Extreme Couponing Guide: Be Your Own Expert – Creating a Price List

by ThePrudentPatron on September 29, 2011
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You can save money every time you shop if you know what the buy prices are for your area.

Do you know a good price for chicken or cereal? Do you have certain items that you don’t buy unless they’re free?

Without ever clipping a coupon you can save money on groceries and household goods if you know what a good price for the item is.

I have created a price list that I use. It contains both Need-it Prices and Stock-up Prices. The need-it prices are what I would consider a decent price to pay for that item if you are out of it and need it. The stock-up price is the best price. When an item is at or near the stock-up price, you should purchase at least a 3 month supply.

I have also added a column called My Best Price. Since most of you do not shop in the same stores I do, I strongly encourage you to print out this list, and start adding the best prices you find for each item. Every region is different. You may live in an area with even higher prices than my area (although that would be difficult), or you may look at my prices and know you can find a cheaper price at your local store. Remember the prices listed are just a guideline. I have also included a few blank lines where you can add in items that you regularly purchase which are not listed

Shopping Price List

For those of you who are ready to jump in with both feet, I have created a blank price list too.

Blank Shopping Price List

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{ 2 comments… read them below or add one }

Becky September 29, 2011 at 9:40 PM

I just discovered an iPhone app called ShoPARE: you can use it to build up your base price list. It’s fantastic. Now when sale prices come up at I’ll know, without a doubt, if it is really a good price or not – for me.

You can get as granular as you want. By that I mean you can really break down your product list. I choose to lump together all acceptable (to me) products in a category, like tissue: I have Kleenex, Puffs, and Puffs Plus in one category since all are acceptable to me.

It is $2.99 and pays for itself with just a couple of price comparisons. I discovered that Tabasco sauce, for instance, is $1.39 more at King Soopers (Kroger) than either Wal-Mart or Target. Or I can save $5.60 by buying a 10 pack of Kleenex tissue at Costco over the next best price which is at either Wal-Mart or Target. And those are base prices and don’t account for sales.

The records are easy to edit to account for coupons or % off, and all the calculations are right there for you.

It will completely change the way I shop now, and I will truly save money, instead of just having a “good idea” of what prices are in my area.

Keep up the great work; I follow your blog regularly.
Thanks!

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ThePrudentPatron October 5, 2011 at 5:31 PM

Nice Becky, thanks for sharing that.

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