Updated: Jan 20
Our last post gave you some insight on how to start saving money when grocery shopping.
Did you know, shoppers who used an online grocery delivery service typically spent at least $40.00 more vs. shopping in person? (That is before the cost of delivery and service tip too!) You are also 54% more likely to try new brands when in-person shopping! (Source: oneSpace) If these costs don’t balance out for you, dive in to see more ways to save money.
1) Coupons, loyalty points and Money saving apps
There is a myriad of cash back apps. Checkout 51, Caddle, Swag Bucks, KoHo,
Receipt hog, and Rakuten just to name a few. The best part is that they only require a receipt and there is no scanning needed at the till. Great for us with good intentions and bad memories.
But if you like the old-school coupon envelope, some companies will email (or snail mail) you manufacturer coupons. (P&G, Bayer, Johnson & Johnson to name a few) These can be stacked per item with one store coupon + one manufacturer coupon for extra savings. Sites like Save.ca are a good place to start your coupon hunt.
Don’t forget free loyalty programs are also a goldmine. We have gone some weeks without paying more than $10.00 for $300.00 worth of groceries with PC points. Safeway and Sobeys will also connect to your Airmiles allowing for instant savings at check-out.
2) Learn to cut your own meat.
You are in control! Costco will often have primal cuts (full sections) of meat. Instead of buying striploin steaks, buy a striploin primal. Pork chops, buy pork loin roast. etc...
This will allow you to control the thickness and portioning of each cut. Even with the cost of buying vacuum bags or zipper bags, this will save you 25% or more on meat!
3) Eye spy....
More of an interesting fact: Companies pay a lot of money to place their items at strategic spots in stores. Things like "fun" cereals are also placed where children will see them first. Circling back to yesterday's tip, shopping alone can end up saving you money.
4) Learn to store food properly
You can waste food simply with improper storage. The average 4 person household will throw out 372 pounds of food each year. (source: Toronto Sun)
· Food to be eaten within 2-3 days, store in the fridge in airtight containers.
· Food to be consumed in 4+ days, store in the freezer and thaw in the fridge 18-12 hours before consuming
· Eggs and pasta should be cooked immediately prior to use
5) Your fridge plays a big part in keeping food fresh...
Obviously, but do you know how to ensure you are maximizing your appliances' use?
· Airflow is very important. Your fridge and freezer will work optimally when at 75% capacity. This "Goldilocks" principal (Not too much, not too little) guarantees energy efficiency, too. When the food in your fridge/freezer has already been cooled, it helps keep other items cold when the door is opened. By not being full enough, appliances work harder to stay cold with each open.
·If you live alone or don't keep that much food on hand, try this! *seriously* Put a brick inside or some filled water bottles.
· Vegetables prefer humidity, fruits prefer dry. You can wrap veggies with a wet paper towel to maintain humidity
· Milk goes to the back to keep the most consistent temperature.
· Moisture in the fridge can facilitate cross contamination. Make sure you clean and dry your fridge often
·The doors are best for pop and condiments. Slight temperature changes won't hurt these items.
·Move last night's Chinese food to a clear air-tight container. Not only will this keep it fresh longer, but you'll be more aware of the food in your fridge.
6) Make enough dinner for tomorrow’s lunch
If you are a fan of hot lunches, make sure there is enough for your family to enjoy at lunch tomorrow. Investing in a thermos container will ensure you don’t spend more at lunch than you make in an hour.
With that in mind, learn to get creative and repurpose leftovers. For example, a roast chicken today can be a stew or pulled chicken sandwich tomorrow!
Enlist a financial advisor to help get your spending under control. As experts in financial management, we can help you conquer emotional spending, create a reasonable budget, and provide practical guidance.
If there are any tips you'd like to share, let us know! Hello@PreussKraushar.com is always happy to hear from you.