10 Ways to Save Money on Food

Food is the one of those items we all must purchase and consume our entire lives, regardless of who we are. By closely analyzing food-buying habits, just about everyone can find ways to cut costs while often improving the quality of what they eat. Listed below are ten tips for saving money on food.

supermarket1. Buy Generic or Store Brands

Many people have the mistaken notion that generic brands are inferior, but this is often not the case at all. Check the ingredients and the order in which they are listed. Many times, the ingredients in a generic item will be very similar or identical to the ingredients in a brand name product. In such cases, you should buy the generic product to save money while essentially getting the same product.

2. Cut Down on Meat Consumption

Meats are frequently the most expensive items on grocery lists. You can save money by purchasing and eating them less and relying on other, cheaper sources of protein such as eggs, beans, and tofu.

3. Cook More, and Eat Out Less Often

While eating out may be more convenient, it invariably costs a lot more and is usually less healthful as well. There are many tasty meals you can cook at home without much hassle. Check out websites like the Food Network site to find many quick and easy recipes.

4. Use Your Freezer to Store Food for Later Use

One of the reasons many people eat out so often is because they don’t want to deal with the hassle of cooking. When you do cook, make a lot of food at once and freeze the leftovers. This way, you will always have something you can eat at home that is easy to prepare.

5. Buy Food in Bulk

For items like rice, pasta, beans, and cereal, it makes sense to buy in bulk since it will save you money, and there is very little risk of the food going bad before you use it.

6. Compare Prices and Shop at the Cheaper Stores

When you begin comparing prices, you will notice that certain stores consistently offer lower prices for the same items. We recommend picking Trader Joes over Whole Foods and Walmart or Costco over Safeway.

7. Explore Frugal Recipes Online

The Internet is a great resource for finding recipes that require only cheap ingredients. Many blogs such as cheaprecipeblog.com post recipes for tasty meals that do not cost a lot of money to make.

8. Get Memberships at Discount Warehouses

Almost all households will save money by joining a discount warehouse like Sam’s Club or Costco. Even though there is an annual membership fee, it usually is not that high and you should easily come out ahead and save a lot of money in the long run.

9. Use Coupons and Grocery Reward Cards

Get in the habit of clipping coupons and using them regularly. In addition, cards such as the American Express Blue Cash Card will give you as much as 6% cash back on purchases you make at supermarkets.

10. Buy Frozen Foods over Fresh Foods

Frozen foods are cheaper, and according to many experts, the nutritional value is just as high. As an added benefit, frozen foods last a lot longer as well.

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