How This One Receipt Generated $100 Dollars in Savings in a Month

By Karen Cordaway   Updated 04/09/2019 at 2:51 pm

You’re about to see how I used the Receipt Reference Technique™ to save 100 dollars a month in 3 easy steps. And then I’ll explain exactly how I did it, so that you can possibly get similar or better results.

How I did it

  1. I put my grocery receipt on the fridge after going grocery shopping. “I used it to determine what I was wasting in an effort to spend less money on groceries. At times, I would forget that I put produce away. Before I knew it it had gone bad.” After putting away items from the grocery store, I put the receipt right on the fridge to remind me of what I put in the fridge.
  2. I then looked at the receipt before opening the refrigerator. “I used the receipt to figure out what my family and I were eating and what we were wasting. I can’t believe how many avocados and tomatoes I was throwing out!” You too can look at the receipt to figure out your eating patterns in an effort to eat everything you bought or buy less so it won’t go to waste.
  3. After marking off items that I used, “I realized I wasn’t going to be able to eat all of the groceries before they went bad. I used the information to better plan my shopping trips. I now buy fewer avocados and tomatoes. I make sure to use them right away too. I spend less money and make sure I use what I buy. It also became aware of the cost of groceries in general. As a result, I actively pay attention to what stores have the better deals. I took 100 dollars a month off of my grocery bill by using the receipt reference technique.”

    Marking off items helps you keep track of what you used and what is still in the fridge. Receipts have the date on them. So now I remember when I purchased the items, so I can finish them before they expire in an effort to save money and not waste food. Anyone can do the same.

Being mindful pays

I shaved 100 dollars a month off of my grocery bill just by being more mindful. That’s $1200 a year. Here’s another person who had great results using this technique.


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(Karen has been a lifelong Money Saving Enthusiast with an MS in Education and a blackbelt in grocery shopping. She shares her knowledge on her blog and as a contributor to Mamiverse. She was recently featured on a Fox News Website. In her spare time, Karen enjoys travel, photography, and reading. For tips like this, check out her website KarenCordaway.com. Also, follow her on Pinterest here.)

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One thought on “How This One Receipt Generated $100 Dollars in Savings in a Month

  1. Great idea! I make a menu each week and buy only what I need for that menu. We live pretty far from the closest grocery store, so it can be a pain if one of us is craving something and we don’t have the ingredients in the house. It certainly has saved us a lot of money.

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