Frugal Friday: Setting Price Limits

by Marcy on October 31, 2008 · 0 comments

Something that I have started doing since becoming a more frugal grocery shopper is to set a price limit on items that I purchase frequently. Now that I have been couponing regularly for about a year, it has gotten much easier for me to recognize a good price from a not so good one. I’m not a pro, but I have made progress!

Here are a few examples of the upper price limits that I set for items that I buy regularly, with specific brands listed if applicable. I can typically get these items for even cheaper than some of these “limits”, but these are the prices that I try to spend no more than:

* Frozen Vegetables (Steamfresh, Green Giant, Store Brand, Cascadian Farms) – $1/ea

* Pepperidge Farms Goldfish Crackers$1/ea

* Juicy Juice (bottles & boxes) – $2/ea

* Cereal (Kellogg’s, General Mills) – $2/ea

* Cake/Brownie Mixes – $1/ea

* Meat (chicken, beef, pork) – $1.99/lb

* Baby Wipes – $1/tub

I am also always on the look out for (legitimate) freebies…meaning items that I can get for free when using a valid coupon matched with a sale. Items that I can typically find for free (or less than $0.50/ea) include:

* 4 packs single roll toilet paper
* Toothpaste
* Rice a Roni/Pasta Roni
* Whole Grain Pasta (Barilla, Ronzoni etc…)

I always try to stock up on these particular items when they go on sale and I have coupons. I always pay attention to the expiration date when stocking up so that I do not end up wasting food. Sometimes I run out of these items before I can get them at these prices again, but if I hold out long enough, they almost always come back through the sale cycle again. That’s not to say that I won’t go ahead and buy something if we really need/want it and it’ll fit into our budget. I have also had to make a few adjustments to my expectations as prices have risen. But I have been pleasantly surprised at the number of deals that can still be found…with some planning and lots of blog reading! :-)

To take the price limit concept even further, I have considered creating a price book. This is something that I am considering for 2009 to help me when it comes to items that vary in size and are more difficult to compare. My head can only hold so much info!

What (if any) price limits have you set for yourself when it comes to your grocery and household items? Do you have certain items that you always get for free? Do you have a price book? Please share in the comments so that we can all learn from each other!

Be sure to read more Frugal Friday tips here.

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