Grocery Shopping Strategies and Savings

The video discusses the impact of inflation on grocery budgets, noting an 11% increase in costs from 2021 to 2022. It offers three tips to manage grocery expenses: 1) Use a shopping list to avoid impulse purchases, 2) Eat before shopping to prevent buying unnecessary items, and 3) Opt for generic brands to save money, as they often offer similar quality to name brands without the added cost of advertising.

What was the estimated percentage increase in grocery costs from 2021 to 2022?

• 5%

• 20%

• 15%

• 11%

Why is it important to have a shopping list when going to the grocery store?

• To compare prices

• To avoid impulse purchases

• To remember what you need to buy

• To save time

What is a recommended strategy to avoid expensive shopping trips?

• Bring a friend

• Use a shopping app

• Eat before you go

• Shop late at night

What can you keep in your bag or car to prevent shopping on an empty stomach?

• Fruit snacks

• Water bottles

• Granola bars

• Shopping coupons

Why are generic brands often cheaper than name brands?

• They are made in different countries

• They have lower advertising costs

• They use lower quality ingredients

• They are sold in smaller quantities

How much can you save on average by choosing generic brands over name brands?

• 10-15%

• 25-30%

• 30-35%

• 20-25%