3 Ways for Saving Money on Food

saving money on food

According to the U.S. Department of Labor, the average American family of four spends $8,513 per year on groceries — that’s $709 per month! And many of us blow our budgets further on restaurant meals.

Here are some ideas on saving money on food

LEARN TO COOK
Eating out is a huge budget buster. Even seemingly inexpensive fast food can add up quickly. Cooking your own meals could save you a small fortune on restaurants and groceries.

TAKE FEWER TRIPS TO THE GROCERY STORE
Making bigger shopping trips less often will cut down on your impulse buys. In fact, almost half of all shoppers go to the store three or four times per week. Shoppers making a “quick trip” to the store usually purchase 54% more than they planned, according to a study published by the Marketing Science Institute.

BREAK YOUR RESTAURANT ROUTINE
This may seem obvious, but we are creatures of habit and convenience. Make an effort to cut back a little, such as dining out once a week instead of three nights a week. With $20 meals, this simple act will trim your expenses by $160 a month.

Want to save more money then checkout this article on Saving Money on Investing.

One thought on “3 Ways for Saving Money on Food

  • at 11:12 am
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