We all want to lower our grocery budget. If you’re like us, that’s usually one of the biggest monthly expenses.Whether you use coupons or not your should have a price book. You don’t have to use Coupons, and it can god hand in hand with your meal planning.
Where I shop at there are four stores that I like to shop at Wal-Mart, Winn Dixie, Harvey, and Publix. People think I’m crazy. How do you know what to buy at what store? Well, it’s simple I use my price book. Every week I get a paper in the mail from each store. I then sit down with my price book and compare the sales prices with my price book.
How do you write a price book?
What you do is write down
- Store name
- Unit price
I use just a regular ole $1 notepad from the dollar store to keep track of mine. You should do this for every item you buy. I like to have my book organized, so I have mine set up in categories like baby, bread, meats, veggies, and so on. Do what works best for you, though.
How do you know the base price?
When I first started my price book I wrote the regular price down for each item I bought. Then weekly I check the sales paper for better prices. As I found lower prices, I would adjust my buy price. After about two months, I found the best prices because sales go in cycles. After eight weeks, I had been through all the sales cycles and had seen the sale prices at each store.
I’ve started my price book now what?
Every week Sit down and look for items that meet your rock bottom buy price. Buy enough of those items to last you until the next cycle. I also like to make my Meal plan around my sales and price book.
1. Track the prices of 5 – 10 items you buy most often.
If you try to track the entire your going to get tired of doing it. Start with 5-10 items and add-on over time. Once you’ve been through an entire cycle of sales and have your buy prices for those items, add one or two more.
2. Use a calculator to figure out the unit price (price divided by unit).
Sometimes sales look better than they are. Yes, price does matter, but make sure you track the unit price, so you know when it is a good deal.
3. Highlight the items you use the most.
If you highlight the items you use the most you can check those easier weekly, and you know when they are on sale at the buy price you need to buy.
4. Sometimes prices change.
If you notice something you buy hasn’t hit the buy price in a while you may want to reconsider your buy price. Prices are changing all the time, so when you notice this make sure you also adjust the price in your price book.
If you use coupons, your price book will be different from someone who doesn’t use coupons but either way, a price book will help you save money.
Linked up at The thrifty couple