Tag Archives: grocery savings

5 Ways You’re Spending Too Much On Food


You hear it everywhere you go, “groceries are so expensive,” but have you considered the problem might lie within your own spending habits?  Just what are you spending your money on? How many times have you arrived home, putting groceries away, only to then look at your cupboards and refrigerator and silently wonder where it all went? Do you think there are ways you could cut back and save?  Are there savings you’re simply not taking advantage of?  Now, it’s important to keep in mind that a grocery budget is directly affected by the individual themselves.  How much time and willingness a person plans on putting in to this matters.

For example, saving and budgeting on groceries starts with planning in general.  Meal planning is critical to your success. How willing are you to plan and cook your meals versus spending excess money getting already prepared food?  Another area to consider is how much excess are you wasting?  In other words, are you making too much food when you do cook? Obviously even scaling back on the grocery budget takes some thought, but you’d be amazed at how much you can save once you have a system in place.

Let’s take a moment now to look at the best way to estimate your budget for groceries.

Estimating Your Grocery Budget For Great Savings

food and grocery

There are clear steps to establishing your grocery budget to stay on track and get ahead financially.  Just to start, look at the three points we have listed for you below:

  • You need to begin by asking yourself what you can afford and staying in that limit.
  • Make sure you shop for your fridge and that so critical pantry first.
  • Shop smart and choose healthy food sources that will give your body what it needs. 

You don’t want to over budget either.  Your goal should be to have just the right amount of food and other necessities to meet your needs in between pay periods.  If you’re wasting a lot of food then you’re over budgeting.  Being wasteful is not saving! If you’re throwing away a lot of food, or it’s spoiling before you can use it, you’re going over–time to reevaluate!

So, how do you decide what the most appropriate amount to budget is?  It depends on your individual, or family  needs! 

Start with a benchmark strategy!  If you find you need to adjust various areas of your food budget, you should be able to do so after giving one method at least 30 days.  Eventually you’ll find a proper method that works for you.  Now, we would like to point out that if you’re single in Canada, the right shopping methods will allow you to eat well for $50.00 a week.  This means meeting dietary requirements for optimal health, but not splurging on junk food!

When you’re trying to feed a family, these figures change.  You might want to try a monthly food budget, versus a weekly one. The goal is to keep it around 10% of your income, and if you can trim it down a little more, that would be great.  The main end game is to adjust your habits accordingly, which can take some time.  Take this in baby steps so you’ll be able to stick to the goal for the long-term!  Remember, the better you manage your money for this particular budget, the better you can manage other financial aspects in your life!

Fresh produce Walmart 2075 Chomedy boulevard, Laval (CNW Group/Walmart Canada)


Canadians Budgeting For Rising Grocery Costs In 2015

Could Canadian debt reach upwards of $1,084 trillion by the end of 2015?  According to the most recent study carried out by The Canadian Lifestyles 2015 it very well could.  While Canadians are certainly interested in paying down their debt they aren’t interested in cutting back on food, nor are they seemingly too concerned with their spending habits at the holidays.  Could this be a bad sign for the wallets of most?  Financial analysts think Canadians are becoming less frivolous and more sensible with their spending habits.  However, over 58% of Canadians are finding it harder and harder to cut back on grocery bills.  Instead these are rising. The tips we are offering here are focused on ways you might still enjoy excellent, healthy food choices, but find ways to save at the same time.  Budgeting certainly can happen, but you have to be willing to go that extra mile to shave off some of these costs.  Let’s look at some of these now!

Grocery image

Canadians Budgeting Effectively For Rising Grocery Costs

25% of Canadians across British Columbia currently purchase generic grocery store brands, which saves them a great deal of money.  While you can’t trust a generic brand name for every product, you’ll find some of these have no real difference, in regards to main name brands.  While you might not want to buy generic cereal, you can purchase generic sweetener and never notice anything out of the norm.  In fact, for items such as: household cleaning supplies, flour, salt, and others–there is no real discernible difference at all.Below are some other amazing ways you can hope to keep some of that green in your wallet and not in a shop vendors hands!

Budget Tip 2:  

There is nothing wrong with shopping at a discount store, and in fact, right now, about 10% of Canadians do just this!  For instance, The Real Canadian Superstore helps shoppers save more than 10% in grocery store costs.  This offers a great alternatives for those Canadians who desire to stick to a budget no matter what.

Budget Tip 3:

Have you considered shopping at discount produce markets?  These are known to save about 35% on fresh fruits and veggies, meaning a great deal of savings for you!  It might be wise to check these out if you have more trouble budgeting other grocery items.  Safeway, within Canada, offers great discounts and is known to sell superior quality, organic fruits and vegetables too.  You can also try out farmers market locations, because you’ll save with these vendors, much more so than at a traditional grocery store chain.

Budget Tip 4: 

Why not request coupons directly from manufacturers?  You can actually email manufacturers you regularly buy products through and more than likely they’ll be more than happy to send you coupons.  If you do this every few weeks you’ll notice the savings, but you have to put that excess money up to see it grow as well–that’s not to be forgotten!

Budget Tip 5:

You should stockpile on groceries when they are having door busting sales, specifically considering how high routine weekly groceries now are.  In fact, shoppers across Canada can save above 25% on their groceries when they purchase at deeply discounted prices and stockpile these items in large amounts.  Of course, you have to stay on top of the weekly circulars and local sales to really gain an advantage.  If you’re a dedicated budget shopper, and you clip coupons, this might be one of the best tips to save money!

Save on food