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Apr 15, 2008 -- Strategies for coping with high prices at the supermarket

If you've been to the supermarket lately, you've probably gotten serious sticker shock. Prices are up the most they've been in 17 years; for example, staples like milk and eggs are each up 25%. So what can you do to cope with the price increases? For starters, you may want to shop at Aldi. This hard discounter does very little advertising, has small stores and a limited selection with a lot of house brands. But it's very cheap. Estimates suggest you can reduce your usual grocery costs by 40% when shopping at Aldi.

Wal-Mart comes in at a close second. The Wall Street Journal finds that Wal-Mart can be up to 30% cheaper than the traditional major supermarket chains. But beware that a major customer satisfaction index recently gave it a horrible score when it comes to the shopping experience. More customer-friendly yet cheap retailers you may want to visit include Trader Joe's and Fresh & Easy. Finally, be sure to check out CouponMom.com for access to a variety of coupons. Remember, every dollar you save at the market is an after-tax dollar that stays in your pocket.


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What others are saying

  • Oil and Food
    Hi, Kim Van Marter
    When congress mandated an ethanol/gas mix. It didn't lower oil imports it raised the cost of beef, cereal, Milk and other foods. Congratulations congress.
  • Disappointed in local choices
    One thing I've been very disappointed in since my move to the area is the extreme lack of choices for groceries in my area. The 2 main stores are Publix & Kroger (both expensive for regular shopping), Whole Foods and Trader Joes (if you thought Kroger & Publix were pricey....) and Wal-Mart. Costco/Sam's Club are out for single shoppers, don't need the bulk. I miss Aldi's! We need one in my area.
  • Grow Your Own
    I've found that most coupons are for processed foods that cost more than basic foods right off the cuff, so I don't bother trying to search for them anymore. I want organic quality at reasonable prices and I don't want to drive 50 miles to get it. My solution: Grow your own. Its convenient at dinner time and there are tons of support groups on the internet to help you out, even if you live in a congested urban area. Also, use a dehydrator to save leftover vegetables for use in soups and spaghetti sauces. This burns a little electricity, but is less expensive than throwing them out. You can grow more than you think on a tiny lot or roof top.
  • Food Costs
    Buy less.
    Buy the small size verses the large size.
    If you always buy 10 of something, buy 5 next time.
    I throw out food all the time, it goes bad, or my family thrilled with it in the store, doesn't want it a day or later and I end up throwing out the extra.
    I have gotten out of the "stock up now" mode/mind of grocery buying.
    I spend a lot less now.
    I deliberately buy smaller sizes, at first, this may not appear to be the best buy--but when my family now finishes a edible product, rather than me having to throw out dried up, stale un-eatten products.( jars of peanut butter etc.)
  • Frustrated!!!
    I usually like to throw in the extra snack for my kids to enjoy after school but lately they have been cut out of the grocery budget. It's hard enought to feed a family of four for a week on less than $100.00 just purchasing the necessities. I like Walmarts prices on certain items but unless you go in the wee hours of the morning it's often overcrowded and I find myself purchasing thing other than groceries that I don't neccesarily need. Publix is great if you want to pay for the customer service but who can afford to buy a weeks worth of groceries there? Not me! I like Kroger the best for ease of shopping but their prices are as high as anyone elses unless you are truly buying only sale items. I also love to go to Costco but unless you have a fortune to spend upfront for all of those bulk items that's not an option either. I have not tried Aldi, I don't even know where one is but I would venture to say if it's too far off the beaten path then I'm better off shopping the old standbys rather than burning a half tank of "liquid gold". Something gotta give!
  • Aldi
    I love this store. You are not only saving money, you are saving time. You don't need to go through a whole row of peanut butter, only crunchy or smooth. Very easy to shop and create great meals. Their website even helps you create menus with their products and creates your shopping list
  • My strategy
    I "troll" the aisles in my local Krogers for "manager's specials". They have them on produce, meat, deli, etc but on diff days. I freeze what I find. I also do the coupons, esp on sale items, but it's hard to find the time to shop all the specials in all the stores every wk for max saving power!!
  • I shop at publix
    Publix is a good place to shop if you get their buy one get one deals, also their produce department is outstanding and the pricing on produce is the same but usually better then the other stores, including walmart. Plus great customer service to boot.
  • how can people live with these high prices
    I work for the railroad and I'm starting to find it is getting hard to deal with these high prices. Gas and food and thats just a start. If I wasn't making the kind of money I do I'm not sure how I would deal with this.
    I have cut back and not eating out or doing any extra running around with our cars. I'm still looking for more ways to help save money......
  • You get what you pay for
    You get what you pay for. Aldi is cheap but mostly unhealthy and low quality. I'd rather pay extra for good healthy whole foods.
  • Supermarket prices
    Walmart isn't as competitive as they used to be. Their milk and eggs are the same price or higher than the supermarket. Combine that with terrible service, and I shop there less and less. I have been shopping at Costco and found that milk, eggs, and meat are considerably cheaper than the supermarket.

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Do you like the idea of auto insurers switching to a pay-as-you-drive model -- where how, when and where you drive may be monitored?
Yes, I'm all for any approach that can save me money.
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