Financial Tip of the Day
I finished my grocery shopping earlier today. Twice a month, my husband and I do a large grocery run to replenish everything we need until our next trip. Shopping twice per month saves us LOTS of money.
The more trips you make to the grocery store, the more you end up spending monthly. This is because you often end up buying smaller sizes of items with the idea of needing them to last a shorter period of time.
Take milk, for example. When you buy four quarts of milk instead of buying one gallon in a month, you end up spending quite a bit more. Multiply this by all the other items you do this with, and you can easily overspend by hundreds.
With clients, I’ve noticed that those who make larger shopping trips, less frequently, spend considerably less than those who shop every week. I even had one client who shopped EVERY day. Needless to say, they had a HUGE grocery bill.
By making fewer, but larger, grocery trips every month, you’ll save so much on your shopping bill. Plus, your savings automatically increase because you end up spending less on gas/transportation to get to the store. The net result: having more money to spend or save on the people and things that you love even more than groceries 😊.