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Retirees are no exception.
Many retirees find their budgets stretched by increasing health costs and market fluctuations reducing investment income.
Grocery bills are an area they look to cut.
Burbank said many of his retired clients opt to buy generic or store-brand items over name brands.
Over a year, that saves hundreds, Burbank calculated.
Clients also cut back onpre-prepared or packaged items, preferring to cook from scratch using whole foods.
Burbank said his clients avoidimpulse purchases and luxury itemsas well.
My clients focus on needs over wants and plan menus around whats on sale each week.
By being flexible and willing to try new foods, you could find nutritional and affordable options.
GOBankingRates asked retirees on limited monthly budgets to share what they are no longer buying at the grocery store.
Also see which groceries you’re able to stop buying to save thousands this year.
There really isnt a comparable replacement for those.
The initial price is steep but in the long run it is more economical, he said.
Also, you have to have a big freezer.
Another retiree in the study reported: I no longer purchase soft drinks or snacks.
I have cut out just about everything I can.
I attempt to eatmore in-season fruits and vegetablesand purchase less canned or processed foods.
One retiree from the Savings.com survey reported cutting down onfruits, lettuce and vegetables.
Still, retirees want to find a way to eat healthy and maintain a balanced diet.
I shop at big-box stores in addition to Aldi, Walmart and Fresh Thyme.
I use these stores to compare prices.
I havent changed what I purchase at the grocery store.
I dont bother to have a grocery budget, said Janice Evans, a retiree living inSalt Lake City.
Evans said this has saved her an estimated $60 to $70 a month in food costs.
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