Helping you live the most important rules of thrift:
1) Spend less than you earn and 2) Make saving a priority!


Wednesday, November 17, 2010

Generic vs. Name Brand

A great way to save money is to buy generic or store brands rather than a name brand (except when the name brand is on sale and you have a coupon:-).  Feel you are absolutely loyal to a specific brand?  Try a taste test with your family.  See if they notice a difference in taste.  If not, then you can continue buying the generic version.  If they did, go back to your preferred brand.  At least you gave it a try!  We've tried this and have discovered that most generic/store brands are just as good as the name brand (some are even better!).  There are a few items, such as tomato soup, where we prefer the taste of the more expensive name brand.

Generics especially save you money when buying over-the-counter drugs and prescription drugs.  Add up the savings!