Are you currently spending hundreds of pounds every month on grocery shopping and looking for ways to save money? Small adjustments to your shopping habits can reduce the amount you spend on groceries and stop your shopping bills spiralling out of control.
Here are a few simple shopping tips that can help you save money on your weekly shop.
Shopping when hungry can lead to impulse buying, especially for snack items such as fizzy drinks, biscuits and crisps. Supermarkets know this, which is why they seem to have special offers on snack foods at the end of every aisle. It’s best to head to the supermarket after a meal to avoid hunger-fuelled overspending.
Most supermarkets have websites and apps that allow shoppers to see their prices and special offers. Using these when preparing a shopping list can help you determine where you can save the most money when shopping.
Where possible, it can help to shop at more than one supermarket — taking advantage of the best prices at the different stores.
The simplest way to save money on groceries is to make fewer trips to the supermarket. We’ve all been there: we pop in to the supermarket during the week to grab some bread and milk, only to walk out with two shopping bags filled to the brim.
The less you visit the supermarket, the lower the temptation to overspend. If you usually visit the supermarket several times a week, it could help to cut down the trips by making a strict shopping list and buying all your weekly groceries at once.
While with some products the flavours we love are associated with particular brands, with many others the products inside the box are almost identical – only the name is different.
You can save significantly by dropping down a brand level on everyday grocery items – and you might discover that there is actually very little difference in flavour between the leading brand that you are used to and the one that is a level down.
You can save significantly on your weekly shop by preparing a budget whereby you put down a specific amount of money that you can afford to spend on the grocery needs of the week. If you visit the supermarket armed with a specific budget, your chances of overspending on items you do not need could be lowered.
Needing to stick to a budget could also encourage you to consider cheaper alternatives to some of the more expensive items you might tend to buy.
If you are strategic about the time that you shop, you might be able to score some great bargains and save money. A great time to shop is in the early evening when many supermarkets reduce prices on fresh produce that is close to its sell-by date.
Abraham Wilson is responsible for oversight and management of tax compliance and quality. His position includes system wide support, guidance, tools and education development on both consumer taxes and personal income taxes.