The latest report from the USDA predicts that average grocery store prices will rise 7% to 8% 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.
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.
Ordering your groceries can also save you from extras your kids may ask for while at the grocery store. It can be eye-opening how a few new boxes of cereal or a couple of extra snacks can add up week after week.