Grocery Shopping Secrets: Loss Leaders
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Grocery Shopping Secrets: Loss Leaders

Posted on Thursday, November 20th, 2008 at 9:40 am
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Loss Leaders

Did you know that you can save anywhere from 30-90 percent off of your groceries just by employing some tried and true grocery shopping secrets? Don’t be left behind. Make your food budget stretch as far as possible. Here is one the ways that you can save.

Shop the loss leaders

Grocery stores advertise sales for products with full knowledge that they will lose money on the deal. They do this to bring you into the store where you will spend lots of money on other things. They give you a little to get a lot of return. But you know what? You can use this marketing technique to your advantage. How? Read below.

Before you go shopping, take a look at the sales papers for your stores. You probably receive these papers in the mail, but they can also be found in your Sunday paper or online through the grocery store’s website.

Now, concentrate on the outside pages. The best deals, the loss leaders will appear mostly on that front page. There may also be some loss leaders on the back page and on that first internal page, but the front page is where you want to concentrate your grocery shopping.

Take advantage of items on that page that you need and stock up as appropriate. Later, I’ll tell you how to combine those loss leader items with coupons to get the biggest savings (sometimes you can even get your groceries for free!).

Don’t forget to check out all of the Grocery Coupons that are available for free.

Psssst! Check back later today. I’ll have a bonus post that tells you how to get some great deals with coupons at two major grocery stores!

And don’t forget to click on the Editor’s Blog at the top to review past posts, including great coupon codes.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.