If you are wondering how to save money on groceries while eating healthy despite the high cost of food times, then you are in the right place.

According to research, food has been reported to be one of man’s core basic needs. This implies that, despite the economic downtime, households would still have to eat, and most important understand basic food budgeting to avoid going broke.

Whether you are earning a good income or are an average earner, it is important to devise means to limit your expenses to save more for other important aspect of your life such as housing, education, travel, recreation, etc.

In this article, we will share ten tips on saving money on groceries and eating healthy whether as a high or average income earner.

Also Read: Hobbies That Don’t Cost Money, Number 10 Will Blow Your Mind

Why People Struggle To Save

Many people struggle to save money for several reasons ranging from low income, indiscipline, impulse purchase, black tax, tax, etc. Another factor that hinders lots of people from achieving their savings goals is the rising inflation and low economic activities, reducing the purchasing power of the people.

When items are constantly on the high side with little or no salary increment to cushion the effect, the consequence of this is that people will empty their savings accounts to meet the cost of living.

However, with intentionality and determination, you can save at least 10% of your income monthly to prepare for rainy days.

Follow these guide to build a saving habit to improve your financial health:

Automate Your Finances

There are a lot of financial technology apps that can help you achieve this purpose. All you have to do is search on the internet with keywords like “saving apps in (your country)”, “popular savings apps”, etc. After you have done your due diligence and are satisfied with the terms and conditions, you can sign up and link your salary account to the savings app.

You can set how frequently you want to save; daily, monthly, bi-weekly, etc. If you are a business owner, it may be wise to set for daily, if you are a salary earner, then monthly savings is your best option.

Also, set a certain percentage that should be deducted from your salary account to your savings account.

By automating your finances, it is easier to save a portion of your income before it is consumed by different challenges and obligations.

Pay Yourself

As a business owner, it is important to treat your business as a job by paying yourself an income. Don’t be carried away by the amount you have made from sales and think that all that money is for you. Learn to separate your sales from your next profit and pay yourself a token every month.

Find Another Stream Of Income

Let’s face it! Savings only feel like a mortal combat because your monthly bills are somewhat greater than your income. So how can you possibly save when you have bills screaming all over the place? Might seem like a loose battle. To solve this, it may be paramount to get another source of income to pay for your bills and also save a portion for rainy days.

If you work 9-5, you may use the remaining 5-9 (early hours of the morning) to do other side income tax for extra cash.

If you own a business, a good side income idea might be teaching other people how to do what you do. You can have this class monthly or quarterly.

How To Save Money On Groceries

Apart from housing and clothing, another non-negotiable living expense that takes a huge chunk of our finances is food. Food is non-negotiable. You need food for energy. You need food for strength and to improve the body’s vitals.

How do shop for food in a way that does not eat deep into your finances and become an obstacle to achieving your other financial obligations? We got it covered in the next paragraphs:

Have A Budget For Food

In the same manner that you budget for transportation, utility bills, rent, clothing, etc, also have a budget for food. Don’t try grocery shopping like some special activities that you will splurge on without limit. Set aside a portion of your income each month and build self-discipline to stick to it.

Plan Your Meals

Another way tips on how to save money on groceries is to plan your meals. You can plan your meals either weekly or monthly depending on your shopping routine and how often you get paid. Planning your meals helps you to buy only the necessary foodstuff. It prevents food wastage and helps you save more money in your savings account.

Buy In Bulk

If you are keen on saving money on groceries, then you cannot afford to sleep on buying in bulk. Buying foodstuff in bulk is one of the best options for saving money while also eating healthy.

When you buy groceries in bulk, you stand to gain so many benefits like free delivery, discounts, price slash, customer loyalty, etc. All these benefits are ways to save money on grocery shopping.

For instance, if you buy items in a sachet, one supermarket will want to deliver it to your doorstep at no cost let alone offer a discount. But imagine buying your beverages in cartoons and tins, you stand a chance to negotiate for home delivery and discount at no extra cost.

Buy From The Open Market

Imagine walking into the grocery store and trying to beat down the price, a lot of people including the manager will think you are mentally unstable. Unlike in-store shopping, the reverse is the case in the open market. The more you beat down prices in the open market, the more you can considered market-smart by the sellers.

So if you are on a budget or looking for more relaxed tips on how to save money on groceries, then this is your cue to shop your groceries in the open market.

Shopping in the open market not only allows you to buy foodstuff at unbeatable prices but also the opportunity to buy fresh and healthy food items.

Avoid Impulse Buying

Maybe you have a list of food items in mind or written down, then you bump into these items you have been craving for a long while, that you see and can afford it does not mean you should buy it.

It is simply not necessary at that time and hence, should not make it to the cart. Simple!

To curb the urge of impulse buying, it is advisable to build self-discipline that will help you stick to your shopping list. What if you have extra bucks left after shopping? Add it to your savings account.

Have A List And Stick To It

You can successfully master how to save money on groceries if you do not have a grocery shopping list before stepping out of the house. The same thing applies to breaking the addiction of impulse buying. Before you step out for grocery shopping, ensure that you have double-checked the inventory at home and write down what you need to refill in a detailed list.

Join Wholesale Group

If you are looking for another trick on how to save money on groceries, then you may consider joining a wholesale group to buy at market prices. You can find these groups on the internet or discuss with your colleagues at work, schools, and other organizations you belong to for information on how to join these groups to buy foodstuff at market prices.

Shop On Grocery Apps

Shopping in stores and at open markets may be one of the best options to save money on groceries, however, some grocery apps like GoLemon and Pricepally offer pretty good incentives and discounts to users to enjoy fresh food items at unbeatable prices. It may be pertinent to check out apps like these in your country and utilize their discount to save money.

Shop On Sale

Who does not like black Friday, flash sales, and any other seasonal sales? Anything that makes you save a few bucks should be a fave. Another tip to save money while shopping for groceries is to look out for stores that are on sale and make use of that opportunity. Google stores running black Friday sales in your area and make good use of that opportunity.

Do Joint Purchase

A joint purchase is simply pooling resources together with your colleagues, family, friends, etc to get an item at a cheaper price to share. You can discuss this with a friend at work or on the wholesale group if you find any.
We can all agree that we love some good deal that saves money! So yeah, there is someone in your circle who will welcome this idea.

Conclusion

With the rising cost of inflation and the effect on households and healthy living, we hope you find these tips on how to save money on grocery shopping useful. This is not financial advice but rather, suggestive ways to help you navigate the dwindling economy. We would like to know your thoughts about these shopping tips in the comment section.