Save money on skyrocketing cereal prices

If you're the one doing the food shopping in your household, you know that those breakfast bills are taking a bigger bite out of your budget.

Cereal prices have been skyrocketing these days because experts say demand is down as people are consuming less milk and fewer carbs.

But that doesn't mean you have to pay full price.

Here are a few tips. First, store brand is always less expensive than name brand cereal.

But bagged cereal - even the name brand ones - are always the cheapest.

Next, if your family eats a lot of cereal, stock up once there's a sale and always use a coupon - sometimes you can combine store deals and manufacturer ones.

Finally, a little hack. Try combining sweetened and unsweetened cereal.

Buy one cheaper unsweetened cereal and mix with one presweetened cereal for less sugar and less money.

If you decide to try a store brand to save money, remember this - most stores will honor a money-back guarantee on their store brand if you're not happy with it.