Top 5 ways to save big bucks on groceries - Action News
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Top 5 ways to save big bucks on groceries

Personal finance expert Kerry Taylor took Peter Armstrong host of On the Money on CBCNN to a grocery store to share some of her best cost-cutting tips.

Personal finance expert Kerry Taylor offers ways to save thousands of dollars on food each year

The grocery list

8 years ago
Duration 6:34
Financial writer Kerry Taylor shows Peter Armstrong some tricks to saving money at the grocery store

The average Canadian householdspends around $6,000 a year on groceries, making that trip through the check-out aisle one of the highest household expenses after housing, income taxesand transportation.

That grocery bill averaged $5,880 in 2014, the last year for which Statistics Canada data is available.

But what if we said youcould cut that bill substantially? We went shopping with personal finance expert and blogger Kerry Taylor, who says a few simple changesin our shopping habits can net big savings.

"We get into a rut and we keep doing the same thing we've always done, or what we've learned from our parents," Taylor says.

"So by making a switch, switching to generics, shopping the perimeter, opening up the flyers, doing some meal planning, you're going to cut this cost by hundreds, maybe even thousands a year."

Thousands of dollars a year? It's true, she says.Here are Kerry'stop fiveways to cut down your grocery bill.

1. Shop in season

Thegreat cauliflower crisis was a stark reminder that in a country like Canada, getting vegetables out of season can sometimes cost big bucks. SoTaylor says it's critical tobuy things when they'rein season. Better yet, geta bunch and freeze them for later.

If you haven't planned ahead, don't worry, she says.Flash-frozen vegetables are cheap, and they maintain almost all their nutritional value.

For even more savings, buy your produceat discount grocery chains instead of higher-market stores.

"It's the exact same produce grade, the exact same everythingit's just 40 per centless,"says Taylor.

The best bang for your buck is often around the perimeter of the store and not in the middle aisles full of junky processed food, says personal finance expert Kerry Taylor. (Shutterstock)

2.Work the perimeter

We all know the safest zone of any grocery store is the perimeter. Those middle aisles are stockedlargely withchips, candy,cookies and other packaged foods. The best deals and most nutritious foodsare along the edges.

Taylor says you can get most of what you need without making a foray into the middle.

"By opting to shop the perimeter first, you're going to spendyour valuable money on higher-nutritional food," says Taylor.

3.Avoid brand names

You've heard it before, but opting for the generic over a brand name can save you all kinds of money around25 per cent, says Taylor.

And if the quality isn't what you were expecting,you can often get a refund, she says."Alot of these products have a money-back guarantee."

4.Pay attention at the checkout

By the time most of us arrive at the check-out counter, we're usually primed for a quick exit. Taylor says this is where a cautious, eagle-eyed shopper can make a big difference tothebottom line especially if abarcode is wrong.

Thanks to something called the Scanning Price Accuracy Codefrom the Retail Council of Canada,there aresavings to be had when scanning mistakes are made.If an item under $10is scanned with the incorrect price,it'sfree. "If it's over $10,you get $10off," says Taylor.

Most shoppers don't pay attention when items are scanned, but catching mistakes can be worth your while. (Brian Snyder/Reuters)

Although the code is voluntary, "a lot of retailers adhere to it," says Tayloryetfew shoppers even know about it.

"Just say, 'Hey, I think that mis-scanned. I think that's free. Thank you.' Be polite, be Canadian," says Taylor.

5.Focus on price per unit

This is where the rubber really hits the road. Taylor regularly visits stores to compare prices for her blog. But she says, even within a single store, unit pricing can make a big difference. A unit price tells you what something costs at its smallest unit. For instance, how much toilet paper you are really getting in that 24-pack of Cottonelle compared to a 12-pack Scotties,or how two different brands of peanut butter in two different-sized jars really compare.

"It's not always the biggest box orthe biggest jar that's best deal," she says. Just look on the price tag and see what the item costs per gram and compare away. But don't forget tobring your reading glasseswe're into the really fine print here.

The lowest sticker price isn't always the best deal, Taylor says. Pay attention to the price per unit instead. (Clarke Canfield/Associated Press)

Her last piece of advice is the one that all shoppers have likely learned the hard way: Don't go to the store hungry.