02/07/2024
Four of the UK's biggest supermarkets - Tesco, Sainsbury’s, Asda and Morrisons - are now offering members of their loyalty schemes bonus points if they hit spending targets, leading to fears of consumer overspending: Warning supermarket loyalty 'challenges' could cause overspending - BBC News
Here's some tips on how to save money on your food shopping:
▪️ Learn prices: Get to know the cost of the items you buy regularly so you can spot what is a good offer and what is not
▪️ Compare price per 100g: Look along the shelf at similar items as loyalty prices might not be the cheapest option.
▪️ Set a budget and stick to it: Often supermarket vouchers or challenges will require you to spend more so don't be tempted to overspend
▪️ Stock up: If you do want to take advantage of a money-off voucher then bulk buy staples like pasta, rice or tinned food that have a long shelf life
▪️ Use tech: Use independent supermarket comparison apps to save your favourite items and get alerts when they go down in price