One in four Americans have no retirement savings, and food expenses can take up a significant portion of retirees’ budgets. Consumer finance expert Austin Kilgore recommends avoiding certain items in your grocery cart to save and spend smartly. Before heading to the store, clean out your pantry and fridge to see what you already have and plan meals around those items. Avoid buying too many “extras” and stick to your list to save money. Look for sale items and use digital coupons to maximize your savings.
Be cautious of overpriced bulk buys, as they may not always save you money in the long run. Consider splitting goods with family or friends to make the most of larger quantities. Avoid purchasing too many perishable products, especially if you live alone and may not consume them before they spoil. Check for unit pricing on the shelf or use your cell phone calculator to determine the best value for your money.
Avoid buying off-season produce, as it tends to be more expensive. Instead, purchase fresh produce at farms, orchards, or farmers’ markets to save money and support local businesses. Consider planning your meals around in-season produce to save even more. By being mindful of what you put in your grocery cart, you can make smarter choices and stretch your retirement savings further. Prioritize your spending and avoid unnecessary purchases to ensure financial security in your golden years.
