If you were told you could save anywhere from 40 to 70% on a purchase of two identical items, would you not take advantage of that savings?
When it comes to buying the generic options for select items rather than the brand name version, you could do just that! Pain relievers such as acetaminophen, cold medicine and eye drops, the ingredients are identical to the brand name option with an average of 57% savings over the name brand alternative. With just a few minutes of comparison, you’ll find the same is true with many household purchases, including bottled water, milk, margarine, and most cleaning products! Popular spices like oregano could cost you an additional 300% or more by selecting the name brand over in-store version.
WOTV 4 women’s finance expert Nancy Loftis