The Importance of Stockpiling (Tips from Our $200 Grocery Budget) (2024)

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The perfect resource for anyone beginning stockpiling! Learn all about how stockpiling works and how it can benefit your grocery budget and help you save.

The Importance of Stockpiling (Tips from Our $200 Grocery Budget) (1)

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I try to share as much information as possible in my weekly , to help you understand the things that I do to make our $200 grocery budget work. But I still get a lot of questions about exactly how I do it and frequently have requests for more details. So, in an effort to make things more clear and hopefully help you spend less on groceries as well, I’mdoing this series that is all about our $200 Grocery Budget- the way I shop, the key things that help me save, my favorite money saving tricks and more!

There are a number of different ways that I save money on groceries, but one of the key things that I do, that may well save me the most money, is to stockpile. I don’t know what pops into your mind when you think of stockpiling, but I’m guessing it may be an image of some slightly crazy person that has a garage full of detergent and toilet paper and lots of shelves filled with spaghetti sauce, tuna, and peanut butter.

But before you get the wrong idea and start picturing stockpiles like you’ve seen on Extreme Couponing, a show I’ve never watched but have heard a lot about, let me explain just what I mean when I talk about stockpiling.

What is Stockpiling?

Basically, stockpiling means that when an item is on sale for a rock bottom price, you’ll buy as many as you can afford.

Pretty much any grocery, household and toiletry item goes on sale occasionally. But sometimesthat sale will be super awesome and you’ll be able to get an item at a rock-bottom price or even free.

If the item is something that you regularly use (like toilet paper) or could regularly use (like canned tuna), then it makes sense to purchase as many of that item as your grocery budget allows, within reason.

Why do I love having a Grocery Stockpile?

It’s obvious that I stockpile because it enables me to save money on groceries, but what I think people often don’t understand is just how much money buying ahead and building a stockpile can actually save.

Here are a few examples from my own shopping trips:

* Saved $25.05 stocking up on Hanover frozen veggies
Hanover frozen veggies were on sale for $1.67 at Giant back in March, and by combining coupons and sales I was actually able to get 15 bags of veggies for totally free. Actually, they were better than free because I actually made $5.45 on them!

Frozen veggies typically have a regular price of somewhere close to $2.00 a bag. If I just waited and bought a bag whenever I needed more veggies, I most likely would have paid full price and as a result, would have paid the equivalent of $30.00 for the 15 bags that I bought. That’s some significant savings!

* Saved $6.30 stocking up on Blue Diamond almonds
We love eating almonds on our salads and I also like to have them on hand for a quick, healthy snack when needed. In January, by taking advantage of a sale, I was able to get 6 of the small 6 oz. cans of Blue Diamond almonds for just $2.17.

Aldi sells the 1 lb. bags of almonds for $4.99, meaning that by buying ahead when the Blue Diamond were on at such a low price, I saved myself $6.30!

* Saved at least $30.00 stocking up on Scott toilet paper
Recently Giant had a deal where I was able to get 5 Scott toilet paper 12-packs for just $2.99 each. Normally, these 12-packs cost at least $8.99, often more. But let’s just assume that I would get them on sale for $8.99 each or $44.95 total. By stocking up on 5 packs of Scott toilet paper when it was on sale at the rock bottom price of $2.99, I was able to save at least $30.00!

* Saved $14.28 stocking up on Domino brown sugar
In December, I got 12 bags of Domino brown sugar for free after coupons and sales. That’s a lot of brown sugar! But since it’s something that I regularly use and it was totally free, it only made sense to me to go ahead and buy it. (Just in case you are curious, I just used the last of it up a couple of weeks ago.)

Our Aldi regularly sells brown sugar for $1.19. By stocking up on brown sugar when I could get it for free, I was able to save a total of $14.28!

* Saved at least $9.50 stocking up on KidFresh meals
This week Giant has KidFresh meals on sale for $2.50 each. By combining coupons with sales, I’ll be able to buy 15 KidFresh meals and actually make $9.50 on them!

I don’t typically buy this kind of thing because it quickly gets expensive, but this is a case where I will stockpile and buy the product simply because it makes sense financially. And, I can’t say I will mind being able to pull the meals out for quick lunches this summer! 🙂

I don’t know of anyone that wouldn’t enjoy having an extra $70 in their grocery budget, and that is exactly what stocking up on these 5 things did for me.

Sometimes the savings aren’t as big- it might just be a savings of $0.50from buying an extra can of beans that was on sale.

But here’s the thing. By implementing this practice of buying ahead and stockpiling with multiple items a week, the savings slowly add up to give your budget a big boost!

Other Benefits of Stockpiling

Obviously, saving money is the biggest reason that I buy ahead, but here are some of the other benefits that I’ve discovered from having a stockpile.

  • Helps me be more prepared for unexpected guests because I always have extra food on hand that I can quickly throw a meal together with.
  • Keeps us from eating out as much since I have food on hand to easily make meals.
  • Allows me to bless others by donating or passing along my freebies and the things I don’t need.
    (Sometimes I buy things simply because I can get them for free or make money on them, but they aren’t things that I really want, so then I have the fun of getting to share them with other people!)

Want to save money on groceries and get started stockpiling too? Learn how tostart building your own grocery stockpile!

Missed the other posts in this series? Here they are!

