Save Money with Rainchecks

You see that a store is having a great deal on a particular food item. In your mind you think, ‘It’s stockpile time!’  But you get to the store and they’re out of the item.  Rather than just counting it as a loss, get a raincheck.  

A few tips:

*Consider a raincheck as an I.O.U. from the store which guarantees that item for the sale price.  It is not necessary to use the raincheck during the current sale week.  You can use it weeks and maybe months later.

*Check to see if the raincheck has an expiration date.  Most of them do not have an expiration date which means that you can wait to use them when you need the particular item.

*Use rainchecks as a way build your stockpile.  The general rule is to purchase as much as that item as you will need in the next few months.  For example, if cream of mushroom soup is on sale for $.59/can I might purchase 10 cans.  Cream of mushroom soup has a long shelf date and I know that I will use it when making casseroles.

*Store your rainchecks in a safe location.  I store my rainchecks in my small coupon pouch.  This way I know where they are when I’m doing my grocery shopping and I don’t have to dig through my purse for them.

*Check to see if there is a limit on the sale item.  On really good deals, a store might set a limit on how many of that item you can purchase.  Always have them write the maximum amount allowed on the raincheck even if you don’t plan on purchasing that many.  This allows you to get them if you change your mind or you may have a friend that wants to purchase the deal with you.

*Look for coupons.  Check your newspaper coupon inserts and look online for printable coupons to combine with the sale price for even better savings.

*Give your raincheck to the cashier first.  Before your cashier rings up the items, she should know that you have a raincheck.  This will save time and hassle.  Group all of the raincheck items together so that they can be marked down at the same time.  Also, check your receipt to make sure each item was properly discounted.

*Most rainchecks are not store specific.  This means that if you get a raincheck from a Charlotte, NC store you should be able to use it at the Hickory, NC store.  If you plan to shop in a different area, you may want to check on this first.

When you’re shopping the sales do you remember to get a raincheck?

image (c) Karen Weideman

Using Coupons and Sales to Help Others

One of many things I enjoy about using coupons and sales is that they enable me to help others. I may not have an abundance of money to donate, but I can make a big impact with very little out of pocket expense.

You may look at my website from time to time and think something like, ‘Why would she need 20 boxes of pasta? Who could eat all of that?’ Many times it’s not for me.

Pasta seems to be the thing this month that I can get for free or cheap, so I am “buying” lots of it. I haven’t kept much of it for my family. I’ve been donating it. I have taken it to the school for the food drive, given some to a fundraiser dinner for someone with high medical bills, and saved some for an elderly family member who has a very limited income. Just this week alone, I was able to purchase over 20 boxes of free pasta from Food Lion.

This method also applies to toys, school supplies, and other items.  Many times I have taken advantage of 75% and 90% off toy sales.  It makes it easier on the budget to donate for Christmas toy drives when you can get the toys inexpensively and you’re able to help more children because your money goes further.

When you’re walking through Harris Teeter on triple coupon day, try to get those free items even though you won’t use them. It’s those items that can really make a difference to someone in need.

Money Saving Tip: Build a Stockpile

One of the most effective ways I have found to cut our budget is through saving money on our grocery budget.  One of the techniques I use is building a stockpile, also known as the buy ahead principle.  What this means is that when groceries or other regularly used items are significantly cheaper than normal, I buy enough to last me a few months.  In my home, I try to never ever pay retail for anything!

For example, a few weeks ago Harris Teeter had their Colgate Total toothpaste on sale for $2.50 per tube.  It was also super double coupon week and I had $1 coupons. After coupons and the sale, I paid only $.50 per tube for Colgate toothpaste.  Also last week and this week, CVS had their Crest Pro Health toothpaste on sale for $2.99 and you got back a $2 Extra Care Buck (ECB).  I also had $.50 and $.75 coupons for the toothpaste.  After the sale, ECBs, and coupons, I paid $.25-$.50 per tube.  Did I need five tubes of toothpaste right now?  Of course I didn’t.  But I know that over the next year my family will need the toothpaste.  I also know that soon I will be filling shoeboxes for Samaritan’s Purse and our church is always collecting food and toiletries for the needy.  This allows me to get toothpaste for my family and others for less than the price of one tube at regular price.

