The first time I took a look at my monthly spending, I realized I was spending around 6-7% my take home salary at the grocery store. Not bad for a family of 2 or 3, but I was feeding just 1 person – me. I realized that was absolutely unnecessary.
If you take a hard look at your monthly spending, you might also be surprised to see just how much you spend on groceries each month.
SmartMoney gives some tips for reducing the amount you spend on groceries. Here’s a few of them:
- Buy store brands, you probably won’t notice a different in the taste.
- Find out when the store marks down foods that have an upcoming sell by date
- Think outside the supermarket box, e.g. superstores, wholesale stores, and drugstores
Smart Money: 8 Ways to Cut Your Grocery Bill
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