Extra Super P Force: With the current state of the economy, saving money has become a top priority for almost every household, and there are plenty of ways to do it. One is by purchasing generic products whenever possible.
What are generic products? Generic products or brands, also known as off brands, are oftentimes the same product in a different packaging.
Popular brands cost more than generic brands because people trust them more, but that does not necessarily make them better. Generic brands can be equally as good as the well-known brands, if not better, but unfortunately, the public prefers to buy popular brands, making the rich companies richer and the public poorer.
By buying generic brands, there are a lot of things that you can save on like food for example. There are plenty of foods available out there that are just as good as the well-known products. You may not be familiar with their branding, but that does not make them inferior.
You could also save a lot of money by buying generic household cleaners, laundry detergents, soaps, shampoos, and even clothing. The boundaries are virtually limitless.
When it comes to buying generic food, buying them from a discount grocery store or from a wholesale club can increase your savings more. Most areas either have one of them or both.
You could also buy generic products in large quantities, especially when they are on sale. You may want to try the product first though to see if it matches your taste, and don’t stock too many perishable goods.
If you have a favorite brand, it is better to stick to that brand since variations between brands do exist. Only buy the generic brands of those products which you are willing to try switching. And you’ll soon notice that you have saved a lot of money by doing so.