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How To Save Money On Food In Canada? Here Are 11 Ways For You!

person Posted:  jonecarter
calendar_month 01 Aug 2022
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How to save money on food in Canada? With the absurdly high prices for veggies, milk, dairy products, and eggs, is it even conceivable? Prices have increased even further, and the average monthly grocery budget in Canada 2022 is anticipated to increase by $966.08 a year, or $14,767.36 for a family of four. In these difficult times, how to save money on food Canada?

Food is expensive, and the cost keeps rising. Finding strategies to save money at the grocery store the next time you go shopping is crucial because food is one of the main expenses for the average family. Due to this financial strain, it is more crucial than ever to find ways to save big on groceries and other necessities. Here are some suggestions for how to save money on food in Canada and some grocery shopping tips.

How To Save Money On Food In Canada?

Let’s have a look at how to save money on groceries on Canada Reddit.

Make A Shopping List

When you go grocery shopping, a list will help you maintain focus. A list provides you something to concentrate on and aids in keeping you inside your spending limit as opposed to wandering down the aisle and choosing whatever grabs your attention. A pre-made list will help you avoid forgetting anything and can prevent you from making multiple journeys (and wasting gas) to the store.

Collect Coupons

The game of food shopping has traditionally included coupons. They used to be included in flyers, or grocery stores would hand out actual coupons to customers. The standard today is digital coupons. Numerous traditional methods of obtaining and using coupons are still effective today, but signing up for the newsletter of the supermarkets or retail stores you visit is a wiser move.

To those that subscribe they frequently send coupons. If you prefer to shop online, you may also be able to locate coupons and promotional codes there. The main issue is that during sales, the coupons are not always accepted.

Buy In Bulk

Store for later when your regular supermarket goods and household supplies go on sale. When they are on sale, customers buy larger quantities of rice, pork, frozen fruits, and other items, typically saving up to 50%. If you do not already have one, get a chest freezer. When frozen, meat and the majority of other goods last up to six months or longer.

Earn Cash Back By Using Grocery Shopping Apps

You may use a number of apps to get cash back on your supermarket purchases. They generally operate under the premise that every single week, they have a variety of deals that are eligible for cash back. Any store of your choice is available for purchases.

Upload your receipt using the app after scanning it and receive cashback. Once you have earned a certain amount, say $20, you can redeem your cash-back.

Use A Price Matching App For Grocery

Price matching and searching for retail establishments that are offering the same products at a lower price make it simple to save roughly 10% of your grocery costs. You can create a brochure listing the competitor's costs or utilise an app that provides price comparisons for several stores in your neighbourhood. In any case, you have a chance to shop at your favourite retailer for the best deal.

Check the store's or competitor's inventory before asking for a price match. The store you are attempting to price-match at will not accept your request if the rival establishment does not have that precise item in stock.

For Grocery Purchases, Use Cash

If you use your credit card to pay for groceries and you do not have a habit of paying off your balance before it runs up a debt, you may end up paying a lot more in interest than you need to. If you fall into the minimum payment trap, the situation could get considerably worse.

You will not have any trouble using cash or only your debit card to go grocery shopping if you can set aside a fixed sum of money for food from each income. Additionally, having cash allows you to better monitor your ongoing spending.

Use Generic Brand

It is simple to simply walk to a market and select the products that everyone raves about. Many of these brands profit from that and demand a premium for recognition. However, if you are prepared to do some research, you will be able to find a number of regional and generic brands that are just as high in quality as the named names (if not more), and you do not have to spend top money for them.

If there is information available, you can explore these products online, or you can buy a few generic brand items along with your regular groceries and try them out for yourself.

Avoid Pre-Packaged Food

Pre-packaged comes in a recognisable denomination or is prepared and ready to use, many individuals favour pre-packaged food. However, it will cost you substantially less if you go for raw veggies that you will need to wash and cut by hand or a whole block of cheddar cheese that you can shred by hand.

Your purchase volume for prepared goods will determine this. You can save somewhere between 25% and 40% by choosing raw or unprocessed food items instead. Consequently, you may save $500 to $800 if you spend $2,000 annually on pre-packaged groceries.

Buy Seasonal Fruits And Vegetables

Buying seasonal foods will reduce your grocery bill. Especially if you enjoy making smoothies, buy, cut up, and freeze fruits when they are plentiful, affordable, and fresh. You will not need to buy them as frequently once their season is over, and they are more expensive if you make jam and can do what you can.

Bottom Line 

 

This guide is about how to save money on food in Canada. There are several methods to cut costs on groceries, from using coupons to purchasing in-season fruits. You can save quite a deal of money by incorporating a few into your regular food shopping.


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