Tuesday, February 9, 2010

Frugal Tip Tuesday -- Create a Price Book

This week's tip is one I've been meaning to do since 2010 kicked off. And now I'm finally going to start it.

The best way to know whether or not you're getting a good deal is through a price book. What's a price book? Essentially, you track your most purchased grocery items and see what is the best price that you can get the item. When you see it at that price, you know to stock up.

It can seem overwhelming at first (hence the reason that I've waited so long.) To get started, pick your top five most purchases groceries. Then, create a column for the store name, price and weight. Tracking the cost per unit will enable you to get a more accurate view of the cost.

As you get more comfortable with your price book system, you can gradually add more grocery items. The best part of your price book is always knowing when you'll pay the lowest price.

Do you currently use a price book? How does it work? Any tips you'd like to share?

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