We all need to eat, so Live! With Regis and Kelly concluded its "Save a Dime in '09" series with a visit from Consumer Reports senior editor Tod Marks to discuss ways for saving money at the grocery store. We've heard some of his tips before, but they are great reminders of how to make the best choices for your wallet. Here are the ideas Marks shared with the show's audience.
- Buy in bulk and share with a friend: It especially makes sense to buy dry goods in bulk, but always remember to check unit prices to ensure the bigger items actually cost less. For things with expiration dates, consider splitting the cost with a friend.
- Store brands: Marks says buying store brands instead of national brands is the number way to save. He organized a taste test for Kelly Ripa and guest host Jerry O'Connell, and they had a tough time differentiating samples of peanut butter and cream cheese.
- Medication: The active ingredient is often the same in store brands and national brands, yet the store brands tend to be much cheaper.