How to cut your grocery bill by 90%: is it possible? | Money Under 30 (2024)

Raise your hand if you feel like your food budget is out of control… like, every. single. month. Yeah, me too. And if you’ve finally had enough, you’re probably all like:

How to cut your grocery bill by 90%: is it possible? | Money Under 30 (1)

With inflation kicking into high gear I think everyone is taking a look at their grocery bills these days. So, here are a few of my favorite tips on how to save money at the grocery store.

What’s Ahead:

1. Shop at discount grocery stores like Aldi or Trader Joes

One of the easiest ways to save on food is to shop at discount shops like Aldi and Trader Joes. These stores tend to be cheaper than your average grocer for a number of reasons:

  • They have lower overhead costs.
  • They’re less focused on marketing (or “branding”) their products.

For instance, one Clark.com study found that you can save 33% on groceries by shopping at Aldi versus a name brand store like Kroger — and 20% by shopping at Aldi instead of Walmart.

2. Compare prices between stores — even if it means driving to a few different ones at first

Speaking of grocery stores… even if you already have a go-to place you like to shop, take a day or two to price check other stores in your area. You may find that one item is significantly cheaper at one versus the other.

For instance, say your household goes through two gallons of milk per week. If milk costs $2.49 at Walmart and $1.49 at Aldi, that’s $104 a year you could save on just one item!

Price check other staples like sugar, flour, canned beans, eggs, spices, vinegar, and more for even more savings.

3. Plan your meals for the week based on what’s on sale

Another great way to save on food is to plan your meals based on what’s on sale. It may take some extra effort upfront, but the pay-off could help you pay less at the grocery store.

To do this, start by browsing your local grocery store’s weekly circular. Pick out a few items that are on sale. Then, make a list of meals you can make with them.

For instance, say chicken, beans, noodles, and pasta sauce are on sale. You could make white chicken chili with the chicken and beans, and chicken alfredo with the noodles and sauce. Just like that, you’ve got two hearty meals to keep you satisfied for the week.

Brownie points if you use “buy one, get one free” (BOGO) deals to stack your savings even more.

4. Clip coupons and look for discount codes

In addition to planning your meals around what’s on sale, you can also save on food by using coupons.

For example, apps like Ibotta scan your grocery store receipts and give you cashback when it’s found a coupon for something you’ve purchased.

Likewise, a cash back credit card that’s good for groceries can be a great way to stretch your grocery budget even further. Just make sure you pay your bill off in full every month to avoid interest.

5. Always, always, always eat your leftovers

There are two types of people in this world: those who love leftovers and those who despise them. If you’re in the latter camp, learning to love (or at least tolerate) your leftovers can add significant savings to your wallet.

One study found the average person can save $375 a year simply by eating leftover food. A family of four could save as much as $1,500 a year.

And if you’re thinking, “Yeah, but leftovers are GROSS! ”, well, it could be that you haven’t found meals you like or you haven’t learned how to properly reheat your food. Do some experimenting. If it teaches you how to save money on groceries, it’s totally worth it!

6. Stick to your grocery list and don’t buy anything that’s not on it

A huge part of saving money on food is making sure you stick to your shopping list and avoid everything else.

Grocery stores are incredibly clever. They use a whole bunch of mind-bendy magic to get you to spend money you don’t have:

  • Putting milk in the back of the store so you have to walk down several aisles to get to it.
  • Having a Nutella stand right next to the bananas.
  • Displaying sugary cereal at kid-eye level.
  • Lining the checkout aisle with candy bars and tasty treats.

All of these tactics are meant to entice you to spend just a little bit more on groceries than intended. And even if it’s just an extra $20 a week in “extras,” it can add up to $1,000 or more over the course of a year.

7. Buy in bulk — the larger the quantity, the cheaper the price per unit

One study found that you can save up to 25% on groceries by buying in bulk at a store like Costco or Sam’s Club. But the key here is to only buy in bulk if:

  1. It’s already a product you use regularly.
  2. You know for a fact you can use it all before the expiration date.

Otherwise, it may end up throwing your grocery budget completely off track.

