8/18/08

Putting Together a Price Book

I've heard of this concept, but with kids in tow on all of my shopping trips, I figured it was all but a lost cause. At the same time, I'm ready to take the next step in saving grocery dollars.

If you haven't already heard of Price Books, here's the gist:

A price book is a notebook of sorts that you've jotted down the best price possible for certain items in order to stock up at the best price. You may organize your prices by store or by item.
For me, it will be by store (just because that's they way my brain works).

Example:
So, as you walk through the aisles at your grocery store, you want to take notice of the price for ground beef, we'll say. Each week you go, write the date and that day's/week's price for ground beef. There is often a sale loop for each store, so this will help you track the prices and know when to stock-up on the best possible price. Does that make sense?

Since we do not buy our meat in bulk from a farm, nor does my husband get into hunting, we do it the American consumer way and buy our meat at the grocery store. This said, I'm all about buying meat in bulk and dividing it up into separate freezer bags after I get home from the store.
Up until this point, I have not created a price book, so this week I hope to get some of my items started. I'll let you know how it goes!

How about you?! Do you keep a price book? What is your format to keeping it all organized? Again, as I am just learning all of this, I would LOVE to hear your tips and suggestions!

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