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Paying Less for Necessities

By November 15, 2016 No Comments
Paying Less For Necessites

Since the Great Recession, many families have found themselves out of work, with fewer hours, or with less income. Families have been cutting back on unnecessary items to help save money.Although unnecessary items can be cut from the list, there are still necessary grocery items to buy, which are usually the most expensive. So, people have been finding ways to save money on these items.A popular show on TLC has brought couponing to the attention of the American audience with the hit Extreme Couponing, although there are less-extreme, and less time-consuming, ways to save money for families and individuals when grocery shopping.Price-per-ounce A simple way to save money is to buy based on the cheapest price-per-ounce. Buy in bulk It may be hard to pay more money up front but, in the long run, you will save money by not having to purchase that item as often. Generic Brand Learnvest.com has a story on Eugene Fram, marketing professor at Rochester Institute of Technology, who, after visiting a cranberry factory in New England, said he saw the same product being distributed for the national brand and the store brand. Fram said the difference between name and house brands is name brands spend more money on advertising. Price matching Price matching is when the price of an item at one store is used instead of the price of the same item at the store where the customer is shopping.Couponing Coupons can help anyone save a little extra money. They are usually found in the Sunday papers or online. Photo credit ChristinaT via cc.

  • Under each food item in the store, there is a tag that states the cost of the item, and, in the corner, the-cost per-ounce.
  • Look at bulk items because they are usually the cheapest, but double-check by comparing the cost-per-ounce to the packaged version.
  • Buy nonperishables in bulk, such as canned/boxed goods and rice, with later expiration dates.
  • Choose items that you know you like and you have room for. Some of those items could include cereal, aluminum foil and plastic wrap, toilet paper, paper towels, tissues, toothbrushes, toothpaste, batteries, gum, and pet food.
  • Generic brands can be almost half as expensive as the same name-brand product. But, sometimes there can be a minimal price difference.
  • Don’t necessarily expect a large price difference between generic and name-brand products, although more often than not, there will be one.
  • Not all stores price match. Call beforehand to make sure that the store allows price matching and if they allow online printouts of ads.
  • Make sure the item that is price matched is exactly the same, including weight and brand, otherwise the store might not match the price.
  • Good places to find coupons are coupons.com, couponmom.com, and shortcuts.com.
  • Don’t buy more than what you will eat. There’s also no reason to buy what you won’t eat.
  • You can save even more money by combining some or all of the saving strategies in your grocery shopping.
  • And, always remember to check the price-per-ounce. Even with a coupon, it may not be cheaper than the same product in the bulk aisle.

Photo credit ChristinaT via cc.Copyright 2014 brass Media, Inc.

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