In addition to living, food costs are one of the largest monthly expenses of households. At the same time, they are also one of the easiest expenses that you can influence yourself with vigorous planning. “How do you save money on food expenses?” That’s a question that will surely come to everyone’s lips at some point in their lives.
It’s a good idea to start saving right away so you can enjoy the rising interest income as soon as possible. A savings account is safe, and the interest rate does not fluctuate in the same way as in a volatile stock market. You can comprehensively compare savings accounts on the market with our free and unbiased savings account comparison:
Favor the cheapest food products
Needless to say, food expenses can save you money by always buying the cheapest products. In practice, this often means favoring an in-house brand, which is usually the cheapest of all brands. Also, cheap doesn’t always mean bad.
In addition, you should always buy fruits and vegetables from each harvest. For example, in summer you can get berries and fruits cheaper while in the autumn you can find root vegetables in big packages at reduced prices. Also remember that meat is relatively expensive and you can try to replace it with lenses, for example.
Buy discounted items in bulk
This idea is strongly related to the previous one, however, being separate. Various discounts on products cannot be predicted in the same way as, for example, the price level of vegetables in the harvest season or the higher price of meat. Often, the only way to know about discounts in advance is to follow the leaflets sent by the stores.
Therefore, it is always worthwhile to be prepared for sudden discounts and to make the most of them by buying as much discounted product as possible. For example, products that are usually close to their due date are reduced by 30%, so you also have to be prepared to change your own food plans as appropriate. You should not worry about buying too much food as extra food can be stored in the freezer, for example.
Compare stores and always buy at the cheapest place
Some stores sell certain foods at lower prices than others. Therefore, it is always worthwhile to find out where to buy certain products at the cheapest prices. For example, rice and lentils can be cheaper in ethnic grocery stores than in ordinary supermarkets. On the other hand, when summer comes, you can find vegetables and root vegetables at a cheap market place. Comparing different stores can take a lot of time at first, but knowing where to get the cheapest things can save you a lot in the long run.
Get a payment card
If you frequently visit the same grocery store, you should obtain a payment card from that store. A payment card gives you a payment advantage for all purchases made at the locations of that store. For example, with S-Etukort, you get a payment benefit of 0.5% of purchases, which is always paid at the end of each month. With the same card you can also get payment benefits from, for example, S-Group car stores, agri-markets and hardware stores.
Credit cards with payment benefits can be conveniently compared in our free and unbiased credit card comparison. Explore the features of different payment cards and find the one that suits you best: