Food shopping Savings
While rises were recorded in the cost of housing and utilities, rates, transport, alcohol and tobacco- food prices fell 1.3 percent, influenced by lower prices for vegetables (down 21 percent).
However over all food prices lifted despite the tumble in fruit and vegetable prices as it was offset by increases in other products like eggs.
With this in mind, along with the rising cost of living in NZ, NZCU Employees have some tips to help you food shop on a budget:
Have a Plan
Before you head out to the shops, decide on what you need, how much you have to spend, and what shops you need to visit.
Make a Checklist
Once you’ve created a plan, the next challenge is sticking to it. A checklist will help you to stay focused and will hopefully make sure your plan is executed beautifully.
Don’t get your fruits and veggies from the supermarket
Supermarket fruits and veggies are expensive if fresh and if they’re reasonably-priced they’re probably days old. To get veggies that are both fresh and reasonably priced, you have to go outside of the supermarket to either the markets or a green grocer.
Online supermarket shopping gives you a real time tally of how much you’re spending, so you can make cuts at the end to get under your weekly spend.
It also cuts out the temptation to buy spontaneously as you can’t see the products on the shelves. Delivery costs might act as a deterrent, but factor in the cost of petrol and time and you’ll find it evens out.
Only Take The Right Amount of Cash
If you’re going in, stop yourself from falling for ploys to make you buy things you don’t really want, or need. To stop yourself from being tempted to buy that “once in a lifetime bargain,” only walk with the right amount to buy everything on your checklist.
Limit Your Time and shop on a full stomach
The longer you spend shopping, the more you’ll want to spend. It’s only natural. And shopping hungry leads to unnecessary purchases. So give yourself a specific time for each store. Set a timer on your cell phone to remind you when you’ve been browsing for far too long.
Buy home brand and walk if you can
Not only is walking a good form of exercise; it’s also cheaper than paying for transport or gas. And it keeps you from buying more than you can carry home. Homebrand or generic brand products are just as good on the inside, and in fact, many products come off the exact same production lines as the full-priced, pretty versions.
Access your cash for food shopping via our flexible transactional account, the EVERYDAY ACCOUNT gives you unlimited access to your funds through ATMs, EFTPOS, phone, app and internet banking.