New Year, New (Lower) Grocery Bill
Bills, bills and more bills. They seem to pile up quickly and make saving money nearly impossible. But there’s one bill – the grocery bill – that, when used wisely, can actually be an easy way to help cut down on costs and grow savings.
In fact, there are many ways you can save on the weekly grocery bill. From coupons to rebates and rewards, you can find lots of discounts to cut the cost of the food bill. Specifically, one of our favorites is Favado, which allows you to clip and save coupons on your mobile device. And they even take it a step further by stacking coupons for you, maximizing savings. This is one of the quickest, most convenient ways to utilize different savings strategies with one easy tool.
But that’s not all, here’s the scoop:
Grocery shopping can take a big bite out of your household budget. In fact, a family of four spends up to an average of $1,300 a month on food at home, according to the U.S. Department of Agriculture. That means families can shell out more than $15,000 a year on groceries.
With the right strategies you can cut your grocery spending in half or more. Just ask Kyle Taylor, founder of personal finance blog ThePennyHoarder.com. When he was just a teenager, he was finding ways to whittle down his family’s grocery bill to less than $20 a week. Since then, he’s launched a career in helping people save more money.