By recording the prices of items that you frequently buy, you can see how often items goes on sale. You can also see when a "sale" is really a good deal. Often times in the grocery ads you'll see items on sale for just a few pennies less than normal. However, when that item is a loss leader (items generally on the front page of an ad to try and lure you into their store) you'll see it at a very low price.
In the pictures below you can see my price book as well as the bag I use when I go to the grocery store.
In the purse I have my CASH!!! No credit or debit cards!!! I also have my price book in there, my grocery list, a calculator and a pen. Side note: If you don't use cash I strongly encourage you to do this. I've saved a ton of money by using cash (even though I pay off my credit cards every month and received 3% cash back - I STILL SPENT MORE MONEY!!!!). I keep a running total of the prices on my grocery list so I know I don't spend more than I have.
Today I realized just how valuable my price book is when I go to Sam's Club as well. One month ago a case of pears at Sam's was $7.50. Today when I checked and they were over $10.00! They quickly got crossed off of the list. Even though it's still a decent price, I can get apples for $.77/lb right now and we'd rather have those anyway.
When starting a Price Book record just a few items. It's easy to get carried away (ask me how I know!) and then get overwhelmed. When I started this price book I wrote down the prices of butter, eggs, flour, sugar and some different meat prices. Over time I would update my Price Book as I saw sales. You'll see a pattern of sale prices after a while, usually 6-8 weeks. When the item is at an all time low price buy enough to get you through to the next sale.
After a period of time, a Price Book will help you decrease the amount of money you spend at the grocery store.
More Works for me Wednesday posts can be found at We are THAT Family!
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