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How to save money on groceries and food

14 November 2019

We’ve all grabbed items from supermarket shelves that weren’t on our list. This, on top of a  cheeky takeaway or two every week, can add some serious bloat to our food spending.

When it comes to food and groceries, a third of Aussies don’t have a budget at all. The average spend is a massive $300 per person per week. But parents, savers, and savvy shoppers of all stripes can drop these extra dollars with good spending habits!

Plan ahead with your meal prep

Planning your meals in advance is one of the best ways to get greater control of your food spending. Knowing what your meals will be week-to-week can save you from doing multiple shops and buying items that you don’t need. Planning ahead and, say, swapping your store-bought lunch with a homemade wrap can help put a dent in your weekly food spend.

Shop the catalogue to avoid impulse buying

Shop with purpose and say goodbye to spontaneous spending by shopping the catalogue. Regularly flipping through the Woolworths and Coles catalogues lets you know what’s on sale. You never know – you could snag a premium product that may normally be outside of your budget at a bargain price! By shopping the catalogue, you’ll rock up to the supermarket with a definitive list and an estimated budget too.

Organise your pantry and fridge properly

By simply organising your food storage so that everything is visible, you can avoid doubling up on items or having something spoil before its expiry date. Spend a little time labelling your pantry items and putting them in proper storage containers and get to know your pantry inside-out!

Turn your leftovers into fresh meals

Leftover bolognese from last night? Turn it into shepherd’s pie! Too much roast veg for dinner? Put it into a salad! By getting frugal with your leftover, your food budget will go further and you can reduce wastage.

Keep your freezer stacked with pre-cooked meals

Busy days with the kids or long hours at the office can often end with scrolling through delivery apps or stopping off for a quick feed on the way home. A Suncorp report  shows that Aussies spend, on average, a whopping $83 dollars a week on eating out and takeaway. Simply having food in the freezer ready to go can be an easy way to spend less. Plan ahead by cooking larger portions, and stick a couple of containers in the freezer before you start eating.

Cut down on your meat consumption

Meat can be pretty costly, especially if you buy it regularly. By implementing things like ‘Meatless Monday’ or stripping back the amount of meat you cook every week, you can trim the fat from your food spending. If you find it difficult to part with your meaty fix, consider cooking dishes that use cheaper cuts of meat. Dishes like beef brisket and chicken drumsticks are affordable and super tasty!

Cook simple

When you’re flipping through recipes for dinner, look for ones that only use ingredients you already have at home rather than hard-to-find items. These specialised ingredients can wind up at the back of the spice drawer or vegetable crisper, barely touched before they go out of date. If you do want more specialised ingredients, consider whether they can be used in different dishes, not just that one-off dinner party dish.

Save with eGift Cards from Coles and Woolies through Suncorp Benefits

Eligible Suncorp customers can save on groceries at selected supermarkets simply by purchasing eGift cards through the Suncorp App.* 

Digital eGift Cards are easy to use and savings like these can really add up!

Explore Suncorp Benefits

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*The Reward and Recognition program ("Suncorp Benefits") is being operated by Loyalty Corp Australia Services Pty Ltd ABN 39 615 958 873.

Information is intended to be of a general nature only and any advice has been prepared without taking into account any person's particular objectives, financial situation or needs. Deposit Products are issued by Suncorp-Metway Ltd ("Suncorp Bank") ABN 66 010 831 722 AFSL No 229882. Please read the Product Information Document for Personal Deposit Accounts before opening an account. Fees, charges, terms and conditions apply and are available on request.

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