Saving is the strategy of winners, no matter how much you earn with your monthly paycheck. Grocery shopping in the wrong way can harm your budget more than you think, resulting in a total waste of money that could have been put to much better use. Mistakes while shopping at the supermarket are common, but most people are unaware of them until they decide to reconsider them.
We hope you are ready to give this shopping change a chance! Read on for the most important mistakes and tips on how to avoid them.
Going Shopping Without a List
The No. 1 enemy of your budget is going shopping without making a shopping list in advance. In brief, this means you end up buying stuff you don’t need and forgetting the groceries you do need, resulting in additional trips to the store along with frustration, wasted time and money.
Kelly Anne Smith, the content specialist at The Penny Hoarder, explains: “Not having a plan before shopping is one of the quickest ways to blow your entire grocery budget. People waste a ton of money when they don’t write out a list of what they need before heading into the store.” We are pretty sure her words ring a bell, so if you take one point from this article, let it be the importance of a shopping list.
Shopping on the Wrong Day
A way to reduce costs is to shop on the right days. It may sound silly, but daily store deals are a reality that’s here to stay, and there’s no reason not to make use of them.
Most supermarkets have deals on Fridays or weekends, but check on your own. Make a note if you see ads for deals and discounts, then plan where you will go for which groceries.
Going to the supermarket while starving or dying for a beer will compel you to make impulse buys — another huge mistake most people are prone to. If you find yourself coming home with five different cheeses and two six-packs only to realize you don’t really want any of them, you are prone to this problem too!
Again, a shopping list would help. Try to stick to your list in full, and think twice before buying anything that is not on the list. Do you really want it or are you attracted by hunger or an appealing package? Check the items in your trolley against your list before you cash out just to be sure you haven’t added lots of unwanted or unnecessary items.
Buying After You Run Out of Items
As with everything in life, planning in advance is the key. Do not only buy ingredients when you run out of them — buy them whenever there is a special price or discount, and keep an eye out for deals. This is especially important for frequently used products such as sugar, milk, salt, etc. Chances are you’ll pay more if you wait until the last moment and then get what’s on offer right away.
Experts point out that grocery prices run in cycles, which means most products are discounted at some point every month. As prices get marked down by 50 percent or more, this is the best time for buying and helping your monthly budget.