Savings Beyond Coupons at the Supermarket
(NYC/CBS) Who doesn't want to save a little more at the grocery store? If coupons aren't your thing or you're looking to go above and beyond those savings, here are a few tips for cutting costs big-time at the supermarket:
1. Buy with a friend: Buying in bulk, particularly with high-use items, such as baby formula or diapers, is a must. Some stores, such as Sam's Club, offer deals on large amounts of these items. Make friends at work or school with fellow parents and team up to save. Figure out what products you have in common and make an appointment to meet at the store and shop for the best deals. If you're not picky, you can save some serious money.
2. Buy generics or the store brands: According to an "Early Show" look into generic products, families can save up to 50 percent on their grocery bills by buying generic or store-brand items. How important is a brand to you--and on what products? You may trust a ketchup brand more than a brand on a peanut butter or powder. This cost-cutting strategy isn't for everyone or every product, but it could be a way to save on some products when a brand isn't necessarily essential.
3. Shop sales: Are there products that you know you'll have to have a year from now? Toilet paper, paper towels, detergent, dish soap, shave gel and feminine products are all items that don't have short expiration dates. Stock up if there are sales! If you have the space, this is a great way to save on items you use every day. Also keep in mind that sometimes a sale isn't a sale. Keep an eye on how much you're paying versus similar products on the shelves.
4. Make a list-- and stick to it!: Do you spend more money at the grocery store when you go in without a list? Chances are you do. So before you go in and start dumping in your cart whatever looks good, plan what you want to eat and buy the ingredients for those meals. Also, when making your list, check what you have in your pantry. You may find you already have enough of an item already. If you stick to your list, you'll likely discover you're buying fewer snacks and other unhealthy foods for your family.