All of us buy groceries. Okay, the majority buy groceries while a select few opt to live on only what they can grow or raise on their own. If you number yourself among the many that have to rely on others to produce food while you spend your time doing something else that contributes to society (writer for TMZ, perhaps?), then you are probably open to the idea of saving money on the products you purchase all the time. While you can certainly clip coupons and take advantage of in-store deals, you might not realize that these short-term savings can be maximized by waiting for great deals in order to stock up on non-perishable items. Many dry goods will last you for several months while canned items are often marked with expiration dates that are years away. But how does this really save you money?
There are actually a couple of ways that you can use items with a long shelf life when it comes to saving on your regular shopping trips. Consider for a moment what you might spend on canned items (fruits, vegetables, soups, sauces, and so on) in any given week. Let’s say you shell out $20 a week (or just shy of a grand a year). Now suppose you can save $5 on these items with coupons. If you’re able to purchase multiple products or you can use multiple coupons, you could potentially gather up enough canned goods in one shopping trip to keep you stocked up for the year (provided you have sufficient storage space). And in the process, you will save approximately one-fourth of your annual budget for canned food. That’s pretty major saving.
Of course, the likelihood that you will stock up enough to feed your family for a whole year with one shopping trip is slim (in this scenario you would shell out a little over $700 just for canned items), but you get the idea. The real trick is to come up with a long-term plan that will allow you to stock up on non-perishable items that you regularly use when you do have coupons, although you should also think about pairing your coupons with in-store sales whenever possible to double-dip and maximize your savings. Many people who start buying up products that bear a longer shelf life opt to create a space that can house these items, often installing shelves in a basement, garage, or attic space in order to accommodate the additional stock.
Aside from saving money and keeping your family fed for the next several months (or years), having these long-lasting items in your home will come in handy in the event of a disaster situation like a flood, an earthquake, or the zombie apocalypse (just for example). And if you burn through a lot of coupons and end up with overstock, you could always pass the savings along to your friends and family by giving them some of the products you purchased for the same low price you paid. The point is, there are many benefits to stockpiling items with distant expirations dates, but the primary objective is to save you money now and in the future.