Simple ways to save on your monthly groceries

Published 2 Jan 2025

A vendor shows old and newly introduced Nigerian Naira banknotes in a market in Lagos on February 16, 2023. - Nigeria has been struggling with a shortage in physical cash since the Central Bank of Nigeria (CBN) began to swap old bills of the local naira currency for new, re-designed ones, leading to a shortfall in banknotes. (Photo by Michele Spatari / AFP)

It’s a new year and the financial steps taken now will eventually add up in a big way for you. We know that one of the things that drains up savings is groceries, and they are necessary evil. But groceries don’t have to drain your wallet every time! Can you save up on groceries? Yes! How can I do that? Relax! Guardian Life has great tips that will ensure you shop the best items and also save up for the month. Check these out:

Shop with a list

Never walk into a store without a list. Random buys lead to overspending. Instead, write down only what you need before you live for the market or stores. This will help you to buy just the needed items without splurging on wants and impulse buys.

Hunt for discounts

The festive season is over. This means that sales will be reduced on certain items and vendors will certainly do discounts to keep afloat. So, keep your eyes peeled for sales, promotions, and those sweet “Buy 1, Get 1 Free” deals. Markets like Eko or Oshodi often have cheaper bulk options. Try them out and your savings at month end will thank you.

Buy in bulk

Buying in bulk is the new norm. This not only reduces the price but also keeps stress off. I mean, the joy of not going to the market every time is unmatched. foodstuff like rice, beans, and garri cost less when bought in larger quantities. Team up with friends to split costs if a full bag feels like too much.

Cook at home

We all have days when we want to do dinner and lunch at fancy restaurants. And I know the feeling with indulging with delicacies outside your kitchen. But if you need to save up, make cooking at home a dear friend. Homemade meals are not just healthier but way cheaper. Skip the daily suya or shawarma splurge and try your hand at recreating your favourites. Besides, who can really give you that tasty meal you dream if not you? Your cooking is the best!

Avoid big brands

Generic or local brands often pack the same quality without the high price tag. Why pay more when you can save? But of course, you can decide to do it big once in a while.
Shop in Season

Fruits and vegetables cost less and taste better when in season. Swap that imported apple for sweet Nigerian ones. And you know what, Nigerian mangoes are the best!
This year, set a money mantra for yourself to save big on anything always dragging money from your pocket. Prioritise saving up and your account will smile with steeze at month end.