Supermarket shopping can be one of the most expensive parts of daily life, especially if you have a large family to feed. While you may turn to a short-term loan in the event of a financial emergency, it can be beneficial to have a separate budget aside for daily tasks such as your weekly shop. Fortunately, there are some tips and tricks which could help many families to save money on their weekly shop, in the long run. Here, we’re taking a closer look at the top tips for saving money when you carry out your food shop each week.
Keep An Eye Out For Supermarket Tricks
Supermarkets are renowned for implementing tactics for making us spend and understanding these and how to spot them could be one of the best ways for customers to start saving money. With millions of pounds worth of research put into the psychology of shoppers and how to best get them to spend their hard-earned cash, taking the following warning signs into account could cut costs dramatically on your weekly shop:
- The Supermarket Smell – What do you smell when you first walk into a supermarket? Freshly baked bread? Warm cinnamon buns and other sweet treats? How does that make you feel? Hungry? That’s exactly what the supermarket is setting out to achieve. By making their shoppers hungry through the use of the smells from the bakeries, shoppers are likely to be tempted to purchase more products as they walk around the store.
- Walk The Distance – The layout of the majority of supermarkets is key to making customers buy more food. Items that are regularly bought, such as milk, bread, pasta, tea and cheese are dotted around a store. This means that customers have to walk past all sorts of different products making them more likely to purchase.
- Avoid Eye-Level Products – Generally, you will find that products situated at eye level are often the most profitable for supermarket stores. Try to avoid these where you can and look on the highest shelf and the bottom shelf, as this is where supermarket own brand and value range products are likely to be located.
These are just a few of the tricks that supermarkets can put in place in order to entice you to spend more. Keep an eye out for these in order to help shave pounds off of your weekly shop.
Compare Trolley Cost
Cutting the cost of your weekly shop is easier when using online comparisons, as you are able to review how much you are spending on the products you are purchasing, and how much you are likely to save if you look at other supermarkets! For food, you can use online sites such as MySupermarket to compare the products from supermarkets such as Tesco, Asda, Waitrose, Aldi, Iceland and more. With this particular site you are able to compare the prices of specific items across all of the stores listed. Going to a number of different supermarkets while you are carrying out your shop is one of the easiest ways to reduce your weekly spend.
Don’t Avoid The Best Before Date
The best before date doesn’t represent when a product goes off. In fact, it simply tells you that the product may have tasted a little better before a certain date and this date is much more related to quality than health. While best before dates may not present a health risk unless the product is off, keep in mind the use by date. Any products that extend past their use by date should not be consumed. Many shops do not sell products past their best before date, meaning you can find exclusive deals on the reduced aisle – if you get in quick! Many shoppers have already clocked onto this saving tip, but that doesn’t mean that you can’t benefit also. There are also a number of sites online that specialise in re-selling produce at hugely discounted rates, which are past their best before date. If you’re undeterred by the stigma of the best before date, this can be an effective way to cut costs.
There are a huge number of different ways to save money on your weekly shop and keeping a budget in place for your food shop for the family doesn’t have to be difficult.
Generic advice is not a service regulated by the Financial Conduct Authority.