from one store to the next, consider the trade-off in gasoline prices.
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