Trimming the Fat from the Grocery Bill [Productivity @ Home]

05_08_08_pah
With gas near over $4 per gallon and expenses on the rise, productive
families are looking at any possible way to cut costs around the home.
Today’s guest columnist Lucy Barnett looks at cutting the family
grocery budget. 

Trimming the Fat from the Grocery Bill

Regardless of your family’s size, cutting
down on food spending can seem daunting: after all, we all need to eat.
When preparing a budget, the food allotment should usually equal about
10% of total income, adjusted to fit the quantity of people being fed.
Aside from being selective where you shop -no frills is always kinder
to your budget- what else can you do? To cuts costs in the supermarket,
try….

1. Going veggie. Good quality meat doesn’t run cheap
and who wants to eat nothing but hotdogs. Making the majority of your
meals plant and whole-grain based leads to a significant cut in your
grocery bill. For those carnivores that can’t contemplate doing
without, consider buying TVP (a veggie meat-like substitute) or upping
the mushrooms, which can add a meaty flavor and texture.

2. Clipping coupons or shopping specials!
Manufacturer’s coupons, coupled with lost leaders can be a great way to
save. Grocery stores in certain geographic regions can be highly
competitive, offering double or triple coupons days, while other areas
are more dependent on advertised specials. Remember that a sale price
has value only if it’s something you would normally buy and use.

3. Meal Plan!
The annoying adage ‘If you fail to plan, plan to fail’ definitely is
true with keeping to a food budget. The best way to keep on track and
eliminate fast food splurges is to have a weekly plan detailing what
will be made and when. Meal plans take a little time to create but save
more in the long run and make creating quick and healthy meals a snap.

4. Almost but not quite.
Check the produce, bakery, meat and dairy departments for items that
have almost expired, but are still usable. Meat products can be
discounted up to 75% if bought close to the expiry date, perfect for a
big batch of chili. A massive bunch of over-ripe bananas can be bought
for next to nothing. Too mushy for eating? Banana bread and muffins are
a cinch to make and if frozen, can last for months. The trick with
buying food on the fringe is to buy what you can use immediately.

5. Buy In Bulk.
For items that are non-perishable and will never go out of style (think
toilet paper), buying bulk can be the way to go. Always weight the cost
and value of the product being purchased and make sure you consider the
practicality (a 2 kg can of tuna may be perfect for a family reunion
but is overkill for the kids’ lunch)

Eating in or out, the most important thing is to remain conscious about
what you want to spend and why. Whether to eliminate debt, live more
simply or save for a vacation, frugal feeding is easiest to commit to
when we remember why it is important to us.

Copyright 2008 Lucy Barnett

About the Author:  A writer who wants to master the art of saving her pennies, Lucy knows
and practices many ways of reducing, reusing and recycling items in the
pursuit of frugality as well as happiness. For more tips as well as
talk, go to http://apennysaved.today.com/

Best of the Blogs:
(Recent posts related to today’s topic of Family Finances)

Home-work for Today:

  • Implement one of Lucy’s suggestions by creating a family meal
    plan for the next week.  Need help?  Try one of my favorite services, Dine without Whine, a family meal planning service that makes deciding what’s for dinner a breeze!   

Original post here: Lisa M. Hendey

8 May 2008 | Finances | Comments

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