The average individual or family spends about 30 -50% of their total income on shopping, groceries and other household items. Lowering these expenses can increase savings and provide extra cash for other important things that need to be sorted out with cash of course.

How are you lowering these expenses? Wouldn’t you like to lower your shopping bills, gas, groceries, flights, hotels and vacation costs by up to 10-20% or more?

Book your free 15 mins no-obligation phone call today to learn more! https://alyack.com/book-your-appointment/.

Here are some tips that can help you:

Price Match

Have you ever bought an item from a grocery store, retailer or chain store and then find out that same item is sold cheaper at another store? Price matching is an action performed by a store to match a lower advertised price of a product from a competing store – meaning you get the same item for a cheaper price. This can save you up to 10% in groceries, clothing and other items.

Retailers compete among themselves for customers, leading to lower prices for the customers- you. Many groceries stores and retailers offer price matching (though various companies differ in policies) and they tend not to advertise price matching. Do you want to know why? Of course, it is because you the customer will be eating into their profits.

Many shoppers and consumers do not even bother or remember to price match. I see this a lot at the self-checkout or the cashier. Add this to your bag of tricks and you will be surprised at how much savings you can get – up to 10 percent or more. This is a great way to also save time because you get your product or item at the lower price available without even visiting the other store.

You will need a comparison app like Flipp or a flyer from the other store to price match.

Shop with cash

I know you find it easier to bring out that flat, little, light, plastic card from your wallet to pay for clothes, shoes, groceries, and meals at restaurants but paying with cash instead of a credit/debit card instead actually saves you money. Cash is King – Remember?

A Journal of Consumer Research 2010 study showed that paying for groceries with credit cards led to the buying of more junk and therefore an increase in grocery bills.

With cash, you plan out how much you need in advance (add a little extra for miscellaneous) and take that amount of cash you have to the store. There is a big difference between shopping with just 200 dollars and a 5000 dollars-limit credit card. You are more conscious of your spending as you will question every unnecessary purchase and buy more vegetables and fruits instead of ice cream and biscuits. You tend to stick to your shopping list. Also, you will think twice about increasing the items in your shopping cart. At the point where you run out of the cash at hand, it’s game over. That’s it, you get out of the store. No more cash to spend on frivolities.

Let’s add the fact that only about 50% of individuals pay their credit card bills in full every month. You probably pay the minimum balance or an amount below the full bill and then get a credit card debt of 19 – 30% interest per month. Also, add another fact that the cumulative interest rolls over every month. So, that shopping, restaurant or grocery bill becomes bigger than you ever thought over time. A little credit card can open big debts. Remember – little hinges move big doors.

I know you want to build your credit score or collect points with your credit card but also develop the habit of using cash when shopping to curb expenses.

Shop at discount produce stores and outlet malls.

Discount produce stores offer varieties and cheaper prices than convenience stores. Also, you can get save up to 25 percent when you get your raw food, fruits, vegetables, meat, and fish at a discount produce store. I get groceries regularly once a month at a discount produce store by buying bulk and storing them in the freezer. The savings are great and there is high turnover – the products have not been left on the shelf for weeks, or months, as they are mostly fresh. Most times, the stores do not want to leave the products to get bad, so they sell it all off – which of course means lower prices.

One more great benefit of getting produce from discount produce stores is that you can get organic products if that is very important to you. Do a comparison between your grocery stores, and discount produce stores within your area to find some big savings.

You don’t fancy going to outlet malls. Truth is you can get up to 40-70% discount when shopping at outlet malls and the quality is the same for brand retailers. Another advantage of shopping at outlet malls is that you tend to find many brand retailers all under one roof. The only negative I have experienced with outlet malls is there are a little bit further out of town-that is why the word “outlet”. The savings you get will make up for the extra gas cost.

Finally, all these tips explained here will help ease the drain from your bank account.

In conclusion, those are three tips that can lower your shopping bills. I have used these tips for years now, and they have helped me to reduce what the cashier bills me.

Book your free 15 mins no-obligation phone call today to learn more! https://alyack.com/book-your-appointment/.