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Many brand-name products are beloved by Americans, especially among older adults who’ve developed an affinity for certain brands over the years. But there are a number of items that shopping experts recommend consumers buy generic to save money.
Let’s start with your pantry. Generic foods cost as much as 40 percent less, a recent CNET study of groceries sold at Wegman's and Stop & Shop found. Many are just as good as their brand-name counterparts, says Andrea Woroch, a consumer savings adviser in Bakersfield, California.
“Generic and store brands have come a long way in recent years,” she says. “Many generic groceries are also made in the same facilities as name-brand ones, so you’re paying less without sacrificing quality.”
Lindsey Chastain, a mother of four in Skiatook, Oklahoma, has been buying generic products for more than a decade to cut costs. “I always check the price per unit when comparing products, and I keep a list on my phone of the generic products we like,” she says.
Older Americans didn’t have as wide a selection of products growing up as shoppers do today. However, consumers now often face an overwhelming number of options, says Amy Keating, a test program leader at Consumer Reports with more than 15 years of experience evaluating food products.
Worried generic groceries won’t taste as good as your name-brand favorites? “We have tested so many foods in different categories, and they have been comparable in quality to name brands,” says Keating, who shops generic when she buys coffee, olive oil and peanut butter.
Here are seven household staples you should consider purchasing generic to save money.
1. Frozen produce
All frozen fruits and vegetables are flash-frozen at peak ripeness. That means the quality and nutritional values are generally the same no matter the brand, says Keating.
“Generic frozen produce is about 30 percent less than name-brand options, and many stores run sales on their own brands, so you can often get deals,” says Woroch. “Plus, you can stock up when you snag a sale without worrying about frozen veggies or fruit going bad.”
One example (note that prices can vary depending on where you shop):
Brand-name: Goya Frozen Whole Strawberries (16 ounces), $4.69
Generic: Giant Frozen Whole Strawberries (16 ounces), $3.59
Savings: $1.10
2. Maple syrup
Producing maple syrup isn’t simple, and its high price reflects the labor-intensive process of turning tree sap into something to put on your pancakes. So even generic maple syrups don’t come cheap, but many cost substantially less than well-known brands.
“If you are a connoisseur of maple syrup, there are definite nuanced differences between brands, but for the average person, this may not be an issue,” says Keating.
One example:
Brand-name: Butternut Mountain Farm 100 Percent Pure Maple Syrup (32 ounces), $22.50
Generic: Target Good & Gather 100 Percent Pure Maple Syrup (32 ounces), $16.99
Savings: $5.51
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