Wednesday, December 17, 2008

Tips to Cut Your Grocery Bill


Stockpiling is when you buy large amounts of items you frequently use at the lowest price

I use to think that waiting until I needed something was saving me money, boy was I wrong. For example: I waited until I needed dishwasher detergent so I had to spend almost $5.00 on that one box of detergent because it was not on sale when I needed it. Now when I see a sale on dishwasher detergent I buy as many as my budget will allow. For example: (dishwasher detergent was on sale for $3.00 and I had 10 coupons for $2.25 off so I bought 10 boxes for $7.50. I now have enough detergent for 6 months.)

Stockpiles don't happen overnight. When I started this money saving journey it took me about 6 months to create a good stockpile of the items my family uses.

Here are my stockpiling tips for ya.
  1. Make a master shopping list of items your family uses.
  2. Set a stockpiling budget (for me I set aside $10 to $15 a week).
  3. Purchase large amount of a specific item when it is at its lowest price (match with a coupon if you have one).
  4. Don't buy more than you can use before it expires.
  5. Set up a stockpile a store does. Place new items behind older ones.
  6. Don't hoard stockpiles are meant to be used.
  7. Monitor your stockpile. When you start to get low on a item it's time to start to look for low prices to replenish it.

If you do this process you will be less likely to ever pay full retail for items again. This will defiantly save you money!

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