8 Ways to Save Money on Groceries

Americans spent on average 10.3% of their disposable income on food. Grocery shopping concerns everyone and can be among the largest monthly expenses. In this article, we’ll list 8 ways to save money on groceries. 

1. Stick to a list

During shopping, we can get easily distracted by any of the thousand of products. Therefore, listing out the necessary items can be a good way to stick to a budget and not overspend on groceries.

2. Go for generic brands or no brand at all

Branding and product marketing can account for up to 50% of the end price. Therefore, selecting generic branded products or buying products in self-service can be a strong way to reduce costs.

3. Sign up to the loyalty program

Most grocery shops have a loyalty program you can sign up to. This will help you benefit from small promotions and bonuses each time.

4. Take advantage of promotions

Often, in grocery shops, especially large supermarkets, you will have promotions on certain products. These promotions happen in turns. When the products you frequently by come at a lower price (ie. 3 for 1), make sure to buy a consequent amount. 

5. Buy local

While healthier products tend to be more expensive, sometimes buying local is cheaper. Indeed, the freight price is cheaper due to the low travelling distance.

6. Consume seasonal products

This is a basic economics law: the higher the supply, the lower the price. As a matter of fact, buying seasonal fruits and veggies will help you save money on groceries.

7. Use grocery rewards card

The payment method also matters. Some cards have a grocery reward program. Paying with these cards can help you save a few dollars.

8. Download a rebate app

Rebate apps are also a good way to benefit from bonuses when you go grocery shopping. For long-term savings goals however, we recommend you download an actual savings app like Finnt.