How to Save Money On Groceries: The dummy edition (2024)

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PUBLISHED: | By Hilary Erickson

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Oh, the feeling of a stocked pantry. The idea that you’ll never run out of anything. You’ll always have the item you need at your finger tips. Likely, for the next year. It’s taken a lot of time for me to admit this, but I have a buying problem. When I see something on sale I want to buy enough of it to last forever. This tip might just help show yo how to save money on groceries!

**Although this tip is 100% true, if you’re looking for other tips to save on your groceries, the Grocery Budget Makeover is available now! **

And then we thought we were moving. And I lived off that pantry for a good amount of time. Which, was awesome. We were able to save for the upcoming moving expenses (which never materialized, so instead we were able to save just about $700 dollars last summer by living off our pantry).

But, then the last can of black beans was gone. My husband didn’t have a new job and I was like, “OH MY HECK, I HAVE NO MORE CANNED BEANS.” Of course, I had a ton of dried beans, but that’s so hard…. (not hard if you have this great pressure cooker, which is what I’ve done). BTW, beans in cookies. It’s a good thing.

And I’ve found a new way to help our grocery budget.

And it’s mind blowing.

Wait for it…..

.

.

.

That’s right. By buying less stuff, I save money.

{mind blown}

Even if those canned beans are 30cents, if I buy 50 of them, that’s a lot of cash. BUT, if I just buy 5, that’s a lot less cash.

Are you catching up to the math here? This is obviously common core stuff.

Believe me, it’s not calculus, and no one feels more dumb about it than I do.

This isn’t to say that you shouldn’t stock up on items when they’re on sale.

But it is to say that you need to find some mid-ground if you have a penchant to over-buying {#guilty}.

I am grateful that I have a husband who kind of rolls his eyeballs when I have enough canned tomatoes to last through the zombie apocalypse.

I mean, I heard they seem pretty unstable — maybe we can just chuck cans at them and get away?

So, am I off the pantry excel file?

Sort of. I am actually still a HUGE fan of that. Really seeing what you WANT to store in your home is great. I think it’s the first step to saving money at the grocery store.

BUT being realistic about what you need to store in your home is an even better tip.

So, I still have canned beans and canned tomatoes, maybe 5 of each and when that dwindles to two I look for a deal for more.

I also go to the grocery store less. Maybe just every other week.

I’ve been better about cooking larger batches of meat and then using it during the week for other meals (and I still buy chicken in bulk). It’s a huge time saver, and brain saver.

Related post: 5 Little monkeys Coupon Code

I have also spent a little more on fun products to try some new recipes, especially when I was using a meal plan service more frequently. They gave me ideas I’d never had before and it has been really fun to search the ethnic isle for things like Garam Masala. And as always, cooking at home is the #1 tip to saving money!

So, buy less. To save more.

{mic drop}

P.S. {awkwardly picking mic back up} I realize this tip is insanely stupid (similar to my best financial advice ever) but it is really something I’ve taken to heart lately. Maybe it sparks some ways to buy less at your house too!

P.P.S. If you’re to master your grocery budget in other ways — I recommend you check out the Grocery Budget Makeover — Erin really knows what she’s talking about.

If tips like this help you brainstorm ways to save at your house, be sure to sign up for my newsletter with a free budgeting worksheet:

And check out all my other money saving tips

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How to Save Money On Groceries: The dummy edition (2024)

FAQs

How to start saving money for dummies? ›

The 50/30/20 rule is a good starting point for many new savers:
  1. Allocate 50% of your income to essential expenses. Rent/mortgage, groceries, debt payments, car payments, utilities, etc.
  2. Allocate 30% of your income for stuff you want to purchase. Clothing, entertainment, travel, etc.
  3. Allocate 20% of your income for saving.
Apr 12, 2024

How can a single person save money on groceries? ›

Here are 17 ways to save money on groceries.
  1. Make a meal plan. ...
  2. Shop alone if you can. ...
  3. Shop during the quietest days of the week. ...
  4. Swap expensive cuts of meat for cheaper options. ...
  5. Buy generic products. ...
  6. Avoid buying hygiene products at the grocery store. ...
  7. Stick to the store's perimeter. ...
  8. Pay with a grocery rewards card.
Oct 23, 2023

How do I not spend a lot of money on groceries? ›

11 tips for saving money at the grocery store
  1. Pay with a grocery rewards card. ...
  2. Sign up for the loyalty program. ...
  3. Clip coupons. ...
  4. Join a wholesale club. ...
  5. Go in with a list and stick to it. ...
  6. Buy items on sale. ...
  7. Avoid pre-packaged items. ...
  8. Compare prices between stores.

