Inflation has been one of the big storylines of 2022, hitting its highest peak since 1981. As a consumer, you’ve probably noticed an increase at the supermarket, gas station, and other stores. This article will go over a few easy ways to cut corners on spending, so inflation doesn’t empty your wallet. Keep reading below to learn about easy, effective ways to save money.
What It’s Costing You
Families in the US are actually paying up to $300 more per month on average in 2022. That’s why it’s essential to start using these money saving tips. In some situations, it may be necessary to get another job for extra income as well.
Sometimes people’s schedules are too busy for another job, limiting their options to beat inflation. So the easiest solution to offset these rising costs is being a smarter consumer.
Food Waste
Reports have shown that over 40% of food waste comes from our own kitchen. That’s no small amount of food going down the drain. Next time you’re shopping for groceries, be more mindful. Think about which foods you eat all of, and which foods you only eat half of before disposing of the rest. This will help lower how much you buy, and in turn decrease how much you waste too.
Don’t overlook the power of a good freezer. You can double the lifespan of perishable foods like cheese, bread, seafood, and other meat. Even greens and berries can still taste great after being frozen.
It’s a good idea to shop at different grocery stores, too. We all get caught up in our routine of going to the same supermarket, but we could be missing out on savings. Whether it’s a local drug store, or a big food retailer, sometimes they have items for less than our normal supermarket.
More Tips
Gift card sites can get you discounted prices at tons of name-brand stores. Big- chain restaurants are popular on sites like this, so you can have a big night out without spending a fortune.
Save Money On Gas
Fuel Savings programs can get you 5 to 10 cents off per gallon, which adds up quickly. You also want to download an app like Gasbuddy, which finds you the nearest gas station with the best prices.
Don’t forget to bring cash with you when filling up at the gas station. Sometimes you’ll get a small discount for paying in cash instead of a credit card.
Small Changes Big Savings
These money-saving tips may not seem like it, but they could change your whole budget around. Most importantly, remember to stay consistent with these every day strategies. The longer you use these tips the more savings will add up.
