Thursday, December 3, 2009

Stocking Up....Price Comparing

Me and my siblings started pooling our money together and getting our parents one big gift for Christmas. I am in charge this year. I decided to use my frugal shopping habits towards their gift and give them food storage.

I know my mom will love it. She is always wanting to stock up her pantry because her food storage is not nearly what it should be (isn't that they way it is for a lot of us?) Anyway my mom bakes from scratch mostly and I know she would love staples much more than quick canned stuff.

As the grocery ads have been coming out I have been sorely disappointed that there are not better deals on flour, sugar or other baking items. I will keep my eye out each week for great deals, like this week Smith's has their 2 pound bag of brown/powdered sugar for only .99. At Costco it's about $4 for 4 pounds so this is an awesome deal.

Being that I am not a frequent Costco shopper I am not savvy at knowing a great price because their sizing is so off from the store. So how do you know you are getting a good price at Costco or the store for that matter?

Pinching Your Pennies is absolutely awesome! If you click here you can follow a link to print off a sheet breaking down the prices of what a good deal is on grocery items. And then you can put your simple math into play when shopping at Costco (or the grocery store). Example I needed honey. That is not an item I buy regularly so I didn't know what a good price was.

I looked at my PYP price list and the best of the best price is 1.40 for 16 oz. Well I bought a 96 oz container for 10.99 at Costco. Was that a good buy? Time to take my math skills and figure out how much I am paying per ounce. Best price is about .09 per ounce. I paid .11 per ounce. So it wasn't the absolute lowest I could get it but it was a lot better than the store price.

Hope that tool helps you in your quest to get the most for your money.

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