Australian Finance Podcast 6 ways to slash your grocery bill & save money
6 snips
Aug 29, 2024 Kate Campbell, a personal finance expert, and Owen Rask, a finance enthusiast, dive into savvy ways to tackle rising grocery costs. They share practical tips on meal planning, using discount gift cards, and exploring local grocers. Learn how bulk buying and seasonal shopping can drastically cut your bills. They also emphasize the importance of utilizing technology and cash-back programs. With their light-hearted anecdotes, you'll find efficient and enjoyable methods to save money while shopping!
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Rising Grocery Price Inflation
- Grocery prices have risen consistently, with food and beverages up 3.3% in the last year.
- This increase follows prior inflation, making food more expensive than it seems on yearly comparison.
Shop Beyond Coles & Woolies
- Shop at local fruit and veg grocers or farmer's markets for seasonal produce at better prices.
- Buy in bulk and consider sharing with friends to cut costs further.
Aldi and Bulk Stores' Price Advantage
- Aldi offers basic grocery items roughly 25% cheaper than Coles or Woolworths.
- Bulk-buy stores like Costco benefit larger families but may not suit smaller households.