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Ways I Save Money: Skip the Brand Names (usually)

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Just because a product has a famous name on it, does it make it that much better? Not usually. Some of the products that have a well-known brand name are really just other products under a different label and some are even made by the same manufacturer as generic versions.

If you think about it, it makes sense that brand names are more expensive. They advertise more! That’s why you can see a logo and be able to tell what brand it is associated with. The swirls of Coke…the swish of Nike. We see tons of ads a day and that costs A LOT of money. So brand name products cost more to recoup the company’s advertising costs.

Whereas, the generic “no-name” brands do not advertise. They do not spend thousands (sometimes millions) of dollars perfecting the graphics on their packaging. They basically put out a product as inexpensively as they can and they pass the savings onto you.

Okay, there are sometimes differences with the taste of generic versus name brand. One thing I can think of is store brand mac & cheese versus Kraft mac & cheese. The Kraft version generally does taste “cheesier.” Personally, though, I like the more muted taste of the generic when made with the right amount of milk and margarine. So sometimes it is personal preference that needs to “rule” when deciding what product to purchase.

All things considered, we are largely a generic household. The only real exception would be when the brand-named items are on sale and they cost less than the generic. But overall, we are pretty happy with the bland packaging but not so bland taste of generic items. In fact, sometimes I think they taste better.

If you are willing, give generics a try and see if they work for you.

I’m Almost Ashamed to Post This – July’s Spending

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Wow. That’s all I can say. We still spent less then we earned, but just take a look at the dining! I had a feeling things would be higher last month, but over $230 is just insane for our family. That was made up of 17 occasions. That is way to many for us. I’d like to see that number around $80/month (going out to eat once a week).

With the increased dining, one would expect groceries to go down. But they didn’t. I really need to explore what is going on with the groceries. It’s time to pull out the receipts and take a real good look at what is going on. I know we can get our grocery bill down, and having the numbers for July 05 posted proves that.

There is a high expense for entertainment. That’s due to our decision to buy one thing that each of us really wanted (my bass guitar and my husband’s video game).

I also highlighted clothing. I am a little surprised by the money spent here because I didn’t realize how many times I’ve picked up clothing here and there. I thought I was more of a “buy a whole bunch when it’s on sale” type of gal. I just found it interesting and without looking more into it – I can’t remember what I bought. Probably was something we really didn’t need.

As always, questions and comments are welcome.