It is day three in our “how to cut your grocery bill in half” series. If you are just now joining us, make sure you catch up on the last two posts, we have talked about
Now we are going to talk about a stock up price guide.
A Stock up price guide is what I want you to work on this week. What is it, you ask?
It is simply a piece of paper where you will write down the items that you buy the most. For example, on my list I would write down, Ketchup, toilet paper, paper towels, deli turkey, turkey bacon, mustard, salad dressing, croutons…. you get the idea.
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After you right your list you will then go to the store to figure out what their regular price is. Once you have that, you will start to keep track of what your best price is for each of those items. If you have been couponing for a while, then this will be easy. If you are new, then you will keep updating this paper as you continue to coupon.
Here is how to create a stock up price list.
1. Write down your pantry items that you buy regularly
Like I said earlier, you will write everything that you buy all the time. If you buy it weekly, or monthly right it down. These are items that you want to save the most on, because you buy them so regularly.
2. Go to the store and add your regular prices.
Next time you head to the grocery store, right down what you would normally pay for those items. If it is yogurt, then write down how much you pay for yogurt each time you go to the store. Do the same thing for every item on your list.
3. Start slashing prices as you coupon and shop sales.
If you are couponing (which I hope you are. If not, read my easy Couponing 101 guide), then slash the prices as you find those items cheaper. If juice is on your list and you normally pay $2 for it, but this week you get it for $1, then slash that price to $1. If you get it for $.50 two weeks from now, then make sure you slash the price again.
Eventually all of your items will have a low price. Soon you will start to see that you can’t get any lower and then you will have the “stock up price” for that item. Soon you will have your own family’s custom stock up price list.
4. Now use it to save money.
The idea to making a stock up price list is so that you can save money. Once you have the lowest price possible, try to stockpile those items so you never have to pay full price again. Make sure you read my post on how to create a REAL stockpile to save you money. Now, you won’t always get the lowest price because you have a life to live, but if you strive for it – you will save some serious money.
You probably will even cut your grocery bill in half…. or more!
My question for you… do you have a stock up price list? Would you like to see mine? Stay tuned…. later this week I’ll post my stock up price list for you to see. 🙂
Make sure you read these other frugal posts to help you save money:
- How to Create a Stockpile
- Couponing 101 – everything you need to know to coupon
- How to Cut Your Grocery bill in half – week 1
- Week 2 – why you need a schedule
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