Discover the ingenious $100-a-week grocery challenge that helped a woman save thousands!
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VanessaC
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With food prices on the rise, it’s easy for your grocery bill to spiral out of control.
However, Finance Expert Serina Bird believes she’s cracked the code to keeping your supermarket spending down without too much compromise.
She’s challenging four-person families to cut their grocery bill from an average of $250 a week down to just $100 per week—that’s hundreds of dollars saved just in time for Christmas, which is just 14 weeks away. This means you could save up for a holiday or extra special Christmas presents for your loved ones.
'It is absolutely possible,' Ms Bird said.
'What if you could save $100 dollars a week, or even $150 a week? That could mean a holiday for your family, that could mean a very special day, that could mean a lot of special presents.'
The secret to Serina’s method is to use cash in order to set up a separate supermarket fund instead of paying using your card at the checkout. This helps you see how much you actually have to spend on groceries, and it helps you stay within your budget.
'Psychologically, it helps you spend less,' she said.
Serina suggests using the first two weeks to use up what’s in your fridge, pantry and freezer—so you can get your funds into a surplus early.
'If you come in under $100 a week, that money carries forward,' Ms Bird added.
You can then use this surplus to buy more items in bulk, which helps you save on essential items like flour, canned foods and even minced meat.
But the most important element of this challenge is planning. Serina recommended making a grocery list with meals and snacks for the week so you can stay organised and only buy what you actually need.
With careful planning and budgeting, Serina said she managed to save $3200 over four months, which she spent on their family’s cruising holiday.
To add, experts at Finder said we should be cutting down on the amount of meat we purchase, with one expert believing it's actually a lot easier than many think.
'If you think of meat as the protein component of a meal—which is essentially what it is—you can definitely do that much, much cheaper with the right mix of vegetables,' Mr Kidman said.
'You're talking a savings of 10 times or more in the price of some of those things. So having that flexible attitude does help a lot to save money.'
While for some, these diets may seem restrictive and incompatible with their lifestyle, it's important to note that right now, fruit and vegetables are actually cheap.
The expert also encouraged people to research vegetarian meal options before grocery shopping to see which items on the list could be swapped out.
You can read more about these tips here.
Do you have other tips on how to save on your weekly grocery shop? Share them with us in the comments below!
However, Finance Expert Serina Bird believes she’s cracked the code to keeping your supermarket spending down without too much compromise.
She’s challenging four-person families to cut their grocery bill from an average of $250 a week down to just $100 per week—that’s hundreds of dollars saved just in time for Christmas, which is just 14 weeks away. This means you could save up for a holiday or extra special Christmas presents for your loved ones.
'It is absolutely possible,' Ms Bird said.
'What if you could save $100 dollars a week, or even $150 a week? That could mean a holiday for your family, that could mean a very special day, that could mean a lot of special presents.'
The secret to Serina’s method is to use cash in order to set up a separate supermarket fund instead of paying using your card at the checkout. This helps you see how much you actually have to spend on groceries, and it helps you stay within your budget.
'Psychologically, it helps you spend less,' she said.
Serina suggests using the first two weeks to use up what’s in your fridge, pantry and freezer—so you can get your funds into a surplus early.
'If you come in under $100 a week, that money carries forward,' Ms Bird added.
You can then use this surplus to buy more items in bulk, which helps you save on essential items like flour, canned foods and even minced meat.
But the most important element of this challenge is planning. Serina recommended making a grocery list with meals and snacks for the week so you can stay organised and only buy what you actually need.
With careful planning and budgeting, Serina said she managed to save $3200 over four months, which she spent on their family’s cruising holiday.
To add, experts at Finder said we should be cutting down on the amount of meat we purchase, with one expert believing it's actually a lot easier than many think.
'If you think of meat as the protein component of a meal—which is essentially what it is—you can definitely do that much, much cheaper with the right mix of vegetables,' Mr Kidman said.
'You're talking a savings of 10 times or more in the price of some of those things. So having that flexible attitude does help a lot to save money.'
While for some, these diets may seem restrictive and incompatible with their lifestyle, it's important to note that right now, fruit and vegetables are actually cheap.
The expert also encouraged people to research vegetarian meal options before grocery shopping to see which items on the list could be swapped out.
You can read more about these tips here.
Key Takeaways
- Finance expert Serina Bird is challenging families to cut their weekly grocery bill to just $100 to save money.
- Bird suggests using cash for groceries to psychologically spend less and making a conscious effort to use up existing food supplies to build a surplus.
- Bird emphasises planning meals, creating shopping lists, sticking to them, and shopping in bulk for staple items.
- According to Ms Bird, by adhering to this challenge, she saved $3,200 over four months, which she used for her family's holiday.
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