The Importance of Stockpiling (Tips from Our $200 Grocery Budget) (2024)

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The perfect resource for anyone beginning stockpiling! Learn all about how stockpiling works and how it can benefit your grocery budget and help you save.

The Importance of Stockpiling (Tips from Our $200 Grocery Budget) (1)

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I try to share as much information as possible in my weekly , to help you understand the things that I do to make our $200 grocery budget work. But I still get a lot of questions about exactly how I do it and frequently have requests for more details. So, in an effort to make things more clear and hopefully help you spend less on groceries as well, I’mdoing this series that is all about our $200 Grocery Budget- the way I shop, the key things that help me save, my favorite money saving tricks and more!

There are a number of different ways that I save money on groceries, but one of the key things that I do, that may well save me the most money, is to stockpile. I don’t know what pops into your mind when you think of stockpiling, but I’m guessing it may be an image of some slightly crazy person that has a garage full of detergent and toilet paper and lots of shelves filled with spaghetti sauce, tuna, and peanut butter.

But before you get the wrong idea and start picturing stockpiles like you’ve seen on Extreme Couponing, a show I’ve never watched but have heard a lot about, let me explain just what I mean when I talk about stockpiling.

What is Stockpiling?

Basically, stockpiling means that when an item is on sale for a rock bottom price, you’ll buy as many as you can afford.

Pretty much any grocery, household and toiletry item goes on sale occasionally. But sometimesthat sale will be super awesome and you’ll be able to get an item at a rock-bottom price or even free.

If the item is something that you regularly use (like toilet paper) or could regularly use (like canned tuna), then it makes sense to purchase as many of that item as your grocery budget allows, within reason.

Why do I love having a Grocery Stockpile?

It’s obvious that I stockpile because it enables me to save money on groceries, but what I think people often don’t understand is just how much money buying ahead and building a stockpile can actually save.

Here are a few examples from my own shopping trips:

* Saved $25.05 stocking up on Hanover frozen veggies
Hanover frozen veggies were on sale for $1.67 at Giant back in March, and by combining coupons and sales I was actually able to get 15 bags of veggies for totally free. Actually, they were better than free because I actually made $5.45 on them!

Frozen veggies typically have a regular price of somewhere close to $2.00 a bag. If I just waited and bought a bag whenever I needed more veggies, I most likely would have paid full price and as a result, would have paid the equivalent of $30.00 for the 15 bags that I bought. That’s some significant savings!

* Saved $6.30 stocking up on Blue Diamond almonds
We love eating almonds on our salads and I also like to have them on hand for a quick, healthy snack when needed. In January, by taking advantage of a sale, I was able to get 6 of the small 6 oz. cans of Blue Diamond almonds for just $2.17.

Aldi sells the 1 lb. bags of almonds for $4.99, meaning that by buying ahead when the Blue Diamond were on at such a low price, I saved myself $6.30!

* Saved at least $30.00 stocking up on Scott toilet paper
Recently Giant had a deal where I was able to get 5 Scott toilet paper 12-packs for just $2.99 each. Normally, these 12-packs cost at least $8.99, often more. But let’s just assume that I would get them on sale for $8.99 each or $44.95 total. By stocking up on 5 packs of Scott toilet paper when it was on sale at the rock bottom price of $2.99, I was able to save at least $30.00!

* Saved $14.28 stocking up on Domino brown sugar
In December, I got 12 bags of Domino brown sugar for free after coupons and sales. That’s a lot of brown sugar! But since it’s something that I regularly use and it was totally free, it only made sense to me to go ahead and buy it. (Just in case you are curious, I just used the last of it up a couple of weeks ago.)

Our Aldi regularly sells brown sugar for $1.19. By stocking up on brown sugar when I could get it for free, I was able to save a total of $14.28!

* Saved at least $9.50 stocking up on KidFresh meals
This week Giant has KidFresh meals on sale for $2.50 each. By combining coupons with sales, I’ll be able to buy 15 KidFresh meals and actually make $9.50 on them!

I don’t typically buy this kind of thing because it quickly gets expensive, but this is a case where I will stockpile and buy the product simply because it makes sense financially. And, I can’t say I will mind being able to pull the meals out for quick lunches this summer! 🙂

I don’t know of anyone that wouldn’t enjoy having an extra $70 in their grocery budget, and that is exactly what stocking up on these 5 things did for me.

Sometimes the savings aren’t as big- it might just be a savings of $0.50from buying an extra can of beans that was on sale.

But here’s the thing. By implementing this practice of buying ahead and stockpiling with multiple items a week, the savings slowly add up to give your budget a big boost!

Other Benefits of Stockpiling

Obviously, saving money is the biggest reason that I buy ahead, but here are some of the other benefits that I’ve discovered from having a stockpile.

  • Helps me be more prepared for unexpected guests because I always have extra food on hand that I can quickly throw a meal together with.
  • Keeps us from eating out as much since I have food on hand to easily make meals.
  • Allows me to bless others by donating or passing along my freebies and the things I don’t need.
    (Sometimes I buy things simply because I can get them for free or make money on them, but they aren’t things that I really want, so then I have the fun of getting to share them with other people!)

Want to save money on groceries and get started stockpiling too? Learn how tostart building your own grocery stockpile!

Missed the other posts in this series? Here they are!

  • Our $200 Grocery Budget: Why We Do It
  • Our $200 Grocery Budget: How to Start Building a Grocery Stockpile
  • Our $200 Grocery Budget: How a Price List Saves Money
  • Our $200 Grocery Budget: How I Plan My Deal Shopping Trips

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The Importance of Stockpiling (Tips from Our $200 Grocery Budget) (2024)

FAQs

The Importance of Stockpiling (Tips from Our $200 Grocery Budget)? ›

Basically, stockpiling means that when an item is on sale for a rock bottom price, you'll buy as many as you can afford. Pretty much any grocery, household and toiletry item goes on sale occasionally. But sometimes that sale will be super awesome and you'll be able to get an item at a rock-bottom price or even free.

Why is it important to stockpile? ›

You may be without electricity, refrigeration, clean tap water or phone service for days or weeks. In some cases, such as during a disease outbreak, you may be asked to stay home to keep safe. That's why having an emergency preparedness stockpile is important.

What are the benefits of stockpiling? ›

Stockpiling reduces your monthly grocery bill over time and saves you money. For example, if you buy a fabric softener refill for R30 every month and it goes on sale for R20 and you buy 12, you will save R120 over 12 months. Repeat this with many items on your grocery list and watch your monthly bill shrink!

Does stockpiling save money? ›

If you're looking for ways to save money on groceries, having your own stockpile of essential items is a smart move. The premise is simple: avoid paying full price by buying more of one thing when it goes on sale. In practice, however, it's important to keep in mind a few principles to set yourself up for success.

What is the benefit of keeping a food budget? ›

Reduced Food Waste: Meal planning reduces the chances of overbuying ingredients or letting them spoil in your fridge. This translates to saving money on wasted food, which is beneficial for the environment. Healthier Eating: Budgeting and meal planning allow you to make deliberate choices about what you eat.

What is the best food to stockpile? ›

  • Meats & Beans. Canned meat, chicken, turkey, seafood. and other protein-rich foods, such as. ...
  • Vegetables. Canned vegetables and vegetable juices. ...
  • Fruits. Canned fruits and fruit juices. ...
  • Milk. Canned, boxed or dried milk and shelf- ...
  • Grains. Ready-to-eat cereal, crackers, pretzels, ...
  • Water. Enough for 1 gallon per day.

Should we be stockpiling food? ›

Storing food supplies can be a prudent measure in certain situations because possessing a supply of non-perishable items during emergencies such as natural disasters, power outages, and other unforeseen events ensures that you have access to essential nutrition when the flow of local stocks is disrupted.

What are the disadvantages of stockpiling? ›

If you're not able to move your excess inventory, it may accumulate and become a storage issue — and storage space isn't free. Even worse, you must also consider the costs to keep up with your inventory: Storage costs such as rent, maintenance, utilities and insurance.

How do you stockpile on a budget? ›

It will likely be easier on your budget if you spread out the items over several weeks or months. Consider adding a few extra dollars to your weekly shopping trip and buy just a few items each time you go to the store. Another important thing to remember is to keep an eye out for sales.

What is the difference between hoarding and stockpiling? ›

Stockpiling is intentional and often strategic, driven by a desire to be prepared. It's typically a planned action based on anticipated needs and future shortages. In contrast, hoarding is compulsive and often lacks logical reasoning, driven by a psychological need to accumulate items.

How do I get my money out of stockpile? ›

If you have just sold your stocks, you will not be able to withdraw your balance until your sell order settles. You can learn more about the order execution times here. To withdraw your available cash, you will need to have a bank account linked first. If you have a bank account linked, you can withdraw your cash.

How to start stockpiling Food? ›

Build up your everyday stock of canned goods until you have a two-week to one-month surplus. Rotate it periodically to maintain a supply of common foods that will not require special preparation, water or cooking. From a sporting or camping equipment store, buy commercially packaged, freeze-dried or air-dried foods.

What is an example of stockpiling? ›

the practice of storing a large supply of something for future use: Increasing instability is encouraging stockpiling. Why is there this stockpiling of arms and ammunition? Food stores have begun rationing sales of rice to prevent stockpiling by customers.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What is a realistic grocery budget? ›

The average U.S. household spends $7,316 on food annually, which is about $609.67 per month. The U.S. Department of Agriculture provides monthly food budgets at different price levels to help determine your own grocery spending.

How much should I spend on groceries for one person? ›

Average grocery cost per month for 1 person in a household

Considering the Thrifty and Liberal plan averages, the monthly grocery cost for an adult male falls between $275.63 and $434.33, while the average for an adult female ranges from $238.46 to $384.93.

Why is it important to have enough stock? ›

Effective stock management ensures that all locations have the necessary inventory to meet customer demand, leading to increased customer satisfaction, and repeat business as a result.

Is stockpile a good investment? ›

Stockpile is best for those looking to dip their toes into the stock market, as well as for people who want to give a gift of stocks or simply encourage younger generations to start investing early.

Why do we need to stock up on food? ›

the government have launched to try and ensure the public are prepared for emergencies. It's supposed to get us ready for any emergency from bad weather and flooding to another pandemic, or a cyberattack. It's good advice to have a few essentials in - tinned food, bottled water, batteries, torches, a radio.

What does stockpile do? ›

Stockpile raises the user's Defense and Special Defense by one stage each and charges up power for use with companion moves Spit Up or Swallow. Stockpile can be used up to three times before its companion moves, which will attack or recover HP respectively.

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