This also goes for things that are free. There’s no point in storing something you will never use – even if it was free. No matter what price you paid, if you don’t use it then it wasn’t a good deal. If your family doesn’t really like Cheerios, don’t stockpile 10 boxes of it just because you got a good deal. One of the hallmarks to success with stockpiling is to only stockpile items that you know your family likes and will actually use. And to think you used to just pop into the store and pay $2.98 without thinking. That’s a HUGE savings off the $2.98 regular price. In the Cheerios example above, what if you had some $.50 off coupons? If you waited to use your coupons until the item hit it’s rock bottom price you can save huge! So hand over 4 of those $.50 off coupons and you’ll snag 4 boxes of Cheerios for $1.96 or $.49 each. However if you do have coupons, this is an awesome way to save even more! This is perfect for buying products or brands that don’t generally issue coupons. Use Couponsĭid you notice I haven’t even mentioned coupons yet? Shopping sales cycles and buying multiples is a great way to save money without using coupons. You can shop your pantry instead of running out to the store. Just grab as much as you can reasonably store and replenish when you find another low price, even if it isn’t the rock bottom price.īy purchasing multiple items when something is at it’s lowest price, you’ve saved yourself from paying full price when you run out. However, if your family eats 4 boxes of cereal each week and you have limited storage space, it probably isn’t feasible to buy 40 boxes. In my Cheerios example above, if your family eats 1 box of cereal each week, you may want to grab 8-10 boxes of Cheerios when you find them for $.99. In my coupon classes I tell people to grab as much as they would use in an 8-12 week period or as much as they can reasonably store. When you find your item on a deep discount, grab multiple items. A savings of 25-30% is often the rock bottom price for those. Also keep in mind that store brands and premium brands (P&G, Frito-Lay, etc.) don’t see huge discounts. Pick 2 or 3 different items to track initially and as you become more familiar you can start adding more. Learning these sales cycles can be tricky but my best advice is to start small. Jackpot! You found the rock bottom price. Then one week your store may have an in-ad coupon making Cheerios just $.99 per box. Another week you may spot the boxes for $2.50 and then $1.99. One week you go to the store, you might find it on sale, 2 for $4. If you learn the sales cycles and find those rock bottom prices, you can really save big buying multiple items when the price is low.įor example: Cheerios cereal might be regularly priced at $2.98. Product prices fluctuate each week but they typically hit a rock bottom point once in a 8-12 week period. Most grocery stores have cyclical savings periods. Follow these quick tips and you’ll be on your way to big savings in no time! Learn Sales Cycles Here is my quick, Stockpiling 101 course to help you get started: Simple Steps to Stockpiling Success. To get started stockpiling you don’t need a binder full of coupons or a dedicated room to store your haul.
But contrary to pop culture, stockpiling doesn’t have to be extreme and it’s actually a fabulous strategy for saving money. When you hear the word “stockpile” you probably think of those crazy preppers who stock up for a natural disaster or maybe the extreme couponing hoarders with a garage full of salad dressing and mouthwash.
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