Banish Food Waste
The only thing worse than spending more at the grocery store is watching those dollars disappear into the trash or down the garbage disposal. With inflation on the rise, it has never been more essential to eliminate food waste. Embrace those leftovers, freeze the excess, or share with those in need.
Stock Up On Shelf-Stable Staples
Even with prices on the rise, there are still opportunities to save. When deals pop up, take advantage and stock up. Filling the pantry with items like pasta boxes, jarred sauce and canned vegetables will help you save in the long run.
Experiment With Meatless Meals
With the price of meat rising faster than other grocery store staples, now could be the time to embrace your inner vegetarian. Meatless Mondays are a great way to begin. Of course, giving up meat entirely isn’t necessary, but going vegetarian one or two days a week could make a big difference in the size of monthly grocery bills.
Put Off Major Purchases If you are contemplating a major purchase, ask yourself if it is something you can hold off on buying. If so, putting it off until the worst of the inflation spike is over might result in considerable savings.
Optimize Your Fuel Economy The price of gas has been especially problematic as of late, and inflation at the pump is surely one of the most painful aspects of rising prices. Looking for ways to maximize fuel economy can have an outsized influence in this environment. Think about the way you drive as well as how many miles are traveled. Are there other, less expensive transportation options available?
Inflation is nothing new, and when prices are rising, it may cause worry. It is important to realize that your spending power can be retained by making strategic changes to how you shop, drive, cook, and live your daily life. These five inflation-fighting tips can make the most of your dollars.