You have to eat to survive. Period. There’s no way around it. But what do you do when every grocery shopping trip seems more expensive than the last?
On the upside, food inflation is technically slowing. According to the Bureau of Labor Statistics, food prices in November 2022 spiked 10.6% year-over-year … but in November 2023, food prices had risen by “just” 2.9% in a year’s time. Fortunately, those gains appear to have softened a great deal with at-home food prices rising just 1.6% in the twelve months leading up to November 2024 over the preceding 12-month period. On the downside, that’s a larger grocery bill yet again, but the rate of growth has practically flat-lined. Still, since that hasn’t turned negative, prices are still elevated and you’re likely looking for ways to lower what you spend on food.
Consumers need to do something, and that something can’t be “eat less.” That means as food prices continue to climb, people need to utilize every way possible to save money at the grocery checkout line.
What can you do to fight back against higher food prices without emptying your cart? Let me share with you several commonsense tips on how to save money on groceries.
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Table of Contents
Money-Saving Tips for Grocery Stores
This is far from an either/or list—the more of these strategies you use when buying groceries, the more money you can save.
Tip #1: Make a Grocery Shopping List
Some shoppers decide they’re out of a few things, so they go to the store, idly roam the aisles, and see what products appeal to them that day. Other shoppers write out a list of what they need, take that list to the store, and only buy what’s on the list.
If you’re in the latter category, you’re a lot less likely to fall victim to impulse purchases.
Trust me: If you wander into Trader Joe’s without a plan, something will spark your interest and magically float into your basket. And that’s one way to artificially inflate your grocery bill.
Writing a list (and actually sticking to it) will shelter your grocery budget from spur-of-the-moment buys. Plus, you won’t forget any items and waste gas making multiple shopping trips!
Tip #2: Use Curbside Pickup
If your grocery store offers curbside pickup, use it.
To start with, curbside pickup also helps to reduce impulse buys—after all, if you’re not roaming the store, you can’t grab anything that isn’t on your list. Also, buying groceries through an app or website makes it simple to compare prices and target only items that are on sale. Lastly, shopping online does the number-crunching for you, which could help you stay within your budget.
While grocery delivery is even more convenient, it might not help you save money. You usually have to pay a fee, and you should tip the driver, if you have your groceries delivered. Conversely, some grocery stores allow for free pickup, while others only charge a nominal fee.
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Tip #3: Shop Multiple Stores for Different Products
You very well could save money by doing your shopping at more than one store.
Different types of products can be cheaper at different grocers (and other stores). As a for-instance, hygiene products are often cheaper at stores like Target and Walmart than they are at grocery stores. So if that’s the case for your local stores, make the occasional journey elsewhere to stock up on different products.
Use this tip cautiously, though, because what you save on product prices, you could end up losing in gas costs.
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Tip #4: Repeatedly Compare Prices
Tip #3 is a form of comparison shopping—that is, compare a product’s price from one store to the next.
But you should also compare a product’s prices against competing products … and even its own prices!
Per the former: If you’re not a brand loyalist, you can save a lot by buying a competitor’s version of a product, or even the store-brand version. We’re not necessarily telling you to replace Coca-Cola with Pepsi, but you probably won’t find much difference past price between, say, two brands of salt or two brands of pepper.
Per the latter: Especially if you buy certain products frequently, you should keep tabs of what that product costs over the course of time. If you keep track of chicken breasts and see that they typically cost $3.00 per pound, then you notice a price reduction to $2.50 per pound, you can jump on the opportunity to save.
Young and the Invested Tip: Don’t just keep track of price, either! Some goods’ prices might stay the same, but the producer will simply shrink the goods’ size—a phenomenon called “shrinkflation.” So make sure you’re also paying attention to package size so you know you’re getting the best deals.
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Tip #5: Use What You Have
Before your next grocery store visit, scour every inch of your pantry, and see if you can make any upcoming meals based completely on the ingredients you already have (or if you only need to buy a couple things to make the meals complete).
