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Archive for ‘Grocery Moneysavers’

August 18th, 2010

Ideas for Frugal Living

These are difficult times for a lot of people, and the need to live cheaply and save money is stronger now than it has ever been during many of our lifetimes. The whole world has experienced a recession, many companies are cutting jobs to save money and many people have lost their jobs as a result.

First of all, we have to find a way to spend less on the food we eat both at home and outside as meals are a major source of expenditure for many people. We can find ways to save money on the groceries we buy.  One good way is to find discount coupons for groceries at major retailers across the nation. You can also switch to generic groceries which are cheaper than brand-name ones. You should always make a list of needed groceries before you go shopping and do all you can to stick to your list without deviation.

If you are able to afford it, you should also spend a few hundred dollars on a deep freezer that can store a sizable quantity of vegetables, meat, fish and other food items. You can buy these items in bulk when they go on sale and store them up for use over a long period. Even though it may feel like a lot of money initially,  it will help you save lots more in the course of time.

If your family likes to eat out several times in a week, then you should find ways to avoid splashing the cash in restaurants. There are many restaurants, especially popular franchises, that give free food to children several times in the course of the week. It will do your wallet a lot of good if you find out what those “kids eat free nights”  are and only eat there on those nights with your family.  Adults can also just eat appetizers, soups, or salads during those nights, as these types of food are usually full size meals anyway. This will also help adults avoid eating junk food that consists of mostly calories, sodium, and fat. These junk foods cause obesity in a lot of people so this tip will also be a great way to help keep your weight in check.

August 15th, 2010

Simple Methods of Saving Pennies

There are several important reasons why you might want to live frugally. Financial difficulty is usually the main reason; after all, we are in a recession. Aside from that, you might choose to live frugally because you actually want to increase your wealth.

The money you save can actually be used to start a profitable business or start a profitable investment portfolio.

Now that you know a few of the reasons it pays to be frugal, let me show you some of the tactics you can use to start saving money. I am going to give you five main tactics you can use today, all saving tips can be found under these tactics I will share with you.

Get rid of the car – This is one of the most expensive if not the most expensive debt we have besides the debt incurred on our house. We not only have to buy gasoline to keep our vehicles running, we have to pay all sorts of taxes just to have it legally on the road, we have to pay car insurance and car tax not to mention car servicing and minor repairs that comes up every now and then. If you live in an area where there is no public transport or is not practical for you to get rid of your car; there are other alternatives. At the bare minimum, reduce the use of your car; you will save money on gasoline at least. You can also walk more, carpool, or even cycle wherever possible.

Get rid of the house- I am not saying sleep in the streets, and of course, not everyone can relocate easily or simply. If you live in a larger house, move to a smaller or go rent a house in a cheaper neighbourhood, if it is feasible for you to do so. You can save thousands in a year by living in a smaller house, especially if you get rid of a lot of clutter. In a smaller home, you are likely to use far less utilities to heat and cool it as well.

Eat out less- You can save a lot of money by cooking at home. Even if you can’t cook, you can save a lot of money by getting oven and microwaveable foods from your local supermarket. Watch for sales, bargains, and coupons.

Cut out Cable and Sky Services- This will force you to do things like read more and have conversations with your family frequently. Start a family game night! If you are a big sports fan or there is one programme you can’t do without. Swallow your pride and go watch that programme at a close friend or relative’s house. You will have lots of time to start that part time business and study more about wealth creation.

Stop Impulse buys- Do not buy anything you didn’t plan for. Keep yourself on track by writing down everything you want to buy before you go to the store.

July 26th, 2010

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