Save on Last-Minute Groceries -- Savings Experiment

Did you know that last-minute grocery shopping can actually save you money? Here's how.

Store managers will discount meat, produce, dairy and bread up to 50 percent off when they don't think they will be able to sell these foods before they expire. These are usually marked with brightly-colored stickers.

To take advantage of these deals, ask your local grocer when they put out manager's specials -- they'll be happy to tell you when you can get the best prices. Using this strategy will require some flexibility in your cooking, but as long as you freeze or cook the food before its expiration date, it'll be perfectly safe to eat, and you won't be eating up your budget.

So, the next time you go food shopping, remember that buying your groceries at the last minute can pay off big.