Comments on: Strategies for Living on One Income http://www.simpleproductivityblog.com/living-on-one-income/ Because a fulfilling life doesn't have to be complicated. Tue, 07 Feb 2012 13:37:03 +0000 hourly 1 By: Recession Buster: A Collection of Positive Quotations | Fiscal Fizzle - Money Blog - The Hottest Personal Finance Blog http://www.simpleproductivityblog.com/living-on-one-income/#comment-1138 Recession Buster: A Collection of Positive Quotations | Fiscal Fizzle - Money Blog - The Hottest Personal Finance Blog Thu, 26 Feb 2009 02:52:51 +0000 http://www.simpleproductivityblog.com/strategies-for-living-on-one-income/#comment-1138 [...] Strategies for Living on One Income [...] [...] Strategies for Living on One Income [...]

]]> By: LJ http://www.simpleproductivityblog.com/living-on-one-income/#comment-1136 LJ Wed, 25 Feb 2009 17:56:28 +0000 http://www.simpleproductivityblog.com/strategies-for-living-on-one-income/#comment-1136 I agree with your point. I wasn't thinking of stockpiling in that sense. To me, buying in bulk to save money is common sense. :) I was thinking of those things I pay full price on that I purchase just because I know I will need it at some point in the future, and I happen to be in the store. Some examples of this are dog food, paper towels, light bulbs, etc. Things that tie up capital. I actually routinely buy in bulk for many things. Especially meats, which I get at the local warehouse store. If you can buy in bulk and freeze, but most importantly <i>use</i> what is in the freezer, it is an excellent way to save money. Look for an article on 3/13/2009 about how to organize freezers for more on that. I agree with your point. I wasn’t thinking of stockpiling in that sense. To me, buying in bulk to save money is common sense. :) I was thinking of those things I pay full price on that I purchase just because I know I will need it at some point in the future, and I happen to be in the store. Some examples of this are dog food, paper towels, light bulbs, etc. Things that tie up capital.
I actually routinely buy in bulk for many things. Especially meats, which I get at the local warehouse store. If you can buy in bulk and freeze, but most importantly use what is in the freezer, it is an excellent way to save money. Look for an article on 3/13/2009 about how to organize freezers for more on that.

]]> By: Al http://www.simpleproductivityblog.com/living-on-one-income/#comment-1135 Al Wed, 25 Feb 2009 15:12:21 +0000 http://www.simpleproductivityblog.com/strategies-for-living-on-one-income/#comment-1135 Thanks for the post. Some very good tips. The one thing i would like to say is that i have to disagree with your statement about stockpiling. you said, "I had convinced myself that it would save me time." But stockpiling could also be a moneysaver. When you stockpile items that are on sale, you end up saving money in the long run. as an example, buying a roast at $1.79/lb (on sale) is better than the regular price of $2.99/lb. If i buy several of these roasts when on sale, i don't have to buy them again until they go back on sale. The same goes for chicken, pork, seafood, etc, etc, etc....This way, i avoid buying at the full price. Alot of people do this and utilize a stand alone freezer to help save money. I think one has to determine what they use most frequently and maintain a shopping list (i use excel on my pda). Once this is done, you can refer to it when you look at the circulars or in the grocery store. if an item on sale can save you a considerable amount of money, then it would make sense to stockpile it. Thanks for the post. Some very good tips. The one thing i would like to say is that i have to disagree with your statement about stockpiling. you said, “I had convinced myself that it would save me time.”

But stockpiling could also be a moneysaver. When you stockpile items that are on sale, you end up saving money in the long run. as an example, buying a roast at $1.79/lb (on sale) is better than the regular price of $2.99/lb. If i buy several of these roasts when on sale, i don’t have to buy them again until they go back on sale. The same goes for chicken, pork, seafood, etc, etc, etc….This way, i avoid buying at the full price. Alot of people do this and utilize a stand alone freezer to help save money.

I think one has to determine what they use most frequently and maintain a shopping list (i use excel on my pda). Once this is done, you can refer to it when you look at the circulars or in the grocery store. if an item on sale can save you a considerable amount of money, then it would make sense to stockpile it.

]]>