The Big secret to saving money on groceries in not the couponing. Seriously, did I just say that? Yes, I know it is hard to believe.
The secret is knowing what price you should pay for an item. It’s very easy to get swept up in a sale, especially those famous B1G1 or 50-60% off sales.
Grocery stores and manufacturers work hard to push out their best sale prices to you on a weekly basis through their store circulars. If you follow along closely, you’ll notice that most products operate on an 8-12 week sales cycle. You’ll also find that “product families” all go on sale at the same time, for example all the P&G products will be discounted the same weeks, and will return to their regular prices for a few weeks, then go back on sale together.
At the very least, you need to know what price is the everyday price, a good price, and a great price. If you are the primary grocery shopper and well aware of pricing this should come easy to you. However if you are not sure, the next time you go grocery store for a little shopping make a point to start keeping a mental list of the items you purchase regularly. You can even go one step further and start a list at home. After all, who could know the best price for every item from memory?
When you favorite items are at their lowest rock bottom price that is when you purchase them and stock up for the next sale. Remember that prices in food fluctuate every 6-8 weeks. What that means is there will be another sale on those items you just purchased (maybe not the same brand name).
The time to use coupons is when food pricing for an item is at its lowest price. Spending your money wisely and making the best possible decisions while shopping, will greatly improve your savings at the store.
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Favado helps by…showing you when your favorite products go on sale, so that you can purchase them when they are on sale and not have to pay full price in between sales cycles. Over time, you’ll learn how much to purchase to last you until the next sale.
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