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Inflation-Proof Grocery Plan

November 7, 2024

Tips to help save money on groceries.

The effects of inflation are felt each time you fill your car with gas, go out to eat, and pay your insurance premiums. With wage rates relatively flat, the only thing to do is cut back on other areas of your budget. One way to create some room in your budget is to reduce your grocery bill. There are several ways you can save on the food you bring home. Let’s take a look at some of our favorites.

Take an Inventory

The first thing to do when trying to save money on groceries is to use the food you already have. Look in your fridge and pantry and see what’s there, that way you avoid buying things you don’t need. 

Make a Plan

Now that you have a list of available foods, see if you can create meals with them. Even if you can only use parts of your available foods — like rice or beans — you will save yourself some money by crafting meals based on them. 

Meal Planning

With some meals in mind already, it’s time to plan meals for the week. You don’t want to just wing it. Think about it: If you come home from work without a set meal in mind, you’re much more likely to just order delivery.

Make a List

Make a grocery list and stick to it. If you have a list, you’re less likely to add unnecessary items and rack up a big bill.

Skip Prepped Items

To save on your grocery budget, you may want to avoid buying pre-packaged foods, as there’s always a markup. Instead of buying cut broccoli, buy it in bulk and you’ll save money.

Do One Thing: Make a grocery list so you’re less likely to add items that you don’t need.

 

 

This article was originally posted on savvymoney.com

 

The material provided on this page is for informational use only and is not intended for financial, tax or investment advice. VisionBank, PurposeBank and/or its affiliates assume no liability for any loss or damage resulting from one’s reliance on the material provided. Please also note that such material is not updated regularly and that some of the information may not therefore be current. Consult with your own financial professional and tax advisor when making decisions regarding your financial situation.

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