According to the USDA the cost of food at home (as opposed to food eaten in restaurants) can average up to $1,300 per month for a family of four. For a couple with two children earning $100,00 per year, that can mean 20% of after-tax income is spent on groceries!
On the bright side, this means that if you can save money on food, you'll have a significantly more disposable income to use elsewhere, whether you have student loans to pay down or have been dreaming of an escape from the winter weather. Today's post aims to help you do just that - read on for some tips and tricks that will help you shop smarter at the grocery store.
SWAP MEAT FOR PLANT-BASED PROTEINS
While there's nothing like a juicy steak seared on the grill, experimenting with plant-based entrees can significantly lower your grocery bill. Try making a vegetarian chilli or serving up some bean burritos for dinner instead of red meat next week, and your wallet will thank you.
Did you know the NumReceipt app allows you to break your purchase into specific subcategories? From the home page, navigate to Expense à Inbox and select the receipt you'd like to edit. In the example below, the Grocery purchase was split into Fruits, Meat, Vegetables, and Other so that the user could track spending on those subcategories over time.
USE FROZEN FRUITS AND VEGETABLES
Conventional wisdom seems to hold that fresh fruits and vegetables are always healthier, but their frozen counterparts contain the same nutritional value and are a great option if they contain no additional salt or sauce. Frozen produce can be cheaper than fresh and obviously lasts much longer, so you can avoid having to throw away spoiled groceries.
PLAN MEALS BASED ON SALES
Planning your breakfasts, lunches, and dinners for the week ahead is a smart idea on its own - you can complete your food shopping in one trip. and having a specific list of what you need will help you avoid impulse purchases. But if you want to take it one step further, review the weekly advertisement for your favourite grocery store and plan meals that incorporate ingredients that are on sale. You'll save even more and maybe even find a new favourite recipe.
We hope these tips were helpful!
FEELING STRESSED - Way to success with your buddy NumReceipt