Wednesday, 12 October 2011

Saving Money tips on Groceries

"Prepare to pay more for Thai rice" - Straits Times October 11, 2011

"Hungry world will drive up food prices even higher"  - Straits Times October 3 2011

"Singapore inflation rate expected to remain high" - Straits Times Sep 3, 2011

When you are constantly bombarded with all these headlines, you understand why the dollars you have seem to buy you much less food than one year ago.

In order to stretch your food dollars, here are some super saver tips:

1. Frozen Option
- Opt for frozen meat rather than fresh cuts. It could reduce your bill by up to 50%. Frozen cuts are just as tasty as fresh ones, and as nutritious.

2. House Brand Advantage
- Buy supermarket house brands and items produced in Singapore and the region. They cost less. Example of house brand in Singapore supermarket are those from Fairprice and Cold Storage.

3. Less Meat, More Vegetable
- You could substitute meat dishes in your diet with bean and tofu dishes. And eat more vegetables. These are cheaper and healthier
.
4. Buy in Bulk
- Some essential items like rice can be much cheaper when bought in bulk. If the amount is too much for your household, ask the neighbours or your family members to share in the purchase.

5. Buy items on Sale
- Look over the newspaper advertisements and you will find items that are on sale for the week. However, buy it only if you need it. If you buy an item, store it and never use it then you have wasted your money.

6. Use coupons and discounts / rebates
- There are supermarkets / shops that offer discount to senior citizens on one day of the week. Another may tie up with a credit card company to offer rebates/ supermarket after you chalk up enough points.

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