It doesn’t matter where you live, groceries will always take up a major chunk of your income. In fact, Americans spend about 33% of their household income on groceries per month, according to a report by the USDA.
Another report published by GoBankingRates found that men tend to spend less on groceries than women, $290 per month against $323 per month.
This is a huge expense which you can reduce with the help of proper planning.
If you’re like most families, you are having long discussions on how to save money on groceries. It’s obviously easier said than done.
We’ve all been there and most of us have failed, which is why you’re here.
I won’t lie. It wasn’t easier for me either. But now that I have been going grocery shopping for years, I know how to save money by using my own grocery shopping strategies.
In this article, I’ll talk about ways you can reduce your monthly grocery expenses.
By the end of this article, you’ll be able to start using these grocery shopping strategies to save thousands a year on your food bill.
How To Save Money On Groceries
Know Your Grocery Expenses
It is important to know how much you’re spending on groceries so you can decide how much to save and if there’s a need to save.
If you’re already a smart shopper, then you may not need to do much to save money on groceries.
A good first option is to have a look at the USDA Food Cost reports. The report contains information on what food should cost families.
It is divided into four different plans: