This is one of my favorite money saving tips, and oddly it seems like a hard one for folks to grasp sometimes. Sometimes, to save money later you have to spend more money now. *GASP* Blasphemy! But, dear reader, this is called Stockpiling!
Let’s say you normally pay $3 for your favorite body wash, but it’s on sale for $1.50. Well, you could buy one and save $1.50 for your fund. Or, you could buy 2 and save $3 for your fund, spending the same amount of money you normally would. But- let’s say you’ve got a few bucks extra in your budget. What if you buy four body washes? You use it, after all. It’s not going to go bad. Well, dear reader- you just spent $6- twice as much as usual, but you have also saved $6 across the next few months, because when that first body wash runs out, you can go to your stockpile and grab another. Then do it again. Then again!
If you learn the sales cycles on some of your favorite items, you’ll never run out and you’ll be ahead of the game, never having to pay full price- because you’ll have a stockpile to draw from when there are no sales. The laundry detergent above is part of my detergent stockpile- and as you can see, it’s got Tide, Gain, there is even Arm & Hammer in the back. I’m not usually brand loyal, which means I can take great deals as I find them and build my stockpile faster.
Some of my favorite items to stockpile are laundry detergent, toothpaste, dishwasher tabs- and yes, body wash! I also keep a fair amount of my deodorant on hand, because that mess is expensive. I have to shop the sales for it and I sure don’t want to run out.
You can even stockpile food! Just be careful you don’t go overboard. You’re not saving money unless you use it all before it goes bad.