August 7th, 2007 in Money

Save Money With A Price Book

The idea behind the ‘price book’ is simple: you keep a book to write good prices for regular shopping items. This way keeping track of deals or rip-offs is easy, particularly for groups of people [like a sharehouse].

Save Money With A Price Book

Our shopper can buy 8-ounce cans of tomato sauce for a regular supermarket price of 32 cents. Her warehouse store sells bulk cans of tomato sauce for a sharply lower unit price. However, the best buy occurs when the supermarket puts 8-ounce cans on sale at 10 for $1.

Armed with the price book analysis, our shopper has learned to stock up on 8-ounce cans of tomato sauce during supermarket sales. By continuing to track the price of tomato sauce, she can learn the sale cycle: how often to expect those 10/$1 deals to occur. In her area, that’s about every 6 weeks–so she’ll purchase enough on sale to cover her family’s needs until the next sale.

What might be interesting is a hightech version where you create a shopping list that provides links to all the best prices for each item.

Make A Price Book: Save Money at the Supermarket! – [OrganizedHome]

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Craig Childs

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    • NovMan says on August 7th, 2007 at 12:03 pm

      I made a rudimentary price book and was able to find significantly cheaper pricing periods, but I need to find a better way of organizing the price book. It can get unwieldly. But it is definately worth compiling, unwieldly or not. Big savings.

    • KrazyKat says on August 8th, 2007 at 4:33 am

      If you own a Palm-OS handheld you should look out for “Handyshopper”. It’s a great little freeware which let’s you keep track of things to buy along with the stores where to get them and with prices for each store. It also has many other nice features.

      You can find it here:
      http://www.palmgear.com/index......rodID=1350

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