Save money on groceries? Hints and Tips

Chevron

SAVE MONEY ON GROCERIES WITH MINIMAL EFFORT AND SAVE!

There are many simple ways you can save money on groceries from budgeting to buying in bulk or joining a co-op shopping club.

Co-op Shopping Club

Co-op shopping is short for co-operative shopping. It is where a group joins together to buy a bulk amount of something to benefit the members of the group.

Buying as a large group allows for greater discounts when purchasing large amounts.

A food co-op group is among the most popular co-op groups. Many families these days are opting for healthier choices that quite often include organic locally grown products, which support their local farmers and their desire for an organic lifestyle at a discounted rate.

This can be very beneficial when it comes to save money on groceries because you are getting a better quality of food at a better price.

Here is a list of the top 20 co-op shopping groups you can join in Australia.

www.coopdevelopment.org.au/topcoopsau.html

Budgeting

The best way to save money on groceries is to first work out your budget. How much do you have each week to spend on groceries?

Set a realistic budget and stick to it, avoid impulse buying at all costs as these are the marketing tricks that stores use to get you to buy extra items, sometimes successfully.

Stay strong and stick to your list and budget!

Plan your meals ahead of time!

Having meal plans can save money on groceries consistently as you are buying only items you need for the week and you won’t have to stop into the shops to get individual items to make particular meals.

You can also cook meals ahead of time and freeze them to avoid the temptation of buying takeaway, then you know there is a backup meal in the freezer for those nights you are time poor.

Try online shopping!

Shopping online can be a big help when you are trying to save money on groceries.

Many grocery stores now offer online purchases and delivery or click and collect (which is where you order online and then pick up in store at a designated time).

Shopping online can help you save money on groceries because you have a running tally of how much your groceries are up to and you can delete or add items to allow you to stick to your budget, what a nifty service!

Avoid shopping when you are tired or hangry!

Another way to save money on groceries is to ensure you don’t shop when you are tired or hungry!

They coined the term “Hangry” for a reason! Some of us find it difficult to concentrate when we are hungry or tired, it is often a time where our brains are more likely to make a rash or impulsive decision which leaves you in the marketers perfect storm.

Many of their campaigns are marketed at people being disorganized and making impulsive decisions. So avoid grocery shopping if you are tired or hungry!

save money on groceries

Package your own snacks!

You can save money on groceries by buying bulk snacks and separating them into individual sizes to avoid wastage.

If your kids are anything like mine they like to open a bag of something, eat some of it and put the open packet back in the cupboard that then spoils because it is not sealed grrr!

Save yourself the frustration and have a snack box in your cupboard and the fridge with pre packed snacks that the kids can grab themselves without having to interrupt you for snacks.

You can pack healthy snacks like fruits and yoghurts or cheeses in the fridge and dry snacks like sultana’s, popcorn, biscuits etc in the cupboard. This will save you plenty of time after school or if you need to grab some snacks on the go!

Therefore, if you want to save money on groceries then the key is to be organized and prepared. Being time poor and thinking on the fly will make it easier to make decisions that will cause you to blow out your budget, plan your week and think ahead and save!

How customers rate Jacaranda

Save money on groceries? Hints and Tips Overall rating: 4.8 out of 5 based on 60 reviews.

Jacaranda tree drawing

Fast & Safe Loans

Small Personal Loan

Loan Amount

Minimum
$300


Maximum
$2,000

Icon of hand with dollar symbol in it

Terms

Minimum
12 Months


Maximum
12 Months

Calender Icon

Costs

Up to 20% Establishment Fee
+ monthly fee up to 4%

Jacaranda Finance does not charge an annual interest rate on SACC loans. These small amount loans incur 'fees' instead of interest. The maximum comparison rate on our loans between $300 and $2000 is 199.43%.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Invoice Icon

Examples

Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

Loan Amount of $1,000 over 12 months repayable weekly (50 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.

Bar Graph Icon

Medium Personal Loan

Loan Amount

Minimum
$2,100


Maximum
$4,600

Icon of hand with dollar symbol in it

Terms

Minimum
13 Months


Maximum
24 Months

Calender Icon

Costs

Annual Percentage Rate (APR) starts at 20.56%
Comparison Rate is 20.56% per annum.

This comparison rate is based on a medium amount credit contract of $2,500 repaid over 2 years with a $400 establishment fee and APR of 20.56%.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Invoice Icon

Examples

Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $555.83 (reducing interest*) = $3955.83 total repayable over 18 months with weekly installments of $50.71.

Loan Amount of $4,500 over 24 months repayable weekly (104 weekly repayments). $4,500 (Principle Amount) + $400 (Establishment Fee) + $1081.85 (reducing interest*) = $5981.85 total repayable over 24 months with weekly installments of $57.51

* Reducing interest means that the 20.56% APR is applied to the outstanding balance on a loan. When a loan repayment is made, the loans outstanding balance goes down and the APR is applied to that lower balance. Therefore, the interest component of the loan will constantly reduce (as long as repayments are being made!) - thus it is called reducing interest.
Bar Graph Icon

Large Personal Loan

Loan Amount

Minimum
$5,000


Maximum
$10,000

Icon of hand with dollar symbol in it

Terms

Minimum
13 Months


Maximum
36 Months

Calender Icon

Costs

Annual Percentage Rate (APR) is 12%
Comparison rate is 19.88% per annum.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Invoice Icon

Examples

Loan Amount of $5,000 over 18 months repayable weekly (78 weekly repayments). $5,000 (Principle Amount) + $1831.16 (Interest) = $6831.16 total repayable over 18 months with weekly installments of $87.57.

Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5041.72 (Interest) = $15041.72 total repayable over 24 months with weekly installments of $144.63.

* Reducing interest means that the 19.88% APR is applied to the outstanding balance on a loan. When a loan repayment is made, the loans outstanding balance goes down and the APR is applied to that lower balance. Therefore, the interest component of the loan will constantly reduce (as long as repayments are being made!) - thus it is called reducing interest.
Bar Graph Icon