What things can you do to save money at the grocery store? ›

9 Tips to Save Money on Groceries
  • Make a list and stick to it. Having a realistic shopping list reduces impulse buys and allows better control over how much you spend. ...
  • Watch out for specials. ...
  • Buy seasonal and local. ...
  • Price match. ...
  • Shop in bulk. ...
  • Shop store brands. ...
  • Buy plant-based proteins. ...
  • Reduce food waste.

What is the 30 30 30 rule for savings? ›

The 30-30-30-10 system allocates 30% of your money to housing, and another 30% goes for necessities. You devote 30% to financial goals and keep the remaining 10% for personal spending.

What is the 7 rule for savings? ›

The seven percent savings rule provides a simple yet powerful guideline—save seven percent of your gross income before any taxes or other deductions come out of your paycheck. Saving at this level can help you make continuous progress towards your financial goals through the inevitable ups and downs of life.

What is the 6 to 1 grocery method? ›

It involves picking six vegetables, five fruits, four proteins, three starches, two sauces or spreads, and one fun item. Not only can it streamline your grocery shopping trip, but it can also help you shop with purpose so that you use your time more efficiently.

How to only spend $100 a month on groceries? ›

Here how I save big bucks on groceries and how you can, too.
  1. Planning Ahead Pays Off. ...
  2. Meat Costs More. ...
  3. Stock Up During Sales. ...
  4. Stick to In-Season. ...
  5. Price Match Your Way to Savings. ...
  6. Couples and Families Can Still Enjoy Savings, Too.

How do I cut my grocery bill in half? ›

Rachel Cruze: 12 Ways To Cut Your Grocery Bill in Half
  1. Check Out Grocery Store Apps. ...
  2. Plan Your Meals. ...
  3. Buy Generics. ...
  4. Shop for Inexpensive Protein Sources. ...
  5. Avoid Buying Unnecessary Grocery Items. ...
  6. Get In-Season Produce Items. ...
  7. Take Advantage of Breakfast Foods. ...
  8. Save With Bulk Items.
Dec 29, 2023

Is eating out cheaper than eating at home? ›

For those who want a quick and easy answer: It's generally cheaper to cook food at home than eat out. The reason so many people can get stuck on the question is the human psychology variable. People don't always spend wisely, and it isn't as if prices are always the same at a supermarket or a fast food restaurant.

What grocery store saves you the most money? ›

ALDI. Value for money: 66% of survey respondents who primarily shop at ALDI do so because of the value it provides for their money. ALDI is a discount grocery store with German roots dating back to 1961. Over the past 50+ years, however, the company opened more than 2,000 stores across 39 U.S. states.

What are 3 tips for saving money on food? ›

How to Save Money on Groceries
  • Redefine dinner. ...
  • Crunch some numbers while you shop. ...
  • Round up your grocery cost estimates. ...
  • Raid your pantry. ...
  • Think before you buy in bulk. ...
  • Know when to shop. ...
  • Start freezing and storing meals now. ...
  • Pay with cash.
Jan 18, 2024

What is the 50 20 30 savings rule? ›

Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How can I save my first $100000 fast? ›

Five tips to help you save $100,000 faster
  1. Live below your means and cut frivolous spending. ...
  2. Be hyper-aware of every monthly expense and ruthlessly cut back to save faster. ...
  3. Pay down high-interest debts like credit cards first. ...
  4. Find the financial institution that will get you the highest interest rate.
Mar 27, 2024

How much money do I need to start saving? ›

At least 20% of your income should go towards savings. Meanwhile, another 50% (maximum) should go toward necessities, while 30% goes toward discretionary items.

What is the 30 20 rule for savings? ›

The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings.

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