With cleaning products, most of your cost comes from the scent of the product, which tends to be better with brand name products. However if you are only concerned with how they clean, compare the ingredient list on the back of the store brands and the name brands. You may be surprised to see the only difference is in fragrance and coloring, and of the course price.
One of the biggest cost savings in a household budget comes from switching to generic medications instead of brand name medications. Saving on drugs can be accomplished on both over the counter medications (OTC) that do not require a prescription and prescription medications as well.
Over the counter medications such as pain relievers, cold medications and allergy medications are sold in stores like Rite Aid, Save-A-Lot, Wal-Mart, and Duane Reade under their store names. These generic OTC medications all contain the very same active ingredients as their brand name brothers and sisters sitting alongside them in the aisles. In fact, the Food and Drug Administration (FDA) requires that the drugs have the very same active ingredient and the total ingredient list must be within 5-10% of the same formula of the brand name counterpart.
Consumers can save even more money on prescription medications. Just as with the non-prescription medications, the FDA requires that generic prescriptions contain the same levels of active ingredients as the name brand. The reason that generic brands cost less is that they do not spend the same amount of money on advertising as the brand names do. Although many pharmacists can tell you whether there is a generic brand of your prescription available, it’s best to discuss the change with your doctor.
At the end of the day, the one thing you need to remember when it comes down to shopping generic brands vs. store brands is that comparison between quality and quantity is key in determining which side you should choose for each individual product.