It’s extremely common to purchase food with a plan in mind, then let that food migrate to the back of your pantry shelves or refrigerator. Being more conscious about using up whatever you have on hand will 1.) ensure you use food before it expires and is wasted, and 2.) keep you from accidentally purchasing items you already have.
Both of these things will in turn save you money on your next shopping trip.
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Tip #6: Buy Items in Bulk
Buying food and other items in bulk is a popular strategy for saving money. Bulk food, toiletries, and other goods are typically cheaper per item, per ounce, etc. Yes, you’ll have to pay more money upfront, but your buck will stretch farther—and you won’t need to go shopping as often, helping you save on gas, too.
You can get some bulk items from regular grocery stores. However, many people prefer to buy in bulk from a wholesale club, such as Costco or Sam’s Club. These stores typically require you to be a member, which involves an annual fee, so if you rarely buy in bulk, the savings might not exceed the membership fee. But frequent bulk buyers can more than make up for the fee—and enjoy savings on other goods and services, from gas to tire replacements to vision care.
Be smart about bulk, though—not every item should be bought in super-sized quantities. Specifically, don’t buy anything in bulk that can easily spoil or expire unless you know you can use all of the product before the expiration date.
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Tip #7: Only Buy In-Season Produce
Your local grocery store might always carry strawberries, but have you ever taken a close look at prices throughout the year? Believe it or not, they can vary widely. That’s because fresh fruits and vegetables are typically cheaper when they’re in-season, and more expensive when they’re out-of-season. So the money-smart way to buy produce is to buy it when it’s in-season.
And if you do get a craving for out-of-season produce, consider buying the frozen version. (And even better, the next time your favorite frozen fruit or veggies are on sale, stock up so you’re ready for the offseason.) As long as there are no added sugars or other ingredients added, frozen produce maintains its nutritional value. It can even be more nutritious than “fresh” food that was shipped from far away and left on store shelves for a long time.
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Tip #8: Use Coupons/Shop Sales
There’s nothing novel about clipping coupons and/or buying items that are on sale, but these are still two of the best time-tested ways of saving money at the grocery store.
Indeed, rather than put together a grocery list and hope what they’re buying is on sale, many savvy grocery shoppers actually plan their meals around sale-priced items. Is there a boffo sale on steak? Stock up and make a few fresh meals from it, and freeze the rest to be used when steak isn’t on sale. Have a coupon for raspberries? Well, apple pie can wait a couple of weeks.
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Tip #9: Use Couponing Apps
Here’s some good news: You don’t have to cut out physical coupons to save money on groceries. You can “clip” the coupons through an app (in fact, some grocery stores have app-exclusive coupons), and some apps will automatically find virtual coupons for you. In fact, this method can get you the best deals on a variety of products—not just food.
The best coupon app for you depends on where you make most of your grocery purchases. For instance, if you frequently shop at Target, getting Target Circle might make sense. And if you love Whole Foods (and a host of other stores, for that matter), you might want to consider downloading Capital One Shopping.
The Capital One Shopping app applies the best available deals at checkout, potentially giving you some jaw-dropping prices. Plus, the service offers rewards you can redeem for free gift cards. Users can also put items on a watchlist, and the app will notify them when the item goes on sale (or if the price otherwise drops).
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Tip #10: Know The Best Days to Shop
When you shop can be just as important as where you shop.
Grocery stores usually have a consistent sales schedule. So if you pay close enough attention, you might notice that far more items are on sale on specific days of the week, or that certain special deals only occur on certain days.
Pay attention to these calendar-specific discounting trends. Saving more money could be as simple as changing your weekly grocery run from Sunday to Wednesday.
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Tip #11: Make Freezer Meals
You’ve likely heard the praises of freezer meals: They make meal planning easier. They make cooking easier. It can save you time.
And it can also save you money on groceries.
To start, you make many of the same type of meal at once, so you’re using the same set of ingredients. Depending on how many meals you’re making, you may be able to get ingredients in bulk. Plus, knowing you have food that just needs to be heated up can help you avoid the temptation of getting fast food at the end of a long day.
