The only right way to save money on groceries

The grocery store can really eat up a budget — the monthly median spending on food for American families is roughly $520. The key to grocery shopping the right way lies in joining your grocery store's loyalty program and being strategic to maximize your member's savings benefits. "Your grocery bill is one of the few items in your monthly budget where you actually have some control in what you spend and save," consumer savings expert Jeanette Pavini of Coupons.com told Business Insider.

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