Groceries account for the second biggest cost for most Aussie households, see how to start saving.
➜ How much the average Aussie spends on groceries a week
➜ How to waste less food
➜ How to save money on your grocery shopping
We all need to spend money on groceries, but what many of us may not realise is that groceries account for the second biggest cost for most Aussie households, after housing and before transport.
According to Canstar Blue, the average single person spends $145 per week on groceries and the average family of four spend $187. But Aussies waste about $2,500 a year per household, costing us $48 a week.
People say reasons for their food waste include: not being organised, not knowing what to do with leftovers, buying too much and changing plans as some of the top reasons for discarding unused food.
Of course, the amount you spend on groceries will also change depending on where you live, how many you’re feeding and where and how you shop, but changing a few habits could help you reduce costs and your waste too.
Here are a few tips
Having your groceries factored into your budget can help you to stay on top of your financial fitness.
If you’re unsure how you’re going in this area, you could see if your banking app lets you track your grocery spend or set a spending target each time you go to the shops. Or read about how to set a simple budget.
Simple tips to help you think about any credit card debt you might have.
Find out how an emergency fund could help you bounce back if the unexpected happened.