How To Outsmart Inflation And Save Money On Groceries

How Tracking Prices Can Help You Save On Groceries

These days more than ever it pays to keep track of prices, especially on the things you buy most often. Inflation has led to price increases on many items, while others have been subject to “shrinkflation” (which is when manufacturers reduce product sizes while keeping the price the same).

One of the simplest way to save money on groceries is to be aware of how prices are fluctuating over time, and that means tracking prices. That way, you can stock up on your go-to items at their lowest price, and the download I’m sharing today will make it easy!

Knowing the usual unit price ranges of your go-to items can really help you save money, especially if you shop at more than one store. When you see it go on sale, you’ll be able to compare that price to the usual price and know whether the deal is just okay, or whether it’s great enough that it’s time to stock up.

I wish I could tell you what the magic “great deal” price points are, but there are just too many variables for that to be possible. It depends on where you live, where you shop, and even shipping and supply issues.

But what I can do is give you a tool that will make it easy to track the prices of the groceries you buy most often, and that’s what I’m doing with today’s printable!

How To Use My Printable Grocery Price Tracker

You’ll feel more empowered when making decisions at the grocery store when you use this printable to track the prices of your common purchases—it’s a quick and easy way to make sure you’re taking advantage of those low prices when they pop up.

Here are a few tips that will come in handy as you track grocery prices:

• Check grocery store ads, websites, and apps for price information.
• Use a pencil to keep track of things – prices change!
• Focus on your basics. Don’t try to track everything – just the items you buy and use routinely.
• Start small. Even if you only track 3-5 of your most commonly-purchased items, you’ll still save money!
• Track unit prices, or the price per ounce/pound. Unit prices are usually displayed on the price tag (and if not, you can always do the math and figure it out) and can help you catch “shrinkflation,” or a term used when the price for a product stays the same while the package size shrinks.
• Beware of the highest markup items!

What items will you start tracking on your price tracker?