8 things you should always buy generic to save money

Updated
Store Brand Vs Brand-Name: 5 Things You Can Save Money On By Buying Generic
Store Brand Vs Brand-Name: 5 Things You Can Save Money On By Buying Generic

It's easy to get caught up in the allure of "name-brand" products when you are shopping.

So, what's the biggest reason for this? According to a survey done by Consumer Reports, respondents 18 to 39-years-old question the quality of store brands. Many of the consumers believed that name-brand products taste better with 17 percent of the people surveyed stating "name-brand foods are more nutritious." However, when matched up against their lesser-known counterparts, the name brand and the store brand were of similar quality.

SEE ALSO: Buy this, not that: 7 foods to always buy frozen vs. fresh to save money

This research doesn't solely apply to food brands. There are a few non-food items that are worth more than brand-name products. Nielson reported that shoppers are beginning to recognize the latest and increasingly high-quality private label products. In fact, as of 2015, almost three-quarters of shoppers say private-label quality has improved over time.

If you're unsure of when you should purchase "generic" products over name-brands, check out the slideshow below for more information.

More on AOL
5 best things to buy duty-free at the airport
Prescription drug prices rising at a record rate in America
17 things you should always buy in bulk

Advertisement