8. Go with the generic store brand

Did you know that store-brand items are typically 20% to 25% cheaper than name brand? That’s why switching over to your store’s private label can be a great way to save on food.

If there are certain name brands you can’t give up — like, say, Oreos or Coca-Cola, that’s okay. Try buying the generic version of pantry staples like flour, sugar, mayonnaise, cooking oil, and trash bags instead. You’ll be less likely to notice a difference in quality — if there is one at all.

9. Make your own sauces and spice mixes at home

Another great way to save on food is by making your own sauces and spice mixes at home. (I know this from personal experience, having spent far too many years buying store-bought versions of my favorite condiments.)

But the truth is, there’s really no need to ever buy taco seasoning, salad dressing, or “special burger sauce” if you have the basic ingredients in your pantry. It’s often cheaper to make it yourself — and it tastes way better.

For instance:

  • Taco seasoning is just chili powder, smoked paprika, cumin, oregano, cayenne pepper, and salt.
  • Special burger sauce is just mayonnaise, ketchup, hot sauce, and relish.
  • Honey mustard vinaigrette (my favorite salad dressing) is equal parts vinegar, olive oil, dijon mustard, and honey.

10. Grow your own vegetables or herbs in a garden or container

Tomatoes, green onions, basil, and parsley are all super easy to grow at home — even if you don’t have an outdoor space.

For instance, I bought a living basil plant from my local Whole Foods for $3.99 over a year ago. As I pick off leaves, the plant grows new ones — and I haven’t had to buy basil since.

I also did the same thing with a $0.79 bundle of green onions. Just cut off the white rooty ends, put them in water, and voilà… you’ll have more green onions within two weeks’ time.

Summary

At the end of the day, there are many ways to slash your grocery bill by up to 90% — whether it’s by shopping at discount stores, planning your meals around sales, using coupons, or buying in bulk.

Featured image:JulieK2/Shutterstock.com

How to cut your grocery bill by 90%: is it possible? | Money Under 30 (2024)

FAQs

How to cut your grocery bill by 90%: is it possible? | Money Under 30? ›

Before heading to the store, think about all the meals you want to prepare for the week and make a list of the ingredients you'll need for them. Then, when you're actually shopping, stick to the list. No impulse buys! Once you have all the ingredients you need for the week, prepare as many meals in advance as you can.

How to cut a grocery bill? ›

17 ways to save money on groceries
  1. Make a meal plan.
  2. Shop alone if you can.
  3. Shop during the quietest days of the week.
  4. Swap expensive cuts of meat for cheaper options.
  5. Buy generic products.
  6. Avoid buying hygiene products at the grocery store.
  7. Stick to the store's perimeter.
  8. Pay with a grocery rewards card.
Oct 23, 2023

How can I keep my grocery bill under $30 a week? ›

Before heading to the store, think about all the meals you want to prepare for the week and make a list of the ingredients you'll need for them. Then, when you're actually shopping, stick to the list. No impulse buys! Once you have all the ingredients you need for the week, prepare as many meals in advance as you can.

How do I reduce my food bill? ›

Learn tricks to cooking on a budget

Tins, and dried foods such as pasta, rice, noodles and oats should feature heavily on your shelves. Replace fresh fish, veg and fruit with frozen. Choosing frozen salmon rather than fresh, as in these salmon and pesto parcels, can save you over 55 percent.

What is a reasonable amount of money for groceries? ›

What's a reasonable food budget? Many financial advisors and gurus recommend spending no more than 10%-15% of take-home pay on food, a figure that includes restaurant dining and takeout.

How to spend less money? ›

How to spend less money
  1. Avoid eating out. Eating in can be a great way to save money every month. ...
  2. Buy generic and used. ...
  3. Use public transportation. ...
  4. Check your insurance rates. ...
  5. Ask for discounts. ...
  6. Unsubscribe from marketing emails. ...
  7. Save your tax refunds.
Apr 10, 2024

How to survive on $20 a week for food? ›

Your Shopping List
  1. 1 bag of dried beans: $1.49.
  2. 2 pounds of chicken breast: $3.76.
  3. 1 jar of peanut butter: $1.98.
  4. 1 jar of jelly: $1.79.
  5. 1 loaf of whole wheat bread: $1.63.
  6. 1 dozen eggs: $1.26.
  7. 1 container of oatmeal: $1.35.
  8. 1 bag of dried lentils: $1.39.

