finances / happiness project

Finance Month: How to Save Money by Cutting Grocery Costs

As part of the Happiness Project, I decided to tackle our finances this month. As you may know, we are also faced with being a one income family as of a couple of weeks ago. So, we’ve been looking like crazy people for ways to save moolah. This week we looked at ways to save money by cutting our grocery bill.

One thing I discovered in going over our expenses of the past few months is that our grocery bill seems to be quite high. Admittedly, by buying much of our food at Target (along with other stuff, of course), it was hard to tease out what money went to food and what went to other things. But, drum roll please, it seemed that we were spending about $480 on groceries a month.

I started doing some research on how to save money on our groceries, and discovered a site that does $50 a week food menus. It’s called Grocery Budget 101. Their basic premise is that by buying what’s on sale, and what is seasonally available, you can likely get your weekly groceries down to $50 a week for a family of four. I read it over and picked a weekly menu, and looked over the ingredients for each item.

Then I went to our Safeway, and wrote out what I needed to buy, keeping an eye on prices. I wrote out a shopping list. I also opened up my coupons and double checked to see if I had any coupons that matched what I needed and put those in a little ziploc bag. I absolutely love using coupons, vouchers, and discount codes to save money. Before any big shopping trips, I always spend some time browsing websites like Extras for any deals. I then take a note of any offers that are relevant to me. Couponing is so popular nowadays, I would strongly recommend giving it a go for yourself if you are looking for new ways to save money. Now that we’ve saved lots of money, I’ve started to look into potential side hustle options. A friend of mine told me about surveys that pay cash instantly and that seems like a good option for us. I’ve also thought about setting up a YouTube channel or working for a company like Uber. I’m not sure which route I’ll go down yet but there are so many amazing options!

grocery and list

Tonight we went shopping. The site says Saturday night is not the best night to go, but it’s the time we had. We left having spent $75 on our weekly bill. We saved over $30 by shopping the sale items, and $2.45 by using coupons. I feel like this was a great first try. If we are able to keep to about $75 a week, we will save $180 a month on groceries, or $2160 a year!!

This (potential) two thousand a year could go to good use. We could spend it now or put it towards a holiday but it would be much better to put it into a savings account for a rainy day. We could maybe even invest it in stocks, though I’d need to do thorough research into a broker like first. There’s a lot of different options out there to think about and perhaps I am getting a little ahead of myself. At the moment let’s just keep going and trying for $75 a week!

Regardless of whether you have decided to invest in IOTA (in IOTA investieren), or other areas within the stock market, or if you have started completing surveys that give you cash on completion, it simply doesn’t matter. All the methods listed above have positively benefitted many people who have tried them when they need to earn extra cash. As long as you do what is best for you, that’s all that matters.

So, what have you been doing to save money? We would love to know!