Showing posts with label household savings. Show all posts
Showing posts with label household savings. Show all posts
Saturday, February 5, 2011
Prices have gone past the sky and exploring for another sky to go past. With such skyrocketing price rise, it is necessary to realize the importance of saving money. Oh! Yes saving money without sacrifice! When analyzed, we have found out that most people fail to save money where they can. This have prompted us to write this post.
We start this [Save Money] Financial Literacy Series with "savings on grocery bill" as it is THE major and necessary spending made every month. Why spending unnecessarily on grocery and sacrificing other expense. We have the best tips to save on your grocery bills. Here you go...
Check previously purchased (last month's) grocery items before making the current grocery list.
Double check the grocery list. Make sure there is no duplication and unwanted items.
Grocery budget preparation is not a difficult task as you think.
Have the previous month bill, and current grocery list to calculate budget, make sure your budget meet the price rise in your current month's grocery budget.
4. Target not to go beyond the budget.Have the previous month bill, and current grocery list to calculate budget, make sure your budget meet the price rise in your current month's grocery budget.
Read the advertisement carefully before heading to...
Most ads will highlight "discount 50 %" which eyewashes the word UPTO before that. Which means that 50 percent discount is offered on purchase of selected products!
5. Purchase for the whole month. Buying grocery in bulk will help in saving significant amount of money. Not just saving money, it also saves your valuable time by not frequenting grocery store.
6. Check for any pricing/billing errors before leaving.
Not all stores have same price for all products. (shop more than in one shop)
7. Say bye to supermarket.
At times supermarkets reduce price of one product and disguisely hike in the other. This in no way will save your money.
Super markets are cleverer than you think they are!The shelves at eye level are often filled with high priced products! It is upto you to not fall for it! Impulse buying is what they try for and most fall prey for it.
P.S: Make sure that your don't stop at any restuarants after grocery shopping as most people spend nearly 25 percent of the grocery bill in restuarants way back home from shopping! Planning grocery purchase according to the seasons is wise as well. This will save unwanted wastage of gorcery. Or will save unuse or season groceries.
Who is the boss of your grocery bill?
Think Twice, Act Wise :)
Saturday, February 5, 2011 0
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