save money on groceries and food

How to Save Money on Groceries and Food: 14 Tips

It’s no secret that food alone takes up a substantial portion of our budget. Studies and statistics reveal that food and other consumables can account for up to a staggering 30% of a household’s expenses. This significant percentage underscores the importance of finding creative ways to save on groceries and food costs. With some strategic planning and savvy choices, you can effectively cut down and save money on groceries and food without sacrificing the quality of your meals.

In a world where countless unproven strategies abound, this blog post is your trusted guide to the best-proven and creative ways to save money on food and groceries. We will explore ten practical strategies that have helped countless individuals and families reduce their grocery expenses while still enjoying the meals they love. So, let’s explore these tried-and-true techniques that will revolutionize your grocery shopping and keep your budget in check.

Read more: The Frugal Minimalist: 10 Tips to Save Money by Living With Less

Proven ways to save more money on groceries and food

Shop at Discount and Bulk Stores

Discount and bulk stores like Aldi or Costco are known for their budget-friendly prices. These stores often carry generic and in-house brands, enabling you to purchase groceries and essential items at a lower cost. While their selection might be more limited than traditional grocery stores, you can maximize your savings by buying in bulk, making it an ideal option for cost-conscious shoppers.

Meal Prep

Meal prep is a money-saving and time-efficient strategy. By planning and preparing your meals in advance, you avoid the temptation of dining out or ordering takeout. This not only helps you stick to your budget but also allows you to make healthier choices by controlling portion sizes and ingredients. Over time, the savings can be substantial as you reduce food waste and streamline your grocery shopping.

Read also: How to save more money: 15 practical ways

Buy Generic Brands

Generic or store-brand products offer a wallet-friendly alternative to their name-brand counterparts. These products are often manufactured to similar quality standards but at a lower price. For example, a can of generic black beans is typically significantly cheaper than a name-brand can, and these small savings accumulate as you consistently choose generic options, reducing your overall grocery expenditure.

Shop in the Middle of the Week

Midweek shopping can yield financial benefits, particularly on Tuesday, Wednesday, or Thursday. Many grocery stores introduce sales, discounts, and special offers during these days. By planning your shopping trips midweek, you can take advantage of these promotions, leading to substantial savings on your grocery bills.

Use a Cashback Credit Card

A cashback credit card is a financial tool that rewards you for everyday spending, including groceries. To maximize savings, select a credit card that offers cashback on categories like groceries, dining, or gas. However, paying off the balance each month is crucial to avoid interest charges and fully benefit from the cashback rewards, which can significantly reduce your overall grocery costs.

Stick to a List

Creating a shopping list before heading to the store is a crucial strategy to maintain your budget. By committing to your list and avoiding impulsive purchases, you prevent overspending. Online shoppers can take advantage of curbside pickup, which allows you to see your total cost before checking out and removing unnecessary items. Monitoring sales and planning your meals around in-season produce can further enhance your savings by ensuring you make cost-effective choices.

Helpful Shopping Apps

Technology can be a valuable ally in your quest to save on groceries. Utilize shopping apps such as Ibotta, Rakuten, and Honey to discover discounts, coupons, and price comparisons. These apps help you find the best deals and apply additional savings to your purchases, maximizing your cost-efficiency when shopping for food and groceries.

Related: The 10 Best Free Budgeting Apps for 2023

Plan Meals around Sale Items

Watch out for sales, discounts, and promotions at your preferred grocery stores. Flexibility in meal planning can lead to significant cost savings as you adjust your menu to incorporate these discounted items. By making the most of discounted products, you reduce your overall grocery expenses without sacrificing the variety or quality of your meals.

Grocery Store Loyalty Cards

Many grocery stores offer loyalty programs that provide members with exclusive discounts, rewards, and personalized offers. Signing up for these programs is wise, as they can yield substantial savings on regular purchases. Loyalty cards allow you to accumulate points or receive special discounts, making it easier to stick to your budget while enjoying membership benefits.

Choose Your Shopping Day Wisely

In addition to midweek shopping, consider the timing of your grocery runs. Some stores reduce prices on items about to expire, often on weekends. By planning your visits to coincide with these markdowns, you can enjoy discounts on things that are still fresh and safe to consume, providing an opportunity for significant cost savings without compromising quality.

Buy in Bulk

Purchasing non-perishable items in bulk quantities can lead to substantial savings over time. Ensure you have sufficient storage space and consider sharing bulk purchases with family or friends to maximize savings. This strategy is particularly effective for pantry staples like rice, pasta, canned goods, and toiletries, as it reduces shopping frequency and overall grocery costs.

Opt for Seasonal and Local Produce

Prioritizing seasonal and locally sourced produce supports your community and is budget-friendly. These items are typically fresher and more affordable than out-of-season imports. Adapting your meal planning to align with what’s in season allows you to enjoy cost-effective, high-quality ingredients while reducing food and grocery expenses.

Utilize Cashback and Coupon Apps

Take advantage of cashback and coupon apps to maximize your savings. Apps like Fetch Rewards,, and RetailMeNot offer cashback on grocery purchases and provide access to digital coupons. By scanning your receipts and applying relevant offers, you can earn money or receive discounts on future grocery trips. These apps simplify finding and redeeming coupons, making it easy to save on a wide range of grocery items, from fresh produce to pantry staples.

Join a Food Co-op or community-supported agriculture (CSA)

Consider becoming a food co-op member or participating in a Community Supported Agriculture (CSA) program. Food co-ops are member-owned grocery stores offering lower organic and locally sourced product prices. CSAs involve purchasing a share of a local farm’s produce, providing a regular supply of fresh, seasonal items at a reduced cost. These options promote sustainable and ethical food choices and offer savings compared to conventional grocery store prices.

Related: 12 brilliant and creative ways to save money

Parting shot.

Every dollar saved is a step closer to reaching your financial aspirations in our fast-paced world. While adopting these creative ways to save money on food and groceries may pose a challenge to some, it’s a worthwhile endeavor. After all, it’s not just about reducing your grocery bills; it’s about building a foundation for financial security. As you navigate these strategies, remember that the principles of saving can extend to various aspects of your life. Keep learning and exploring inventive ways to save on groceries, gas, electricity, clothing, and more. Your financial well-being will thank you for it.

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