For many Americans out there, getting by financially is a struggle. Many of us live paycheck-to-paycheck and may struggle with certain emergency costs when they crop up, and might be looking for resources in the event this happens.
At 1st Choice Money Center, we’re here to help. We offer a variety of short-term loan products for those in need of a quick cash infusion, including signature loans, auto title loans and several other alternatives to payday loans. In addition, we’re happy to offer basic tips on common day-to-day financial areas and what those in a financial bind might be able to do to limit certain expanses. One major area here: Groceries, which everyone needs but can vary pretty widely in terms of your spending. This two-part blog will go over several tips we can offer on lowering your grocery bill, either temporarily or permanently, to fit a tight budget.
Make a List
For starters, one theme that’s been proven across numerous studies (and is backed by simple common sense): The less time you spend in a grocery store, the less money you’re likely to spend. This is why it’s vital to make a detailed shopping list in advance of your trip, keeping you focused on the proper items you need.
This also keeps you from being distracted or tantalized by too many of the tasty-looking treats certain to be present as you move through the store. Impulse buying is something that hurts many consumers, both in grocery stores and other purchasing situations, but having a list and sticking to it is a great way of avoiding this practice.
There are numerous sources of coupons and various discounts for grocery stores, and you should capitalize on these whenever the opportunity presents itself. Look for grocery store fliers and other mailers you may receive, plus keep your receipt from previous purchases – they often contain discounts.
In addition, look online for numerous printable coupon resources. On top of this, pay attention to when your store is offering sales on certain items, then combine these with your coupons for even better savings.
Keep a Tally
Not only should you keep your list handy, you should also have a target budget – and a method for tracking how close you’re coming to it. Nearly every modern smartphone has a calculator on it, and you can bring your own from home if you do not have one. As you move through your various items on the list, keep track of your budget and do your best not to go over it.
For more on saving money on groceries to help your finances, or to learn about any of our installment or other short-term loans for those in need, speak to the staff at 1st Choice Money Center today.