As you can see in the picture above, I have over 10 bottles of laundry detergent.  I don’t plan on doing 300 loads of laundry this week, but I couldn’t resist stocking up because of the deal I found.  Some of the bottles were buy 1 get 1 free and I had coupons.  Many of the bottles cost me than $1 per bottle. 

I have heard others say before that they can’t afford to stockpile; that they only have money for the things that they need that week.  What they don’t truly realize is that when you stockpile, you can make your grocery budget go further and have more supplies on hand. 

If you still say you can’t afford to stockpile, then I suggest that you start small.  A stockpile isn’t built overnight anyway.  Allow yourself an extra $5 or $10 to try to purchase things while they’re at rock bottom prices so that you won’t have to purchase them later.  For me, an example of this would be when I purchase canned tomatoes.  I know that I’m going to need canned tomatoes.  I know that Target has the cheapest prices on them.  So, when I visit Super Target, I purchase 6-12 cans.  The amount I purchase depends on my stockpile at home.  And if you’re getting items for free or almost free (with sales and coupons) that will only allow your grocery budget to go that much further so that you can cut your grocery budget or purchase other things your family needs.

Stay tuned for more tips on stockpiling.  Do you stockpile groceries?

images (c) Karen Weideman

Money Saving Tip: Always Compare Prices

When shopping for groceries, normally you would think that store brand groceries would be a lot less expensive.  This is not always the case.  It is always important to compare prices and I’ll show you why.

 The White House brand 6-pack of applesauce is $1.76.

The Wal-Mart or Great Value brand 6-pack of applesauce is $1.92.  That’s about 8% more than a major leading brand.

Here we have some examples of yogurt.

The Dannon 32 oz container of yogurt is $1.96.

The Yoplait 32 oz container of yogurt is $2.14.

And the 32 oz container of Wal-Mart yogurt is $2.28, which more than any of the other two leading brands! 

Many people assume that the generic/store brand will be less expensive than other brands and so they automatically grab the store brand products.  As you can see here, store brands are not always cheaper.  And I have to tell you folks, these are just two examples.  I have seen many other products done this way. 

If you’re a coupon user, you can get the leading brands for even less money when you use your coupons.  I frequently receive coupons for $.50 off the large Yoplait yogurt.  You can’t get coupons for store brands, which means there’s even less savings.

Today a friend of mine posted a facebook link to this story, Wal-Mart Quietly Raises Prices.  Honestly, I had originally planned to title this article, “Watch for Rising Prices at Walmart” but decided to make this more of a money saving tip about comparing prices, no matter where you shop.  I will say though that I have done less and less grocery shopping at Wal-Mart during the past year.  It is so much cheaper for me to shop the grocery store sales for items that our family frequently uses.  I also try to stock up during triple coupon and super double coupon sales. 

Have you found store brands to be more expensive than other brands?

Tips for Comparing Price Per Unit

When shopping, it’s important to compare price per unit.  Many times it’s commonly thought that the larger the item, the better the price. That’s not necessarily true. Here are a few comparison shopping tips:

1.  Pay attention to the shelf tags in the store.  Some stores will break down the price per unit and put it beside the price of the item.

2.  Try to take a calculator with you. Even though some stores will break down the price by units, sometimes they are not equal comparisons. What I mean is that sometimes you’ll find items compared by ounces and then a similar item compared by the piece.  It can be really confusing, so taking a calculator is the best way to compare.

3.  Keep a log of the best prices you find per unit.  This doesn’t have to be anything extravagant. It can be a piece of paper that you keep folded up inside your coupon pouch.  Simply write commonly used items on the list and a target price to look for.  This way you’ll know when a good deal comes around.

4.  Be sure to factor in the coupon amount when comparing price per unit. Just today I was at Wal-Mart shopping for catfood.  Normally, it would be cheaper to purchase the 16 lb bag of cat food, but this time I had two $3 coupons.  It ended up being cheaper to purchase two small 3.5 lb bags of cat food with the $3 coupons rather than to purchase the large 16 lb bag with a $3 coupon. 

5.  Determine the need for the product.  Sometimes it is less expensive to purchase the larger item, but it’s not such a great deal if you’re not going to use the product before it goes out of date.

What tips do you have for comparing price per unit?

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