Iâ€™m a fan of NTUC Fair Price, Cold Storage, Giant, Carrefour & Watsons and guess I should share some tips on saving more money that I practice.
- Buy or borrow newspapers and check out promotions/best buys!
Very often these stores will advertise on papers about their promotions. When a store advertises, doesnâ€™t mean that itâ€™s got the best price in Singapore. Donâ€™t come back commenting that you bought something much more expensive but was on promotion. (Read #2)
- Start to compare and remember prices
You donâ€™t have to go around the different stores looking remembering the prices of everything. Just roughly remember the price of stuffs you get more often. Example: Glico Pocky at 85cents at NTUC Fair Price. For some stuffs, Carrefour may be cheaper. If youâ€™re getting stuffs in larger quantities, sometimes Giant offers a better deal! If price isnâ€™t an issue, go over to Cold Storage for some fresh deals.
- Start buying house brands
Some people got the concept that house brands lacks quality. Not true. Maybe food wise, the taste may not be as good as some popular brands. Other than that, I guess theyâ€™re comparable. House brands are cheaper because they are less advertised. However, not always house brands are cheaper too. Remember, compare. (Read #2)
Brands and stores:
Fair Price – Fair Price
Watsons â€“ Watsons
Carrefour â€“ Carrefour
Giant – Giant
Cold Storage â€“ First Choice
- Buy what you need
Jot down a list of items you probably will need. I am a bad shopper as I always walk around the store for very long, aimlessly and buy everything that I see thatâ€™s on promotion. This is very wrong. Buy only what you will need to use or eat. (Buy more? Read #5)
- Buy 3 get 1 free?
Do you really need 3? If today, Giant starts to hold a promotion for Organic salt and offers 3 packets for the price of 2. Are you going to get it? Do you need 3 in the first place when youâ€™re going to take a year to finish 1. Thereâ€™s an expiry date to most items. (Not forgetting Active Ingredients too!) Think about it.
- Free Gifts vs. No free gift (Not always true!)
Buy tomato ketchup and get a free apron. Good deal isnâ€™t it? Letâ€™s put the word free aside. Normally when thereâ€™s no free gifts, tomato ketchups on shelves could be priced at a dollar or two cheaper. So make sure you check if you could get the one without a free gift at a better price. Donâ€™t be misled by the word FREE; nothing is free in the world. Unless you need the free gift, else itâ€™s not worth forking out the dollar for it, although itâ€™s a good deal.
- Quality vs Quantity.
I would take clothes detergent as an example. There are brands such as â€œAttackâ€ that produces detergent that is 2 In 1. Which means you do not need to buy any softener. And also you do not have to pour as much detergent as other brands because itâ€™s thicker. Thatâ€™s why you have to know whatâ€™s value for money.
- What size should I get?
Again I shall take clothes detergent as an example. NTUC Fair Price sells 2 Litre and 3.5 Litre Attack 2IN1 Liquid detergent for $7.65 and $11.95 respectively. But which one to get? Since detergent isnâ€™t perishable, start calculating. $11.95/3.5L=$3.4142/Litre for 3.5 Litres bottle and $7.65/2L =$3.825/Litre for 2 Litres. Isnâ€™t it obvious that buying the 3.5 litre bottle can save you more and itâ€™s going to last you a longer time? Bigger bottles doesnâ€™t mean cheaper sometimes though. Just be more calculative.
After reading what Iâ€™ve written above, it doesnâ€™t really matter whether the item is $9.95 or $10 (Cheaper doesnâ€™t mean better, refer to #7). Whatâ€™s important is you save through the tips above.
Next week, if I get some time to walk around the store again, Iâ€™m going to cover what you can get with many 1 dollars in your pocket. And again itâ€™s going to save you quite a bit (8 bits and you get a byte!) too!