BUSINESS + ECONOMY

How to cut down on your costs at the grocery store

May 19, 2023, 4:00 PM

A grocery-shopping guru joined KSL Podcast D2 to offer tips and advice on how to pinch your pennies...

SAN RAFAEL, CALIFORNIA - APRIL 12: Customers shop for eggs at a Sprouts grocery store on April 12, 2023 in San Rafael, California. (Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

SALT LAKE CITY — Since knowledge is power, power your way through shopping with advice and tips from a grocery-store guru.

Last year, U.S. consumers saw the largest annual increase in food prices since the 1980s. While food prices generally increased about 2% in prior years, they increased about 11% from 2021 to 2022.

Sticker Shock at the Grocery Store? Inflation Wasn’t the Only Reason Food Prices Increased

The increase in food prices “has been going on for the better part of two years now. . . Now we’re talking about chicken breasts at nearly $4 per pound. You used to be able to get it for $1 per pound or even $2 per pound. So it hasn’t just gone up 10% here. It’s up 100% in the last couple of years,” Dave Noriega from KSL Podcast D2 said. 

Vicenza Vicari-Bentley, the coordinator for USU Extension’s Empowering Financial Wellness program, joined Dave Noriega and Debbie Dujanovic, from D2, to discuss ways to trim your grocery costs.

Base your shopping list on grocery ads

“Hopefully the tips aren’t just: ‘Dave, you need to eat rice and beans all the time.’ Because if that’s the solution, I’m gonna cry,” he said.

“My first one is use weekly store ads when you’re preparing your menu and your shopping list,” Vicari-Bentley said. “Friday’s a great day for planning your meals because a lot of the stores will post their week’s discounts and their deals that day or sometimes even the day before.”

Let the government help build your meal

Each year, 119 billion pounds of food is wasted in the United States, which equates to 130 billion meals and more than $408 billion in food thrown away each year. Shockingly, nearly 40% of all food in America is wasted, according to Feeding America.

“Before you go to the store, shop from your pantry, your fridge or freezer,” Vicari-Bentley advised. “What do you have that you need to use that you can use to make a meal.”

“You go to myplate.gov, and they have a great search-friendly recipe database,” she said. “You just type in the ingredients that you have and it’ll pop up meal and recipe ideas. I said ‘I have beef. I have onions. I have tomatoes. Give me a recipe’ and boom.”

Her search found this recipe first: Beef Pozole Soup.

Watch out for shrinkflation

Companies maintain their profit margins by keeping the same sticker price but reducing the size of the product. An example:

Charmin reduced its Mega roll from 264 to 242 sheets and cut the Super Mega roll from 396 sheets to 363. That’s 8.3 percent less product for the same price.

7 Products Hit Worst by Shrinkflation

Shops by units not packages

Vicari-Bentley recommends shopping by unit pricing.

“Most of us have a smartphone. . . Figure out the price per unit [to see] if it’s really a good deal.”

“Sometimes the toilet paper that’s on sale is actually more expensive if you count the number of sheets you get than the stuff that’s not on sale,” Debbie said.

Related: Annual inflation cooled off slightly in April

 

Dave & Dujanovic can be heard weekdays from 9 a.m. to noon. on KSL NewsRadio. Users can find the show on the KSL NewsRadio website and app, as well as Apple Podcasts and Google Play

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

Federal reserve building...

Analysis by Krystal Hur, CNN

Stagflation fears just hit Wall Street. Now for the next crucial report on prices

The weakest pace of growth since the second quarter of 2022, when the economy contracted, and well below the Atlanta Fed’s estimate of a 2.7% gain.

11 hours ago

Gas prices in Utah are almost a whole dollar more on average compared to Colorado....

Allessandra Harris Gurr

Utah gas prices are about a dollar more than in Colorado. Why?

There's a big difference (almost a whole dollar) when it comes to gas prices in Utah versus our next door neighbors in Colorado.

11 hours ago

The seal of the Federal Communications Commission (FCC) is seen before an FCC meeting to vote on ne...

DAVID HAMILTON AP Technology Writer

Net neutrality restored as FCC votes to regulate internet providers

SAN FRANCISCO (AP) — The Federal Trade Commission on Thursday voted to restore “net neutrality” rules that prevent broadband internet providers such as Comcast and Verizon from favoring some sites and apps over others. The move effectively reinstates a net neutrality order the commission first issued in 2015 during the Obama administration. In 2017, under […]

12 hours ago

Passenger drop off their baggage at United Airlines in C Terminal at George Bush Intercontinental A...

DAVID KOENIG AP Airlines Writer

Airlines will now be required to give automatic cash refunds for canceled and delayed flights

The Biden administration issued final rules to require airlines to automatically issue cash refunds for things like delayed flights.

20 hours ago

Ahead of the NHL to Utah party on Wednesday, Utahns crowded the plaza of the Delta Center and waite...

Simone Seikaly, Eric Cabrera, Emma Keddington, Adam Small

Utahns showing up for the NHL in Utah

Ahead of the NHL to Utah party, Utahns crowded the plaza of the Delta Center and waited in long lines for the party to start.

2 days ago

ftc building shown, a new rule would bar noncompete agreements for most...

CHRISTOPHER RUGABER AP Economics Writer

New federal rule would bar ‘noncompete’ agreements for most employees

The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements.

2 days ago

Sponsored Articles

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.

...

Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

How to cut down on your costs at the grocery store