Monday, February 27, 2012
Saving Money Without Using Coupons
Stock up on loss leaders. Loss Leaders are items that stores sell at or below the wholesale price. Stores advertise these products that bring them next to zero profit hoping that they will bring you into their store and get you to buy a few impulse purchases. The store is willing to take a loss on these discounted items because they plan to recoup their loss through higher sales and increases traffic.
Buy in bulk. Buying in bulk can save you time, gas, and money if done right. Hopefully it allows you to make a few less trips to the store each week. Buy items in bulk that you use a lot of and have a long shelf life such as baking supplies, cereal and canned goods. It can be a large investment up front but in the long run it may leave you with a little extra cash at the end of the month.
Shop local. Local produce stands, farmer's markets and u-pick farms can be a great source for low cost, high quality produce.
Grow your own. Whether you have a large yard or live in a small apartment you can cut your grocery bill by growing some of your own food. Fill a few containers or a garden plot with the fruits, vegetables and herbs you use most.
Don't be brand specific. You can almost always get a similar product in generic and it will cost you much less. Sometimes generic is even cheaper than buying name brand using a coupon.
Shop the sales. Try to never pay full price for anything. Try and wait and watch for the item to go on sale before purchasing.
Buy in season. Foods are cheapest when they are in season. Learn when your favorite foods are in season and buy them then. You can always buy in surplus and then freeze or can for later use.
What ways do you save money on groceries besides using coupons? This post is linked to the Frugal Tuesday Tip hosted here at Learning the Frugal Life.