Aside from your mortgage, your biggest monthly expense is likely groceries. And unlike your mortgage, your car payment and most of the rest of your bills you actually have some control over how much you spend at the grocery store.
Make A Grocery Budget
Start by tracking how much you’re spending on groceries for a few weeks.
From there, come up with a weekly or monthly budget. Allot that money for groceries and whatever you do don’t go over.
Next, try cutting back your budget by $20 per month. Keep going and see how low you can go.
The remaining tips will help you do that without feeling like you’re depriving yourself.
Keep A Price Book
Who doesn’t love a bargain or a good deal? They are all over the store, but do you know if what they advertise as a good deal is actually saving you money?
Keep a little notebook in your purse or keep a text document on your phone with the regular prices of the items you buy most often.
Not only can you see if that “deal” really is a deal, you can also determine what kitchen staple is cheapest where and adjust your shopping accordingly.
Your price book will also come in handy when you browse through weekly grocery flyers.
You can decide if a loss leader deal is worth driving to the store long before you ever set a foot out the door.
Come Up With A Few Frugal Dishes
You don’t have to make drastic changes and eat nothing but rice and beans all week. Instead think of a few inexpensive dishes your family enjoys. They may be rice and beans.
Or how about a big pot of soup or chili. Often meatless dishes will be your best frugal bet, or use meat in small portions on frugal dish days.
Enjoying frugal meals even just a handful of days during the month combined with using up any and all leftovers will make a big difference in your grocery budget.
Cut Out The Extras
Make a list before you head to the store and stick to it. All those little extras like the fancy bread from the bakery or the candy you grabbed at checkout start to add up.
Get in the habit of skipping those extras unless there’s a good reason to buy them.
Stick to your list and you’ll cut your grocery bill by quite a bit each week. It’s amazing how all those little extras add up.
Give these tips a try and see if you don’t start to see big savings on a weekly basis.
What you do with all the extra money each month is up to you. Save up for a fun summer vacation, pay off those credit cards or start building your financial safety net.
Learn more here about how to make a budget and save money
Continue to Research: Let’s face it, most people
don’t like hearing the word budget let alone creating and following one. But,with the economy the way it is more and more families are finding that to survive they need a budget and a way to cut back on expenses as much as possible.
Because you’re reading, it means you must be ready to get
serious about your family’s budget.
Now you just need to keep researching and learning more about how to manage money better and to get to work and set you budget.
You can start with downloading my free how to save money on groceries book download here, and remember I have a ton of more pages about how to make a budget and save money below in the resources section.
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