Food Inflation Hits 40 Year Record: 5 Tips to Fight Back

With inflation rising at rates not seen in over 40 years, Americans are feeling the pinch in all aspects of their household budget, but perhaps none more immediate than the weekly grocery bill.

The latest report from the USDA predicts that average grocery store prices will rise 8.5% to 9.5% year over year. If the current forecast holds, that would be the highest inflation rate since 1980, when food costs rose 8.1%.

With no end in sight to rising costs, consumers are turning to other ways to rein in their grocery spending. From cash back apps to reducing food waste, here are five ways to beat inflation on every shopping trip.

Use a Cash Back App Like Fetch Rewards

Fetch Rewards is a free-to-use app you can download to your cell phone. Voted the “#1 Best Cash Back App for 2022” by The Motley Fool, Fetch Rewards has over 13 million active users and has paid out $73.3 million in gift cards over the past year.

For example, meat products will often go on sale – chicken one week, beef the next – and will be half the price compared to what you usually pay. If you are strategic with your meal planning, you can often save $5 or more per pound on meat products.

Shop Rotating Sales

Shop at Aldi and Other Discount Stores

Aldi, WinCo, and other discount grocery stores are often cheaper than typical grocery retailers due to their ability to limit overhead costs and offer predominantly store brand products.

If you're concerned about saving money on groceries, tracking what you eat, or more importantly, what you throw away, can significantly lower your grocery shopping budget.

Save 33% By Tracking What You Eat

Many grocery stores now allow you to order online for curbside pickup or will even deliver groceries to your front door. This simple change prevents you from wandering the aisles, tempted to add “just one more thing” to your cart.

Order Online to Avoid Buying Unnecessary Extras

Swipe up to learn more!