I am always striving to save money on groceries. A price book is a tool that helps me accomplish that.
Why Use A Price Book
A price book allows you to do price comparisons on an item and to note the sales cycle so you can purchase the item at its lowest price. It will also let you evaluate unadvertised sales in the store to see whether an item is really on sale or not. For example, cereal was on sale in my area. In one particular store I noticed a yellow sticker (indicating a sale price) on cereal that we buy. It was on sale but only one cent cheaper than its regular price!
The best way to start is to write a list of about ten items that you regularly buy and start tracking their prices when you are at the grocery store. Then, when you are looking through the flyers planning your menu for the week, you will start to notice when items are at a great stock-up price.
My Price Book
I use a 3-ring binder divided by categories. I keep track of produce (such as apples, raspberries, grapes and asparagus), dairy items (such as milk, yogurt and sour cream), meat (such as chicken breasts, ground beef and bacon), pantry items (such as juice, ketchup, cereal and pasta), household items (such as toilet paper, dish soap and batteries) and personal care items (such as shampoo, razors, mouthwash and toothpaste).
This is a gradual process. Write down prices from your receipts, sales flyers or just jot down a few prices of items when you are grocery shopping. When you find a good deal, buy enough to last you until the next great sale.
Keep your price list updated regularly and use it to help you save money on your groceries.
Free printable Price Book
Do you use a price book?
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