Transcription: So today’s topic grocery is groceries. If you look at the things in your life that you ‘need’ versus ‘want’ groceries are probably on the list of needs, but you don’t necessarily want to spend money on them. The average American family spends approximately $650 per month on groceries.
Here’s a couple tips. Tip number one shop online for pickup. We talked about this in one of our previous episodes as well, but Walmart. It can be warm. I know Aldi also does the shop and pick up? I’m from Wisconsin. We have a store. Up there called Festival Foods and they do shop online and pick up and more and more of your local retailers are doing say I Publix, Target they all do shop online and pick up.
Couple of advantages there. You’re not tempted with all of the attractive things in the grocery store so no impulse buys. Second you’re not bringing your kids into the store for them to do in pulse buys or grabbing things off the shelves and putting them in the cart. And you don’t have to get out of your car with your kids, so a couple of win wins there.
I have a sister who is so good at making a menu. She does it a whole month in advance. She picks up a calendar. She writes the dinner menu and every single day and she just knows then when she goes to the grocery store. I need to get items and ingredients for this week’s menu and and picks those up and if you have a list you’re more likely to stick to list and second you’re going to probably avoid a second trip to the grocery store to pick up the things you forgot the, First time and then also have more impulse buys.
So the list is important. Another tip while you’re at the grocery store consider buying generic. Quick anecdote. I worked in a cheese factory right out of high school before I went to college. I was at a mozzarella Factory and so I was in charge or not in charge. I was like high school kid. I just working in a cheese factory packaging string cheese and I will tell you a secret. We had one cheese manufactured there and the same exact string cheese went into multiple brands of packaging so if you are ever looking at something in the grocery store and you’re you’re thinking oh yeah that it costs more so it must be a better product that’s not going to always be the case.
I know canning factories do the same thing they slap a different label on the same exact can of green beans, so you’re getting the same exact product. But you’re paying a premium for a brand so keep that in mind consider buying generic.
The final thing is there are number of apps out there that will give you cash back if you scan your receipt. So I just recently started using Ibotta and you just pick some items that you would normally buy so I wouldn’t I wouldn’t go and make it an effort to buy items just for a cash back if you weren’t normally going to buy them because then you’re spending money you want to ordinarily spend but if you’re picking up items that you need anyway then why not get some cash back once you hit $20 worth of cash back in your account, you can transfer it out to your venmo or whatever other cash account you want to put your cash in.
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