Could you handle a big announcement that, overnight, food costs in the United States have miraculously dropped by 20%? That you will see this miracle in your local grocery or supermarket on your next visit? You can if you pay attention and then heed what you’re about to read. Know this: There’s not one single way to reduce your family’s food costs. The key is to use a combination of strategies.

EAT THE SALES. Build your grocery list from the sale ads. If it’s not on sale, don’t buy it, at least not this week.

Every supermarket and grocery store — even the discount outlets — have weekly sales. In fact, during a 12-week period, something in every department of that store will be on sale, and I’m talking about an authentic, fabulous sale. LOSS LEADERS.

Loss leader means the store is willing to let you buy the item at a crazy sale price that is even lower than its cost — just to get you through the door. They know once you’re in, you will end up paying full price for so many other things, you’ll willingly make up for its loss many times over. But don’t fall for that.

Beat them at their own game. Load up on those loss leaders if they’re items you and your family will eat and you have room to store in the pantry or freezer. Now you won’t need to rebuy until the next sale.

KNOW YOUR PRICES. Supermarkets routinely drop prices by 20% or more for loss-leader sales. That’s the time to buy.

Devise a system that will keep you current on the shelf price versus.