Being a senior can be challenging, but it can also be a lot of fun. For example, when you go grocery shopping, it might seem like you never have enough money, but there are some tips and tricks that can help you stretch your money further when grocery shopping.
Using these tips and tricks, you’ll find that you have more buying power than you realized. In this article, seniors will learn how to eat healthy food on a budget!
The basics, take advantage of coupons!
Seniors love coupons for a reason; they help save a lot of money! You can find coupons for groceries all over the place. Try checking your local newspaper and searching online. You can find tons of valuable coupons online and with apps from grocery stores. If you are still getting used to using a smartphone or a computer, ask for help. The savings will be worth it!
Some of the savviest grocery shoppers organize their coupons by putting them into groups. This helps keep everything organized and easy to use when you go up to the checkout counter. You can organize your coupons by store, department, and by product type. For example, you can keep coupons for meat from the deli in one envelope and coupons for produce in another. Make sure that you bring your envelopes of coupons with you every time you go to the grocery store.
Take fewer trips to the store.
Another savvy tip that can help you save money on groceries is to take fewer trips to the store. Try planning and buying all of the groceries you need at least one to two weeks in advance. You’ll save money because you won’t be spending on gas to get to the store every other day. If you like taking trips to the grocery store every other day or so, that’s fine, but realize that you will end up spending more on gas when traveling that frequently.
Stretch out your meals.
The key to maximizing every dollar that you spend at the grocery store as far as possible is to stretch out your meals. This means cooking in bulk and freezing meals. Alternatively, you could prepare more meals from dry goods that are available in bulk.
With a few ingredients and a large crockpot, you can cook up enough chili to feed yourself for a whole week! The further you stretch a meal, the further you can stretch your money. The key is to make large meals that will generate plenty of leftovers for at least 5-6 days.
Avoid packaged or prepared foods and focus on cooking meals from scratch.
One of the best ways to get more bang for your buck at the grocery store is to avoid buying large quantities of packaged or prepared foods. Packaged and prepared foods are typically more expensive and highly processed, which means they aren’t good for your body or billfold.
Even if the packaged foods are not highly processed, you pay a premium for the convenience. If you were to buy all of the ingredients used in a prepared packaged meal, you would end up spending considerably less money than buying a packaged version of the same meal. There are some exceptions to this rule. For example, raw meat often comes in packages. Buying packaged meat in bulk is a great way to save money on groceries and you can freeze meats.
You can make several meals out of a large quantity of burger meat, but a frozen dinner is only enough for one meal. While buying packaged meat that you can freeze is thrifty, buying a prepackaged TV dinner is not.
Another advantage to buying individual ingredients is the satisfaction of cooking your own food.
Invest in a large freezer.
The longer you can store food, the less money you will spend at the grocery store. If you have been buying perishable items every few days without a freezer to put them in, you would have to keep buying fresh food all the time. Of course, you can keep dry goods or canned food around, but fresh ingredients don’t keep well without a freezer.
Seniors who own a large freezer have more freedom over how much food they can keep on hand and remember, you can freeze leftovers. One of the advantages of owning a large freezer is that you can take advantage of sales and discounts by buying food in bulk and freezing it.
What to do when you don’t have enough money for groceries.
Thousands of seniors struggle to pay for everything from nursing home care to groceries. If you or a loved one has been struggling to pay for groceries every week, it’s time to learn about the benefits of a life settlement. A life settlement is a simple transaction where you sell your life insurance policy for a large sum of cash. Why struggle to pay groceries when you can free up the money you need in one straight forward transaction?
At MRE Finance, we help seniors by guiding them through the process of selling their life insurance policy. Once you sell your policy, you’ll never have to worry about paying premiums again, and you’ll have money to spend on groceries or whatever you want or need.
MRE Finance, your partner in life settlements.
Selling a life insurance policy doesn’t have to be complicated. MRE Finance will guide you through the process and Selling a life insurance policy with the help of a team of experts is easy! MRE Finance specializes in helping folks sell their life insurance policies for cash during their retirement journey on their terms. Want to find out what your policy could be worth? Try our Free Life Settlement Calculator and receive a free estimate value of your policy in minutes. If you prefer to speak with someone, give us a call at 1-800-521-0770.