Editor’s note: This is a transcript of the audio file.
Food prices have grown this year, and they may not slow down anytime soon. Is your wallet ready?
I’m Kim Fulscher with your Bankrate.com personal finance minute.
In the fight against food inflation, one of the first weapons you have is your eyes. Companies may be camouflaging price increases by putting less food in the same bags and boxes, but you can look past the package. Search for price-per-unit labels at grocery stores, and they will reveal how much you’re paying per ounce at the register.
You can also trade high-priced food for the less expensive stuff. For example, cook chicken or turkey instead of beef, skip eating fish, swap your coffee for tea, and put canned, processed or frozen variations of your favorite foods in your cart.
In the next aisle, focus on buying fruits and vegetables that are in season. You’ll save money because the product wasn’t shipped from halfway around the world.
And remember, sales are your best friend. Look for weekly deals, stick to generic labels when possible, stock up on sale items and forget brand loyalty.
Log on to Bankrate.com for dozens of ways to save in style. I’m Kim Fulscher.