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What Is a Grocery Price Book?
A grocery price book is basically just a list tracking the best prices of all the things you buy most often. You can make it as simple or as in depth as you want or have time for. Start small and add more items as you go.
It can be handwritten in a notebook, binder, or planner.
Or you can keep in a spreadsheet on your computer. The spreadsheet is really nice because you can sort it by store or ingredient and show only the best prices. Plus its easy to update or change.
However you decide to track them, the goal is to end up with an organized, dated list of the items you buy most often with regular and sale prices (including size or unit cost so you can compare similar items of different sizes) from all of the grocery stores in your area.
Why you need a Grocery Price Book
Using a grocery price book can help you save money in a few ways. First, you could save a ton of money simply by checking around at a few extra grocery stores to compare regular prices. If you’ve never compared prices before, you will be shocked to see how much you might be overpaying!
Second, as you keep your price book updated with the weekly sales prices, you will learn the sales cycles. Certain stores tend to run the same specials on a regular basis. This is why you need to include the date. After a few months of tracking prices, you will know how often certain things go on sale and for what price. Then you can stock up with enough to last you until the next sale.
Third, check your price book whenever find a good deal. Just because the sign says “sale” doesn’t always mean it’s the cheapest. Whether you’re in a store or at home checking the ads, always refer to your price book so you know if it really is a good deal.
How to Start a Grocery Price Book
Creating your own grocery price book might sound like a huge job, but it doesn’t have to be. It can take some time, but it isn’t difficult. Start out with a list of the 10-20 items you buy most often. Add more as you go.
There are a few places to get prices:
- Grocery store ads or sale flyers
- Go to the store with a notebook to record prices
If you save your grocery receipts, you can look back on them for prices.
You’re already checking the weekly sale ads when you plan your grocery list, right? If not, you should be. It can save you a ton of money on your groceries. Every week when you check the ads, add some more prices to your price book.
Keep a small notebook in your purse and start writing down prices and sizes of the items on your list when you go grocery shopping.
After a few months, you will have complete list of all of the best prices in town along with the sale cycles so you always know where and when to get the best price.
Eventually you will even have a lot of the best prices memorized for the things you buy all the time. You’ll be able to spot a deal without even checking your list. I look at sale ads now and notice things all the time “on sale” but I know they’re still cheaper at another store.
By keeping track of prices and sale cycles you can always find the best prices for all of your groceries. Start your grocery price book now and start saving!
Have you started your grocery price book yet? Let me know how it’s working for you!