According to the USDA, freezing keeps food safe almost indefinitely. Being safe doesn’t mean it stays the same quality, though, so make sure to look up how long various meals will stay tasty.
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Tip #12: Cut Back on Meat
Meat is usually the most expensive part of a person’s meal. Even just cutting out meat once per week—many people go with “Meatless Mondays”—can make a significant dent on your grocery bills.
Utilize other protein sources, such as beans, Greek yogurt, lentils, tofu, peanuts, and more. If you’re mainly reducing your red meat intake, this money-saving strategy could also improve your cardiovascular health. And you never know—you just might find some new favorite meals.
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Tip #13: Start a Garden
Plant seeds are much cheaper than grown produce. While you’re unlikely to grow every fruit and vegetable your family consumes, starting a garden and just growing a few of your favorites can save you money. For instance, you might grow lettuce, tomatoes, and cucumbers to make your own salads and skip the overpriced salad kits. Excess tomatoes can be turned into pasta sauces or canned for later use. You can also reduce costs on fruits, whether it’s fresh fruits or jam and pie filling. via jam or pie filling.
There is some time and labor involved in gardening, but many people find the savings worth it. Plus, it’s very possible that what you grow is more flavorful than what’s available at the grocery store.
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Beware of Shrinkflation: Tips to Know
Most households are keenly aware of how inflation hits them in the grocery store. During periods of high inflation, the cost of many consumer goods heads higher—and $50 suddenly buys a little (or a lot) less than it did months, weeks, even a few days ago.
But sometimes, consumers suffer from a more insidious pinch on their wallets: shrinkflation.
Have you ever gone to the store, picked up the same bag of chips you always do, then suddenly thought to yourself, “This seems a little smaller than the one I bought last time”? In some cases, that’s not your imagination—rather than charging you more for the same amount of product (inflation), the company kept costs level but gave you less product (shrinkflation).
While complaining about shrinkflation might feel cathartic, it doesn’t actually save anyone any money. Fortunately, there are a few ways you can reduce your costs as shrinkflation spreads.
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1. Be Wary of Package Redesigns
Do brands sometimes redesign packages just to give them a fresher look? Absolutely. But sometimes they purposely redesign products when they are making them smaller to make the shrinkage less obvious.
If a brand you buy undergoes a redesign, that’s a great time to check to see whether the amount of product is the same. You probably don’t have product design memorized, of course, but if you shop on websites or a store app, you can look at past purchases to see whether the amount listed on the old packaging is the same or less.
If you’re getting less, it might be time to consider an alternative.
2. Price Compare
Your current brand choice might not necessarily be the most affordable option—even if you opt for generic products! Check out price labels to see how many ounces, pounds, milliliters, etc., you’re getting per unit. This is the easiest way to directly compare which product is giving you the better deal.
Interestingly, buying a product in bulk doesn’t always save you money, so it’s worth comparing different sizes of the same product as well.
3. Switch to Reusables
Toilet paper prices stressing you out? Consider switching to a bidet to reduce how much toilet paper you need to buy. Yes, you might have to pay more upfront, but it should save you money over time.
For less extreme methods, consider that paper towels can be switched out for reusable washcloths, and single-use water bottles can be subbed out for reusable ones. (If you’re worried about water taste, you can even get water bottles with built-in filters.) And in many cases, reusables don’t just save money on groceries—they’re better for the planet, too.
Related: Stop Shrinkflation! 10 Products Affected + Tips to Save Money
Shrinkflation is the deceptive practice of making products smaller instead of raising costs to cover any rise in the cost of producing that product. We cover several examples of shrinkflation and tips to save money.
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So if you’re looking for a starting point for your own portfolio, look no further. Check out our list of the best long-term stocks for buy-and-hold investors.
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In addition to the greatest hits offered by most fund providers (e.g., S&P 500 index fund, total market index funds, and the like), they also offer specific funds that cover very niche investment ideas you might want to explore.
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Still, if you’ve ever thought to yourself, “it’d sure be nice to collect these dividends more often,” you don’t have to look far. While they’re not terribly common, American exchanges boast dozens of monthly dividend stocks.
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