As you know, the world is going through some financial crisis because of the post Covid impact and the war between Russia and Ukraine, the inflation is decades high in many countries. New Zealand is no exception and the price index increased 5.9% from December 2020 quarter to December 2021 quarter. Additionally, biggest movement of 7.6% since June 1990 quarter. As a result the prices of fruits, vegetables, meats etc. are going crazy. Additionally, there are only 2 big companies controlling the supermarket sector of the country. So, government does not have much control over the grocery market. The economists are predicting this is unlikely that we will hear any good news soon. Reserve bank also raised the interest rate up to 1.5% which will have a direct impact on mortgages.
During this time the middle class or lower middle class people will suffer the most. So, this becomes very important to spend wisely. Spend less on liabilities and if possible build assets. Even though you can control your spending on other things, you will have to go to supermarket for sure to do your day to day grocery. So, an easy way or tips to save money on grocery will be very helpful.
In New Zealand, you will find a same product is cheaper comparted to another supermarket. Normally, things are a bit cheaper in PaknSave compared to Countdown or New World (you might need to compromise quality a bit which is negligible).
What is the Best Way to Compare Prices in between Supermarkets?
A person named Roc Wong has come up with a website named Grocer where people will be able to compare price of products from PaknSave, Countdown and New World which are top 3 supermarkets in New Zealand.
At this stage, there is no mobile app available for the app but the owner of the website is considering to create one mobile app. But, you can open the webpage in your mobile and then send the link to your homepage. By doing this, you do not have to type the web address each and every time and you can simply click on the icon and can go to the website.
From the Stores, icon you can select your desirable store whether it is PaknSave or Countdown or New World.
Scan, using scan option, you will be able to scan the bar codes of the product on the store and can compare price straightaway. Which is cool right? To scan you will have to allow camera access to your mobile.
Search, by search option, you will manually be able to search products like Oil or Rice or Banana. Just by clicking on the product, you will get the comparison.
Another good thing is, the price catalogues are updated almost everyday. So, you get the latest prices and do not miss any offer which is available in any store.
Some other tips:
There are some other grocery stores or ethnic supermarkets like TaiPing or Lotus or you will find out in your own suburb. Those supermarkets are quite cheap compared to the big supermarkets. So, give them a try as well before you head in for a big one! Enjoy shopping, enjoy saving!!
