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Thursday, November 9, 2017

How to Manage Your Monkey: How to Manage Your Monkey: How to Save Money on Groceries, Part One

One of the biggest expenses most families have that can be controlled, at least a little bit, is food.

The first step in getting a handle on your food expense is to make a list.  Not just any list to start with, but a master list of all you buy at the grocery store.

Start out by using a spreadsheet program like Excel or Google Sheets.  List all the food products you buy.  One way to do this is by gathering up all the receipts you have from previous trips to the grocery store.

You might want to set these up by categories like baking, breakfast, etc.

Then, make columns for each grocery store you would normally shop at.  If you always shop at one place and would not consider shopping at another, then there is no need to complicate things.  But, if you do shop several stores, make a column for each one.

Slowly build your master list by listing the prices charged by each store, as you learn what the prices are.

When we lived back in South Carolina, there was one store named Ingle’s that asked people to take the Ingle’s challenge.  That is, compare their prices with what you would spend at other stores.  Usually, Ingle’s would win.

Each time you shop, add to your list. When you are ready to go shopping, make your shopping list from the master list choosing which store will give you the most savings on the items you need.

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  1. Great advice. Right no I feel like the grocery expert. I got a 21 pound turkey for $1.32.The grocery store in the next town had them for 39 cents a pound and they take the competitior's coupon of $7 off any turkey :)


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