Today I have a great guest post from Barbara at Clipper Girl’s Saving Spot!
Stockpiling a a common practice for those of us that live a frugal lifestyle. It can save you lots of money. If you are tired of paying full price for your groceries, pay attention and I will give you the steps to help you start building your stockpile and saving money.
1. Make A Master List
Start by making a list of items that you use on a regular basis such as food, toiletries, paper products, cleaning items and pet supplied.
2. Create a Price Book
List the items that you use on a regular basis in a notebook. Begin keeping track of how much the items cost. Pay special attention to any sales that you find for the product and make a note of the price and store that the item was purchased at. After a few weeks, your price book will show you that the items that you purchase will go on sale and reach their lowest price approximately every 12 weeks.
3. Shop the Sales
In order to save the most money, purchase items that you use on a regular basis at it’s rock bottom price or when it’s FREE. Pay close attention to the loss leaders in your weekly sales flyer and combine them with coupons. Whenever possible combine manufacturers coupons and store coupons for even more savings. Be sure to take advantage of any rebate offers available.
4. Don’t Be Extreme
Stockpiling can be addictive; however, you don’t want to overdue it. You will need to take in to consideration your families habits and; also, the amount of room that you have for storage. Some stockpilers buy just enough to get them through to the next sale, while other stockpilers prefer to keep enough of each item to get them through a certain number of months. Whatever you do, be sure to watch the expiration dates. From my own experience I can tell you that if you purchase so much that it’s not used by the expiration date, you are not saving money.
5. Only Buy What You Use
As your shopping skills improve, you’ll find more free or nearly free items. A good piece of advice is to only stockpile what you and your family will use. Even if the item is free, if your family is not going to eat it, don’t purchase it. There’s no need to take up valuable stockpiling space with products your family won’t eat.
6. Organize Your Stockpile
Once you start accumulating products, keep them organized. Designate one spot in your home for your stockpile. Extra closets and basements are great places for stockpiles; as well as, under beds and in empty drawers.
Be sure to keep your stockpile orderly so that you know what you have. Keep like items together. Whenever possible, write the expiration date on each item with a permanent marker. Rotate your stockpile to keep older items up front where they are easily accessible.
By using the above tips, you’ll have your stockpiling growing in a matter of weeks and you, too, will be on your way to a frugal living lifestyle.
Barbara gives you tips on how to live frugally. She has been blogging at ClipperGirl’s Saving Spot for over 3 years. You will find coupons, store deals and coupon match ups,printable coupons, freebies and much more. You can sign up for her FREE daily newsletter by email list or in a reader. She would love for you to join her on Facebook and Twitter.