Are you a member of the Kosher on a Budget Facebook group? We’ve been talking over there about grocery budgets, which has prompted me to share with you my #1 tip for lowering your grocery bill.
By this, I mean – save aggressively where you can, so you have a bit of “breathing room” in your budget to afford those more costly items.
For example, where I live, the price of kosher meat doesn’t really move much. It’s $5/lb for ground beef, $10/lb and up for all other cuts. No sales, no coupons. So, instead of crying over the cost of meat, I save as much as I can on the rest of the stuff in my cart. And we eat meat less often than some others might — since eating less of something also creates margin.
That said, like you, I have very little time to chase down deals. I’m not willing or able to create margin by running around to five different stores every week. On the time-money continuum, I may not have much money, but I have even less time.
So instead, I rely heavily on my price book. If you’re not familiar with a price look, I write about them HERE. I even have a free printable and an Excel chart you can use to start your price book.
In short, a price book lets you know what the “buy now” price is on the items your family most frequently consumes.
My price book has taught me, for example, that $.25 per single roll is my “buy now” price on toilet paper. This is a relief, because I don’t have to stand in the store trying to figure out if some sale is a good deal.
It’s even easier now, because I rely on Amazon’s 20% discount for five subscriptions in a month. Do you know about that awesome program? If not, that’s another fantastic way to build that margin into your grocery budget — without having to run around to a million different stores.
There happens to be a deal today for the equivalent of $.19 per single roll on Quilted Northern. Quilted Northern is a brand my family uses and likes, so I was able to take advantage of that deal and now I don’t have to worry about (a) overpaying or (b) running out in the middle of the night. (True story, that’s happened.)
So there you have it: Create Margin. My #1 tip for lowering your grocery budget.
What is your #1 tip for lowering your grocery budget?