Go to Main Content

Advertisement

By Romana King on January 10, 2017
Estimated reading time: 1 minute

Do’s and don’ts of cutting your grocery bill

By Romana King on January 10, 2017
Estimated reading time: 1 minute

Follow these five tips to help slash your food costs

Advertisement

cutting your grocery bill — (iStock)

A typical Canadian family will spend more than $7,000 a year on groceries. Here are five tips to help you cut your grocery bills. DO: No. 1: Make a list. According to a University of Pittsburgh study, we spend almost twice as much on food when we mindlessly walk down grocery aisles. An easy way to stop overspending is to make a list. No. 2: Comparison shop. Some stores offer unit prices but it doesn’t hurt to do your own math. Just divide the cost by the number of units. For instance, a 16-ounce can of soup priced at $3.20 will cost you $0.20 per ounce. Now compare that to other options to find the best deal. No. 3: Stock up on sales. Grocery items typically go on sale every 12 weeks, explains Josh Elledge, founder of SavingsAngel.com. “My No. 1 piece of advice is to buy three months’ worth when you find a good deal.” DON’T: No. 4: Tune out the till. Keep an eye on the scanner as you’re checking out. If a price comes up wrong, you can often get the item for free*. (It’s part of the Retail Council of Canada’s accuracy policy.) No. 5: Stay at eye level. Expensive name-brand items are usually placed at eye level. To save money, scan up or down. (*Items up to $10.) Related:

[bc_video video_id=”6023880336001″ account_id=”6015698167001″ player_id=”lYro6suIR”]

Comments Cancel reply

Related Articles

A car steering wheel and a bowl of pasta, as symbols of how to get the best auto loan interest rate.

Car loan interest rates: What’s the best Canadians can get?

Car loan interest rates can be as confusing as a complicated recipe, and just as daunting to navigate. This...

Car loan interest rates: What’s the best Canadians can get?

Newcomer to Canada buying their first car at the dealership asking questions of the sales person about getting a car loan.

Newcomers to Canada

Auto loans for newcomers—questions to ask when buying your first car in Canada

Buying your first car in Canada is like any other major purchase. Ask a lot of questions, not just...

Auto loans for newcomers—questions to ask when buying your first car in Canada

A woman pumps gas into her sedan

What is the Canada Carbon Rebate? Plus, dates and amounts for 2025 rebates

The Canadian government is sending out the last carbon rebate of 2024. See who’s eligible and how much you...

What is the Canada Carbon Rebate? Plus, dates and amounts for 2025 rebates

A woman gives another woman a wrapped holiday gift

Cash Allocation

Planning holiday spending and cash gifts? Here’s how to boost your budget

Planning holiday spending and cash gifts? Here’s how to boost your budget

A collage of screenshots of money movies from streaming platforms

25 money movies (that actually stream in Canada)

As part of MoneySense’s 25th-anniversary celebrations, we’ve rounded up 25 notable and highly entertaining financial flicks. Grab the popcorn!

25 money movies (that actually stream in Canada)

A Canadian woman at home, looking at her loan options online, including secured vs unsecured loans.

Secured loans vs. unsecured personal loans: Which should Canadians get?

Before taking out a loan, learn the differences between these two types, which has better interest rates, and which...

Secured loans vs. unsecured personal loans: Which should Canadians get?

Canadians turn domestic for holiday travel

A weak loonie is discouraging U.S. trips, as extra flight capacity north of the border pushes domestic prices down....

Canadians turn domestic for holiday travel

Shoppers on Sainte-Catherine Street in Montreal on Black Friday

What’s included in Canada’s GST holiday—and how not to overspend

The temporary tax break will save Canadians money, but financial experts caution shoppers to do the math and avoid...

What’s included in Canada’s GST holiday—and how not to overspend

Food inflation: Canadians to spend $801 more on food in 2025

Food prices are likely to increase by 3% to 5% in 2025, but wild cards like climate change and...

Food inflation: Canadians to spend $801 more on food in 2025

Parents cook with their two young kids

How your family can save on groceries and more with Moi Rewards

How your family can save on groceries and more with Moi Rewards