Grocery shopping on a budget has always been tough, but now it can feel almost impossible for your family. You’re paying way more to fill your cart as usual.
For those with a tight spending plan, stretching your budget at the supermarket can get you into trouble. Your budget has its limits, and that extra spending has to come from somewhere.
For many families, that cash comes from savings. And without those, your family will be in a tight spot.
Why Are Groceries So Expensive?
You’re not getting worse at crunching your budget. Prices have shot through the roof due to inflation, hitting as high as 7.9% in February of 2022.
That means everyone’s paying more for groceries. Even a state like Texas has seen prices rise steeply despite being known for cheap groceries and even cheaper gas.
Why Are Emergency Savings Important?
Emergency savings are a backup when you have to pay for something unexpectedly, and it costs more than the cash you have at hand. You can tap into these savings any time your car breaks down suddenly or your kids need to see a doctor.
If one of these expenses collide with your budget when you don’t have savings, you may consider installment loans online. An online installment loan may fill the gaps in your budget when you’re in a lurch.
You can find installment loans in Texas that are available, even if you don’t have the best credit. Avoid Texas installment loans with no credit check, however, as this is usually a red flag. Legitimate installment loans tend to come with a credit check, even when they cater to subprime borrowers.
How Can You Save Money at the Store?
Borrowing at the grocery store is bad news. Online installment loans are convenient in an emergency, but they aren’t an option when it comes to your food bills.
Try these savings tips instead:
Get the Right App: You can find savings on everyday items by using a couponing app in store. If you shop online, download browser extensions like Rakuten and Honey to earn cashback.
Plan in Advance: Creating a meal plan can help you prioritize cheap ingredients and avoid impulsive snacks.
Batch Cook: Batch cooking meals so that you have convenient ready-made meals in the freezer for a fraction of the cost of what you’d pay for your grocer’s prepared foods.
Go Plant-Based: Inflation has caused meat, cheese, and eggs to cost a lot more nowadays. Vegan meals cost less, provided you stick to cheap lentils, legumes, and rice.
Buy in Season: Shop in season to ensure you aren’t overpaying for produce. Otherwise, rely on canned goods and frozen produce in lieu of costly fresh fruits and vegetables.
Avoid Food Waste: The average US family wastes $1,600 a year by throwing out produce. You can avoid food waste by learning how to store produce and herbs correctly.
Shop by Location: Budget-grocery stores and co-ops have better prices. In Texas, Food Store, Walmart, and Joe V’s Smart Shop are some of the cheapest locations. If possible, find outlets that sell over-run and close-out products for 30–70% savings.
Earn Points: Tapping your card at checkout? Leverage your credit card to earn in-store rewards and savingsthat you can redeem for more groceries
Grow a Green Thumb: Growing your own food is cheaper and more satisfying. You’ll also teach your kids an important life skill if you make it a family activity.