How to combat inflation

>> Monday, April 30, 2012

I received an email from a woman I thought might be worth sharing.  Here is her question and my response, in case you have similar concerns or issues. Inflation is a HUGE issue for many families and I hope I can shed some light on how you can keep inflation down, and still eat healthy & homemade meals (on a budget!). 

Question:
"I have been a long time follower of your blog. Which I love and enjoy all the helpful information, recipes, and resources. I have never paid for your service because I have been a coupon-er and used other online services. With the raising prices of groceries and the restrictions placed on my favorite coupons; I am finding more and more that I need a new system.

I was wondering about your thoughts on adjusting your price matching "best prices" with the inflation. Specifically, I am finding there are only a handful of okay sales each week in comparison to a cart-ful each week, say two years ago. I've noticed on your blog that your documented fantastic shopping trips are few and far between. I guess what I am wondering is what is your take on price matching with increasing food prices? Have you adjusted your dollar amounts to reflect a great deal given today's inflated prices? When you give out your deals to your subscribers are you finding so few deals, it's not even worth the trip?  I am feeling sad every time I shop and walk away with out that feeling of savings like I use to."

Answer:
 I agree with you!  The prices of yesterday are so different than today.  I am sure we will never see a 25 lb. bag of flour again for $1.99 (those were the good ol’ days!!).  However, I still feel with price matching I haven’t felt the strain on my food budget like I should be.  I am extra careful about only purchasing the great/red deals each week and find I am stocking my freezer more full when certain items go on sale (meat especially).  As I am stocking up when prices are at their lowest, I notice I don’t feel the inflation quite so much because I have a year supply in my storage that I can turn to as prices get higher.  I then stock up when those items go on sale for great prices (sometimes less often, but it still happens) and that seems to help keep prices low.

As far as my grocery bargain pictures, I should be better at posting more of those.  To be honest I never know if people think those posts are lame, or if I should do them.  I still shop every 2 weeks and my piles are just as impressive as they always are..I just get lazy and don’t take pictures ;)  Thanks for the reminder to keep up on that!

As far as keeping up with the inflation prices I just compare the prices each week to Costco, Sams & Walmart (all of which have gone up quite a bit the past couple of years).  I do have to adjust the red deals to these new prices, but there seems to still be several great deals each week.  Some week’s have more great deals than others, but over all, the lost-leader prices from each store are still rock-bottom prices (which makes me happy each week!) and worth shopping for.

One item to watch very closely is meat prices.  Meat prices, especially red meat, are sky rocketing!! Gone are the days of most meat prices at $2 or under per pound.  The ‘new’ low price for red meat is more like $2.50-$3.00/lb.  This is a lot higher than a year ago.  So…when meat goes on sale for great/red deals, stock your freezer with as much as you can fit and afford.  This will help you not have to get in a pinch and buy these items at full price, or a not-so-great sale later in the month.

As far as couponing, I find I can save more money on all of the regular food items my family eats on a regular basis--without clipping coupons.  I am a strict shopper and don’t buy very few (if any)  pre-packaged or processed foods/snacks and so coupons have never worked for me.  I know you can get the occasional coupon that works for items I use, but it is not worth my time or money to clip and organize them.  For me, using Deals to Meals is easy and saves me hundreds of dollars!  I only shop 2x’s a month, plan my meals using our weekly meal plan (one week’s meal plan feeds my family for 2 weeks), and price match at Walmart.  By using this method I am able to keep my family’s budget to $500-$550 (plus or minus a few) a month, keep up my food storage, and stock my freezer with lots of good stuff!  We have a family of 7 with BIG eaters and appetites, so the fact I have not increased our food budget in 2 years, makes me feel I have inflation at bay.  Just remember...be a wise shopper, don't impulse buy, go to the store with a plan & stock up so you have extras on hand. Doing all of these things will help keep your budget low and your wallet full!  Hope this helps ;)

7 comments:

Anonymous May 1, 2012 at 8:14 AM  

I love seeing the pictuers of what you buy and knowing how much you spent. I am signed up with deals to meals and would love a list of what you bought and the store they are on sale at. I go through the list, but sometimes the same item is on sale at different stores for great prices, but one has an even lower price. I would love a quick way to see not just great prices, but the LOWEST price for that item.

Thanks!

Anonymous May 2, 2012 at 9:35 AM  

I just love your blog and Deals to Meals! I have cut my monthly grocery bill by about 30% and been able to build up my food storage at the same time. Thank you for sharing the letter with us. How often are you finding you have to adjust your "compare to" price at Costco, Sams...? Also, I have began to notice a trend in what is on sale. Do grocery stores put certain items on sale specific times of the year? Thanks Again!

Anonymous May 2, 2012 at 10:24 AM  

I love these kind of posts and would enjoy seeing even more. Thank you for the great job you do!

Sam May 2, 2012 at 11:15 AM  

Thanks for this post. I was beginning to worry about how much i've been spending on groceries but i figure if it's about the same as you I must be doing alright.

Shandra May 2, 2012 at 8:44 PM  

Oh good, I am glad I could make you feel better. With today's prices it would be hard to eat for less than $75 per person (assuming you are eating real meals and not mac & cheese ;). If you are around that area, you are doing great!

Thank for your comments. I will keep posting pictures of my grocery shopping trips. My fridge is nearly empty so it is time to go again :)

Shandra May 2, 2012 at 8:47 PM  

Prices seem to be changing every couple months (or more). It is hard to keep up with the changing prices. Costco's prices change the least, and so that gives for a good base line which is nice.

Thanks for your comment and questions ;)

Becky & Beth May 9, 2012 at 11:06 AM  

I love seeing the pictures! It is inspiring to say the least. Am at this time currently a couponer, but i haven't been or had the time to do couponing. It is also harder to find the deals to purchase and keep on the expiration dates. I've been reviewing your site for about a week and think am going to sign up and see with the 2 weeks. I think i will love it and i might still occassinaly print coupons for items i know there are printable coupons for. I couldn't decide what is the best way but reading your blog and everyone's comments and the from scratch/food storage apporach am really excited to sign up! Thank you for all you do!

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