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06.21.2021 / Budgeting « Back to all articles

How Much Can Generic Brand Items Save You at the Grocery Store?
woman buying groceries

Your grocery bill can quickly eat up a serious chunk of your monthly budget. Canadian grocery bills have gone up significantly in recent years, especially in certain parts of the country, and many Canadians feel the squeeze. However, if you currently purchase name-brand items, there's an easy trick to saving more: simply switch to the generic version of your favorite products! Here's just how much you could save with this easy change – and why you should try it today. 

You Could Save as Much as 25% 

Estimates vary on how much you could save buying generic, but some put the figure as high as 25%. That means you could slash your total grocery bill by a quarter! You can put that extra cash straight into savings, debt repayments, or whatever else you need. 

Save on Food, Paper Products, and More 

If you’re concerned that not enough generic products are available at your store to make a difference , the good news is that most stores offer a wide range of these items. You may be able to switch to generic: 

  • Paper plates 

  • Paper or Styrofoam cups 

  • Napkins 

  • Disposable cutlery 

  • Canned vegetables, meats, fruits, or soups 

  • Pet food 

Save Money Without Compromising on Quality 

Finally, keep in mind that many generic products have similar or even identical ingredients or components to their name-brand counterparts, which means you can save without compromising on quality. To make sure your purchase will still satisfy your family’s needs, you should: 

  • Check the nutrition label of generic food products to ensure the nutritional facts are comparable 

  • Compare generic paper products to brand-name ones to assess the quality level 

  • Compare serving sizes to check if the generic foods’ caloric content is higher or lower than the name-brand products 

Even though groceries are a necessary expense, you don’t need to spend too much of your hard-earned money to purchase the items your family needs. A simple switch like purchasing generic items instead of name-brand items can help save you a significant chunk of cash. Now that you know about this easy money-saving trick, try it out the next time you go to the supermarket. 

09.09.2021 / Safety

Use These Tips to Ensure Your Mobile Cheque Cashing Goes Smoothly
COVID-19 has changed the way banking services work for the near future. Due to necessary social distancing measures,…

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06.21.2021 / Budgeting « Back to all articles

How Much Can Generic Brand Items Save You at the Grocery Store?
woman buying groceries

Your grocery bill can quickly eat up a serious chunk of your monthly budget. Canadian grocery bills have gone up significantly in recent years, especially in certain parts of the country, and many Canadians feel the squeeze. However, if you currently purchase name-brand items, there's an easy trick to saving more: simply switch to the generic version of your favorite products! Here's just how much you could save with this easy change – and why you should try it today. 

You Could Save as Much as 25% 

Estimates vary on how much you could save buying generic, but some put the figure as high as 25%. That means you could slash your total grocery bill by a quarter! You can put that extra cash straight into savings, debt repayments, or whatever else you need. 

Save on Food, Paper Products, and More 

If you’re concerned that not enough generic products are available at your store to make a difference , the good news is that most stores offer a wide range of these items. You may be able to switch to generic: 

  • Paper plates 

  • Paper or Styrofoam cups 

  • Napkins 

  • Disposable cutlery 

  • Canned vegetables, meats, fruits, or soups 

  • Pet food 

Save Money Without Compromising on Quality 

Finally, keep in mind that many generic products have similar or even identical ingredients or components to their name-brand counterparts, which means you can save without compromising on quality. To make sure your purchase will still satisfy your family’s needs, you should: 

  • Check the nutrition label of generic food products to ensure the nutritional facts are comparable 

  • Compare generic paper products to brand-name ones to assess the quality level 

  • Compare serving sizes to check if the generic foods’ caloric content is higher or lower than the name-brand products 

Even though groceries are a necessary expense, you don’t need to spend too much of your hard-earned money to purchase the items your family needs. A simple switch like purchasing generic items instead of name-brand items can help save you a significant chunk of cash. Now that you know about this easy money-saving trick, try it out the next time you go to the supermarket. 

Need a
Loan?

Loans from $120 to $15,000. Get funded as soon as today!

09.09.2021 / Safety

Use These Tips to Ensure Your Mobile Cheque Cashing Goes Smoothly
COVID-19 has changed the way banking services work for the near future. Due to necessary social distancing measures,…