So, you’re convinced that stockpiling saves money, but now you want to know, how do you get that stockpile started in the first place, especially if your grocery budget is already so tight you can barely eek by. Well this, my friends, is the million dollar question!
I actually started building my stockpile around 6 years ago soon after I first discovered the wonderful world of saving money by couponing. Since it’s been so long ago, my memory is a bit faulty as to just how things went when I first got started. (Can I get by with blaming the poor memory on having 4 children in 6 years?) However, I do know that our grocery budget didn’t have much wiggle room in it at the time and I remember that initially, the savings from stockpiling were quite small.
But based on what I remember and what has worked for friends, here’s what I’d recommend doing if you are wanting to start building a grocery stockpile.
How to Get Started Building a Grocery Stockpile
1. Start Slow & Small
The temptation is to dive in head first and start buying lots of stuff to get your stockpile started. But, especially if your budget is tight already, it’s best to start by setting aside just $5 to $10 a week to buy things for your stockpile. Then, be sure to make that $5 to $10 count and use it to buy only things that are really good prices that you also are sure you’ll definitely use. If you don’t see anything that fits the bill that week, then just skip it and save the money to buy extra the next week.
Initially, you likely won’t see much savings at all. But the beauty of stockpiling is that as you continue to slowly do it, you’ll start creating more and more wiggle room in your budget and after several months time, the savings start to really show!
Monica, one of my long time readers, started building a stockpile and had this to say:
My first month only saved me around $50 from our usual grocery bill and I was ready to throw in the towel. What I didn’t understand was that the stockpiling method requires time for a savings snowball effect to take place. Here’s why. Stockpiling saves you money because it enables you to buy items at rock bottom prices and stock up on them. As a result, this saves you from having to pay full price for the item the next time you need it. In turn, this gradually saves you money and as you continue to build your stockpile you’ll find that eventually you rarely have to pay full price for anything because you were able to get it when it was on sale and add it to your stockpile. And so while the initial savings is gradual, as you continue to stockpile, the savings grow considerably. And so I kept at it, and my second month the savings increased to $200-250!
2. Be Prepared to Invest Some Time
If you don’t mind minimal savings, building a grocery stockpile doesn’t have to take a lot of extra time- you can simply just watch for good deals as you do your regular grocery shopping. But, by doing only that, you won’t save nearly as much as you would if you invest a bit of extra time into researching and planning your trips. I’ll cover the specifics in a future post, but here are a few of the basics.
* Scan the store’s sales flyer before you go and look for any rock bottom sale prices.
* Visit a deal blog and see if there are any coupons that you can match-up with the things you want to purchase.
(To find a deal blog that covers the stores you shop at, Google something like the store name and “coupon match ups”. You should be able to find a blog that will show you what is on sale at the store you shop plus also show you what coupons you can use to get an even better deal! This makes deal shopping super easy and less time consuming.)
* Consider shopping at more than one store so that you can get the best deals from each one.
In addition, these easy-to-use money saving apps are one of my favorite ways to save on groceries and household supplies. Many times they even offer savings on any brand of product such as milk, bread, fruit, diapers and more!
- Ibotta (For a limited time, when you sign up you’ll get $10 when you redeem your first offer!)
- Checkout 51
- Saving Star
3. Designate a Spot for Storing Your Stockpile
Obviously, if you are going to have extra groceries in your house, you are going to need somewhere to put them all! Figure out ahead of time where you will put your stockpile. If you live in a small house it might be easy to get discouraged and think you have no extra room, but most of the time, if you get creative you can come up with something. It may mean putting the extra groceries under the bed or clearing some shelves of things you don’t use to make extra space.
I’m blessed with a kitchen that has lots of cupboards, which has helped me out immensely when it comes to extra storage. However, we have very little storage space otherwise so it can still be a challenge. A couple of years ago, my husband got the great idea to build a long narrow shelf above the freezer in our basement to put our stockpile on. It made such a big difference in how well I was able to stay organized with my stockpile! Between the kitchen, the basement shelf and a couple of boxes in our basement to store our diaper stockpile, we’ve finally figured out a system that works well for us most of the time.
4. Know When to Stop
I love stockpiling and am convinced it’s one of the absolute best and easiest ways to save money on groceries. But I also think it’s important to know when to stop buying stuff and when to say no to a deal.
This is going to look different for everyone because every family’s needs and budgets are different. But here are the things I consider when deciding if I should buy an item for my stockpile:
- Is it free? If so, then I almost always will buy it because even if I don’t use it, I will most likely be able to donate to someone who can.
- Do I have money in our budget to buy it?
- Do I have space to store it?
- Will I be able to use it before it spoils? I’ve learned to not let expiration dates totally determine how much I purchase because for many foods, you can extend the shelf life of by freezing them.
- Is it something I regularly use? If it is, then I try to buy enough to last me until I estimate the next sale will be. (Sales typically run on a cycle of anywhere from 4 to 8 weeks.) If it’s an item that I am getting cheap with coupons, then I’ll buy as many as I have coupons for.
- If it’s not something I regularly use, can I find a use for it anyway? Often I’ll take advantage of an awesome deal on something I might not typically purchase just because it will still save us money in the long run. For instance, several months ago I got about 20 Uncle Ben’s rice in microwaveable pouches for about $0.10 each. I never buy rice that way, but I knew it was cheaper than buying it by the bag. Plus, it was a food that I could easily plan my menu around to feed us inexpensively. So to me it made perfect sense and we just enjoyed lost of rice dishes over the next several weeks!
Do you have a grocery stockpile? What tips do you have for building it?
There are affiliate links in this post – please read my full disclosure policy.
YOU MIGHT ALSO ENJOY: