Cut your grocery spending without couponing

If you’d like to save hundreds (if not thousands) on your grocery bill each year but aren’t interested in chasing after 40-cent coupons and driving all over town for food deals, there’s an easier way. You can cut your grocery bills without sacrificing your favorite meals with just a little pre-shopping planning.

As you get the hang of it, smart food shopping lets you watch your bank account get fatter while your credit card balances slim down.

Think percentages — not pennies
Saving 60 cents on a $1.20 item might not seem like a lot, but looking at the big, yearlong picture, you just cut your spending by 50 percent. If you spend $300 a month on groceries and can reduce your spending by just one-third, you save $1,200 each year.

That doesn’t include the $120 to $360 you’ll save on credit card interest, depending on your APR and how long you carry that balance.

If you put that savings into your 401(k) and your employer matches your contribution, the compound interest you’ll earn will help turn your nest egg into a nice fat retirement account.

Get more ideas: Read the rest of this article at TheDailyClutch.com.

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