Is $50 a week enough for groceries? ›

Planning out your meals so you use all of the ingredients, both raw and cooked, plus pantry staples and frozen goods means you can make a week's worth of dinners for around $50 in groceries.

How to save 200 a month on groceries? ›

How To Save $200 on Your Grocery Bill Every Month
  1. Plan Your Meals Around Savings. ...
  2. Join a Loyalty Rewards Program. ...
  3. Always Buy Generic. ...
  4. Swap Meat for Plant-Based Protein a Few Times a Week. ...
  5. Use a Cash-Back App.
Aug 1, 2023

How to keep food costs low? ›

8 Tips to Reduce Your Food Bill
  1. Limit Eating Out. It's probably obvious, but takeout, that delicious ramen place, and even quick "cheap" burgers add up quickly. ...
  2. Plan Your Grocery Shopping. ...
  3. Reduce Food Waste. ...
  4. Buy in Bulk. ...
  5. Set a Food Budget. ...
  6. Plan for Leftovers. ...
  7. Meal Prep. ...
  8. Brew Your Own Coffee.
Dec 14, 2023

How can I make my food bill cheaper? ›

6 ways to cut your grocery bill
  1. Take advantage of loyalty schemes. ...
  2. Switch to own-brands. ...
  3. Plan meals and portions carefully. ...
  4. Work out if you're really getting a good deal. ...
  5. Check the temperature of your fridge. ...
  6. Make better use of your freezer.
Apr 24, 2024

How can I get less expensive food? ›

By following these six tips, you may be surprised at how much you can stretch your grocery budget.
  1. #1: Plan Your Recipes. ...
  2. #2: Shop With a List. ...
  3. #3: Buy Frozen or Canned. ...
  4. #4: Cut Cost With Coupons. ...
  5. #5: Buy Store Brands. ...
  6. #6: Try Growing a Garden. ...
  7. Healthy Eating: Not “One Size Fits All”

Is $200 a month enough for groceries for one person? ›

* YES! It is possible to eat healthy for $200 a month. 30 Days on $200 shopping list is intended for one person.

How to cut grocery bill by 90 percent? ›

What's Ahead:
  1. Shop at discount grocery stores like Aldi or Trader Joes.
  2. Compare prices between stores — even if it means driving to a few different ones at first.
  3. Plan your meals for the week based on what's on sale.
  4. Clip coupons and look for discount codes.
  5. Always, always, always eat your leftovers.
Sep 11, 2023

What is a realistic grocery budget? ›

By Household Size

According to the USDA guidelines, you might spend $979 a month on a thrifty plan, $1,028 on a low-cost plan, $1,252 on a moderate-cost plan and $1,604 on a liberal plan. The USDA guidelines can provide a starting point for a food budget, but they don't consider all the variables that can affect cost.

What is a good monthly grocery bill? ›

By Household Size

According to the USDA guidelines, you might spend $979 a month on a thrifty plan, $1,028 on a low-cost plan, $1,252 on a moderate-cost plan and $1,604 on a liberal plan. The USDA guidelines can provide a starting point for a food budget, but they don't consider all the variables that can affect cost.

How to live off $150 a month for food? ›

Affordable and nutritious meal ideas for a $150 monthly budget include dishes like vegetable stir-fry with rice, bean and vegetable soups, pasta with homemade tomato sauce, and oatmeal with fruit for breakfast. These meals are cost-effective and can be made in large batches to provide multiple servings.

What is the 6 to 1 grocery method? ›

The 6-to-1 Grocery Method is a basic calculation (we're talking elementary-level math, basically counting), to plan your weekly grocery shop. Here's the system: Fill your grocery cart with six vegetables, five fruits, four proteins, three starches, two sauces or spreads, and one "fun" item for yourself.

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