The Store Brand Might be the Same as the Name Brand
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The Store Brand Might be the Same as the Name Brand

Posted on Monday, June 15th, 2015 at 12:16 pm
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Want an easy way to save some money on groceries? Compare the ingredients of the store brand to the name brand. They might be the same!Want to save some money on your grocery bill? There’s a simple way to do it that doesn’t even involve coupons. Compare the store brand to the name brand of a particular product. Chances are, the store brand will be made of the exact same ingredients. In general, the store brand is going to be less expensive than the name brand.

It’s time to throw brand loyalty out the window! This doesn’t mean that you have to quit buying products that are made by your favorite brands forever. There will be times when you have an awesome coupon that makes the name brand cost less than the store brand does.

The goal is to find the things you love at a lower price. Why spend extra money, for the exact same thing, when you don’t have to? There are many times when the store brand of a certain kind of cereal, canned vegetable, or tissue will be exactly the same as the name brand version. In general, the store brands are the more frugal purchase.

The first thing to do when you compare a store brand to a name brand is to take a look at the ingredients. You might be surprised to find that the two are exactly the same. Each one has the exact same stuff in it.

What about things like tissue or toilet paper? This might come down to “trial and error”. If the store brand is cheaper in price – it could also be cheaper in quality. Or, sometimes the store brand is just as good as the name brand. Try out the store brand and see.

The How Stuff Works website has some more tips for people who want to save money by choosing the store brand over the name brand. For example, did you know that milk is the same no matter what the name on the label happens to be?

Milk comes from cows, and there is no such thing as a “name brand cow”. Of course, there are differences in types of milk (skim, 2%, 1%, low fat, lactose free). Pick the same type, and then compare the price of the brand name to the price of the store brand.

Another great way to save money is in the cereal aisle. This is especially true for the types of cereals you may have grown up with. Compare the store brand corn flakes to the brand name version. The ingredients will probably be exactly the same. Use the same technique to find the least expensive version of raisin bran, rice crips, or shredded wheat cereal.

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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.