Today’s Frugal Living Tip is STOCKPILE!
Stockpiling: buying as much of a useful product as you can afford and have room to store when the prices are lowest (by combining coupons, sales, and rebates) so you’re not subjected to full retail prices!
Sales are cyclical. Buy what you can at rock-bottom prices to last you until the next sale! In my mind, there are three types of pricing: retail, buy, and stockpile.
- Retail price = what the store wants me to pay (this may even be a “sale” price).
- Buy price = the price I’m willing to pay if I need something and have a coupon for it.
- Stockpile price = the lowest price at which I buy as many as possible.
Stockpile products you will ALWAYS need… like toilet paper. For example, the retail price for Quilted Northern Ultra Plush is around 58 cents. Suggested “buy” price for toilet paper is 42 cents per double roll. This past summer, I purchased Quilted Northern Ultra Plush (that’s like the ultra-elusive Queen/King toilet paper couponers only dream about, just so you know) for 8 cents per double roll!
It was on sale at Rite Aid so I used manufacturer coupons, RAVV coupons, AND a purchase coupon all rolled up into a Savvy Scenario. (Explained in Frugal Living Tip #2: Stack Coupons.) When I tell you I purchased 84 rolls (and you know I am one person living in a 700 sq ft space) refrain from thinking I’m crazy. The point is, I bought as much as I could because it was ridiculously cheap and I don’t need to buy it again until the next sale cycle!
Stockpiling requires more coupons than just one little coupon insert in your Sunday paper can provide you. See Frugal Living Tip #4: Get More Coupons.