  • Our $200 Grocery Budget: Why We Do It
  • Our $200 Grocery Budget: How to Start Building a Grocery Stockpile
  • Our $200 Grocery Budget: How a Price List Saves Money
  • Our $200 Grocery Budget: How I Plan My Deal Shopping Trips

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The Importance of Stockpiling (Tips from Our $200 Grocery Budget) (2024)

FAQs

What are the benefits of stockpiling food? ›

Emergency Preparedness

Whether on a large or small scale, building a stockpile can also cushion the impact of inflation or economic instability. Buying in bulk or large quantities when prices are low can be cost-effective in the long run.

Why is budgeting for groceries important? ›

Even if you think you're frugal, food costs can add up fast. It's easy to overspend, especially when you shop on an empty stomach or don't take advantage of deals and sales. If you're an older adult wondering about the best way to save money grocery shopping, the first step is to create a grocery budget.

Does stockpiling save money? ›

Benefits of stockpiling

Beyond saving money, there are several other added benefits, including: You can save by stocking up when items are on sale. Fewer last-minute grocery trips on items you regularly use.

How to budget $200 on groceries a month? ›

Here are the most important habits that we regularly used to spend no more than $200 a month on food.
  1. Create a weekly perishable food inventory. ...
  2. Plan a menu each week. ...
  3. Focus on buying loss leaders. ...
  4. Find the markdowns. ...
  5. Buy in Bulk. ...
  6. Avoid processed foods.
Feb 21, 2024

What foods are good for stockpiling? ›

  • Meats & Beans. Canned meat, chicken, turkey, seafood. and other protein-rich foods, such as. ...
  • Vegetables. Canned vegetables and vegetable juices. ...
  • Fruits. Canned fruits and fruit juices. ...
  • Milk. Canned, boxed or dried milk and shelf- ...
  • Grains. Ready-to-eat cereal, crackers, pretzels, ...
  • Water. Enough for 1 gallon per day.

Why should we stockpile? ›

You may be without electricity, refrigeration, clean tap water or phone service for days or weeks. In some cases, such as during a disease outbreak, you may be asked to stay home to keep safe. That's why having an emergency preparedness stockpile is important.

What is the benefit of keeping a food budget? ›

SAVE MONEY

While you skip out on spending money at restaurants, meal planning also involves buying items in bulk, which can be a huge money saver. Sticking to what's on the list also avoids impulse buys at the grocery store.

What is the 50 30 20 rule? ›

Do not subtract other amounts that may be withheld or automatically deducted, like health insurance or retirement contributions. Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

How do you stockpile on a budget? ›

It will likely be easier on your budget if you spread out the items over several weeks or months. Consider adding a few extra dollars to your weekly shopping trip and buy just a few items each time you go to the store. Another important thing to remember is to keep an eye out for sales.

Is Stockpiling the same as hoarding? ›

Stockpiling is intentional and often strategic, driven by a desire to be prepared. It's typically a planned action based on anticipated needs and future shortages. In contrast, hoarding is compulsive and often lacks logical reasoning, driven by a psychological need to accumulate items.

Is stockpile any good? ›

Stockpile is a great way to get young people interested in stock investing by purchasing fractional shares of stock through gift cards. It's incredibly easy to use, although it's switching to a paid monthly membership model. Additionally, its limitations may turn off more sophisticated investors.

Can you live on $50 a week for groceries? ›

Planning out your meals so you use all of the ingredients, both raw and cooked, plus pantry staples and frozen goods means you can make a week's worth of dinners for around $50 in groceries.

How much can one person spend on groceries a month? ›

Average grocery cost per month for 1 person in a household

Considering the Thrifty and Liberal plan averages, the monthly grocery cost for an adult male falls between $275.63 and $434.33, while the average for an adult female ranges from $238.46 to $384.93.

How can I live on $20 in groceries a week? ›

Your Shopping List
  • 1 bag of dried beans: $1.49.
  • 2 pounds of chicken breast: $3.76.
  • 1 jar of peanut butter: $1.98.
  • 1 jar of jelly: $1.79.
  • 1 loaf of whole wheat bread: $1.63.
  • 1 dozen eggs: $1.26.
  • 1 container of oatmeal: $1.35.
  • 1 bag of dried lentils: $1.39.

What are the advantages of stockpiling? ›

You Don't Have To Worry About Running Out of Essentials

Think about how many times you've needed a particular item and didn't have it because it's constantly being used up in your home. Not only does this mean you have to run out to get it, but also you're probably going to have to pay full price.

What are the 5 benefits of food preservation? ›

Importance of Food Preservation
  • Food preservation gives the food more variety. ...
  • Food preservation extends food's shelf-life. ...
  • Food preservation expands the supply of food.
  • Food preservation cuts down on food waste. ...
  • Food preservation helps to reduce dietary deficiencies.

What are the benefits of food inventory? ›

Benefits of Restaurant Inventory Management
  • Less Food Waste. ...
  • Lower Cost of Goods. ...
  • Better Vendor Management. ...
  • Automatic Inventory Supply. ...
  • Improve Customer Satisfaction. ...
  • Increased Profits. ...
  • Significant Cost Savings. ...
  • Get Real-time Data to Make Informed Decisions.

What are the benefits of storing food properly? ›

Proper food storage helps to preserve the quality and nutritional value of the foods you purchase, and also helps make the most of your food dollar by preventing spoilage. Additionally, proper food storage can help prevent foodborne illnesses caused by harmful bacteria.

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