Tuesday, January 27, 2015

My Being "Thrifty" Goals

After learning a few things about using coupons and learning the in's and out's of saving some money, I decided to set some goals for myself. I think this will be good because it will help me get to the point I want to be at with my soon-to-be thrifty skills.


Goals!


1. Create a grocery price book-  A price book is where you will keep the prices of the items you buy at the store. That way you will be able to glance at the price book and see if the item is on sale. This I think will be handy. I will only do the items I use and buy a lot of. I'm big into organization and I don't really care how long it takes me to keep myself organized. So doing something like this might not be for some of you. And that is fine! It's all up to you to do what you feel comfortable with.

2. Learn to focus on purchasing items I need rather than "it's on sale" - This is something that is going to take a while to get past. But it must be done! My first week of using coupons and watching store ads for sales was not so good. I ran out several times in a week to get the items that were on sale, even if I had already bought those items. This week is starting off better. It took some self control not to go out and get things that I knew where still on sale from last week. I just have to keep telling myself that other things will go on sale again through the year. I can't buy everything today to get the nice little stockpile I want. It takes time!

3. Become and stay organized with my coupons/ads/time - Coming up with a system to store my coupons and left over booklets is a working progress that will be constantly getting tweaked. I'm trying not to spend money on this process just yet so I'm just using things around my house to stay organized. I keep my coupons in envelopes with different categories. I then have envelopes with the local store names so that I can put the coupons i'm going to use into that store's envelope to make my trip go a little better. Always bring all of your coupons to the store though, because you  never know when you will need one or two. With my leftover Smart Sources I am writing the date issue on them and just keeping them in a Walmart bag for now. I will be getting a accordion style filing folder soon enough and then I'll start storing them in that. The process of finding deals and saving money is very time consuming. If I don't watch myself I will use several hours in a day looking for ads and coupons and price matching to find the best deals. I know once I keep learning tips and tricks and can cut that time in half.




4. Learn to set budgets each week - This is something that I have always done, but its different when I have the urge to get good deals and spend a little extra in the process. So, I have to set a budget that includes everything. My grocery spendings and my bargain spendings. That way I wont spend more than I have each week.

5. Plan for each shopping trip - This is a handy goal for me to set for myself. I am usually pretty good at writing a list for my grocery shopping trips but things always get thrown into the cart that I didn't plan for. Which then messes up my budget. I usually do my shopping on Mondays (the morning hours around 9-10 are the best!) so I use my Sunday evenings and sometimes Monday mornings to plan out my shopping trip. This consists of looking at the local ads of the store so I can find the cheapest prices on items. I then can use the price match or savings catcher at Walmart and keep to one store as much as possible. Then I go through my coupons to see if I can get the items at an even lower price. Example: Yesterday I saw an advertisement on Campbell's Chunky Healthy Request soups on sale 4 for $5. Well that makes them $1.25 each which is .25 cents cheaper than usual. I went through my "soups" coupons and found two coupons for .50 cent off two of those types of soups. I used those coupons with the sale price and got them for a dollar. Planning ahead pays off! But not everything will go as planned every time, so just be patient and do your best to improvise.






6. Keep receipts to track my savings - If you aren't saving any money, is it worth all this effort? Keeping track of your savings is going to be essential in the learning process. If you aren't saving enough money each week then you are just wasting your time in all this preparation. Saving receipts will show me my savings and will show me if I need to change my methods and do better.




I hope these goals are helpful and I hope you can set some for yourself as well!

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Question for YOU!
What goals will you be setting for yourself to help you be more thrifty?
Please leave comments!


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If your interested in frugal living, then you might want to read this!

3 comments:

  1. We really want to give couponing a go but don't really know where to start. It just seems to take ages to get all of the coupons. We need to get a better system for it. Looking forward to reading about how you get on with it.

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  2. Thanks for reading Gina! I'm finding that it is best, at least for me, to start small until you learn the system. I did so much research at first and then gave it a go slowly.

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  3. Here is my go to website for when I started learning about how to coupon. She has some great information. I still go to her website almost every day. http://thekrazycouponlady.com/beginners/#day1

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