Stockpiling: What Is It? Why Do It? How To Do It?
I’m sure most of you have heard of stockpiling, but you are not sure what it means.
Let’s say you have a list of products that you use more than others, for example, detergent, toothpaste, tomato sauce, pasta, you name it! So, on your regular grocery shopping trip, you find that there are lots of those items on sale, and the best part is, you came in ready with your coupons! Of course, your main purpose is to get the most out of your limited budget, so wouldn’t it be smarter to buy many of those reduced items using your coupons now, rather than use those same coupons later on the full-price items? You’re going to need them anyway, and if the expiration dates are far along, you’re in luck!
So the next question is: why go through all the trouble to stockpile?
Well, other than taking good care of your wallet, there’s the fact that you will never run out of those frequently used products again, you don’t have to pay full price for any of those products anymore…And if you are into helping out your community, this is a great way to donate provisions to the less fortunate, and plus, you’ll feel good doing it!
Moving on to the “How” part…
Here are some tips to start your own stockpile!
- Check the expiry dates: the later, the better.
- Come up with a shelf or a storage space where you will start building your stockpile. Obviously, you’ll need a place to put all those goodies!
- Try to estimate how long it takes for a certain product before it’s all used up. For example, for how long do you use a bottle of detergent before you finish it?
- Don’t forget about your budget! It’s really important to set a budget that you shouldn’t exceed.
- Prioritize! Make a list of items that you need to purchase in terms of importance and “most used items.”
So there it is folks, I covered the “What,” the “Why,” and the “How,” it’s up to you to determine the “Where” (which stores have the items you use on sale) and “When” (when can you save most)!