Money-Saving Tips for Students to Maximize Grocery Budgets

Budgeting as a student can be tough, especially if you do not have extra funds for groceries.

 

The staple diet of students – bread and cereal – is in fact getting exponentially more expensive each month, according to Statistics South Africa (Stats SA), and that is making budgeting even more difficult.

 

Experts say you should meticulously plan out your monthly grocery store run in order to save a bit of money or to even afford food.

 

Here are five useful tips when food shopping as a student that will help you:

 

1. Have a game plan

You need to start by deciding how much money you can put aside for groceries. Write down exactly what you will need to buy, with a focus on essentials first, you can buy treats once you have gotten the important items.

 

2. Compare prices

South African retailers’ prices on products can vary greatly even with the same items. If you want to score a bargain, invest some time in finding the most affordable prices.

3. Non-perishables are your friend

Non-perishable foods are processed or packaged to withstand prolonged storage; these include canned vegetables, boxed cereals, peanut butter, tea bags, and coffee.

These are very convenient as they can stay in your cupboard for a long time while still being healthy. You do not have to buy them on a daily basis so you can use your money to purchase whatever else you need.

They will also be there for emergencies when you run out of your perishable foods such as bread.

 

4. Use loyalty cards

Most South African supermarkets offer loyalty cards. With these you can get discounts and some decent savings every time you shop. Having several will ensure that you get a variety of deals that benefit your pocket.

 

5. Never shop whilst hungry

When you are perusing the supermarket aisles with a grumbling stomach, it may be hard to think straight and not go for the delicious snacks in front of you.

 

According to a study published in the US’s Proceedings of the National Academy of Sciences, unsatisfied hunger can even lead to a desire to buy non-food items.

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