Want to slash your grocery tab? Saving money on groceries is easier than collecting binders of coupons and buying 455 rolls of toilet paper.
We’ve compiled a list of simple (and some unexpected) tips to help you maximize your grocery budget.
1. Stop Overpaying at Amazon
Wouldn’t it be nice if you got an alert when you’re grocery shopping online at Amazon or Target and are about to overpay?
That’s exactly what this free service does.
Just add it to your browser for free, and before you check out, it’ll check other websites, including Walmart, eBay and others to see if your item is available for cheaper. Plus, you can get coupon codes, set up price-drop alerts and even see the item’s price history.
Let’s say you’re shopping for a toilet paper, and you assume you’ve found the best price. Here’s when you’ll get a pop up letting you know if that exact toilet paper is available elsewhere for cheaper. If there are any available coupon codes, they’ll also automatically be applied to your order.
In the last year, this has saved people $160 million.
You can get started in just a few clicks to see if you’re overpaying online.
2. Get $225 in Free Groceries Every Month
If we told you that before you head to the grocery store, you could get paid to watch cooking videos on your computer, you’d probably laugh.
It’s too good to be true, right?
But we’re serious. A website called InboxDollars will pay you to watch short video clips online. One minute you might watch a chef teach you the recipe for fudge brownies and the next you might get the latest updates on Kardashian drama.
All you have to do is choose which videos you want to watch and answer a few quick questions about them afterward.
It’s possible to earn up to $225 per month watching these videos –– that could make a serious dent in your grocery bill.
InboxDollars has already paid its users more than $50 million.
It takes about one minute to sign up, and you’ll immediately earn a $5 bonus to get you started.
3. Get Up to 40% Cash Back When You Pay For Stuff
Chances are you do some of your shopping online. Whether it’s pet food from Walmart, a new outfit from Macy’s or even a flight home for summer vacation, you’re probably leaving money on the table.
A free website called Rakuten has the hookup with just about every online store you shop, which means it can give you up to 40% cash back every time you buy something.
We spoke to one Penny Hoarder reader, Colleen Rice, who has earned more than $526.44 since she joined Rakuten. For doing nothing. Seriously.
Rice says she uses Rakuten for things she already has to buy, like rental cars and flights.
It takes less than 60 seconds to create a Rakuten account and start shopping. All you need is an email address, then you can immediately start earning cashback at your go-to stores through the site.
Your cash will be deposited directly into your bank account or via a check in the mail every few months. Talk about money for nothing.
4. Scan Your Groceries’ Barcodes For Free Gift Cards
Remember the Nielsen company? The one that’s always tracked TV ratings? Well, now it wants to know what’s in your fridge.
Once you sign up to be on the Nielsen Consumer Panel, you’ll gain access to the NCPMobile app. (If you don’t have a smartphone, Nielsen will send you a scanner.) As you unload your groceries after your next shopping trip, simply use the app to scan items’ barcodes.
Nielsen will reward you with points, which you can redeem for free gift cards, electronics (new TV, anyone?) and household items. The longer you stay on the panel, the more opportunities you have to earn.
Applying to become a panel member is straightforward. You’ll answer some basic questions about you and your household, then Nielsen reviews your application and will contact you when you’re eligible to join.
Some of the links in this post are from our sponsors. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin.