Do you frequently find yourself spending way too much at the grocery store? Would you like to save money on groceries without wasting your time shopping at multiple stores or clipping unnecessary coupons?
We’ve all heard about coupon “queens”, and most of us realize their methods won’t work for us. After all, who wants to spend hours clipping coupons and bouncing between 20 different stores just to “score” 10 boxes of fruit snacks? Not me.
You don’t have to give in to overspending at the grocery store. Saving money on groceries doesn’t have to be a full-time job. I’ll show you 10 simple ways to save money on groceries that are quick, easy and painless.
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The second option is to create your own price book. First, grab a spiral notebook. Using one page per item you would like to track, make a column for each of the following categories: product, store, brand, size/price and unit price. I recommend you start out by tracking the top ten items you most frequently purchase. Any more, and you’re likely to become frustrated. As you shop for the item, or once you get home with the receipt, fill out the information in your price book.
Here’s an example: you purchase a 40 oz. jar of Skippy peanut butter for $4.80 at Publix Supermarket. In the first column of your price book, you will write “peanut butter”. In the second column, you will note the store you bought it at (eg. Publix). The third row will contain the brand name, which is Skippy. In the fourth row, you will write down the size of the item (40 oz.) as well as the price you paid ($4.80). The final column will require math to complete but don’t worry, it’s easy and most of the time the store does it for you. You will need to calculate the price per unit of the peanut butter. Usually, the store will have a sticker on the front of the shelf with this information. If they don’t, or if you are filling out your price book at home with only a receipt to go by, you will need to do the math.
Once you have gathered data in your price book over a period of 1-2 months, you will start to see a pattern. You may discover you paid more the second week you purchased peanut butter and much less 4 weeks later. Congratulations! You have discovered the sales cycle for peanut butter. Try to purchase enough peanut butter in week six to last you for the next six weeks. Then, you will always be paying the lowest price possible for peanut butter. On a side note, you may want to wait until March and purchase enough peanut butter for the whole year. Why? Because March is “National Peanut Month”, therefore, peanut butter is likely to be super cheap!
For this reason, to save money on groceries, I recommend shopping weekly or biweekly. When you run out of an item midweek and you know you will be grocery shopping again soon, you will be able to make-do until your scheduled shopping trip. This will keep you from making unnecessary (and costly) extra trips to the grocery store.
Now it’s up to you. Go shopping and start saving!