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Michelle Jones, Founder and Editor of BetterBudgeting.com
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Black Belt Shopper
(featured column)

Larry Wiener - Senior Writer at BetterBudgeting.com

How to Get the Most for Your Dollar in the Marketplace

by Larry Wiener

A recent visit to a local supermarket really showed me how much black belt shopping can save on groceries on a weekly basis.  A mainstream supermarket that does a lot of promotions had a coupon in the newspaper offering peanut butter for 99 cents if you bought $10 worth of merchandise at that store.  Since the amount of peanut butter I wanted didn’t add up to $10, I went looking for other items I needed to buy.  More...

As I went around the store, every time I found something I wanted to buy, I said to myself, “I can get this cheaper at . . .”  That’s because mainstream supermarkets with lots of promotion often have higher prices on non-sale items to make up for their promotions.  They hope you come in for the loss leaders and buy a larger number of other items which boost their profits.

So where are these places where I get lower costs?  Here they are:

Specialty Stores  When I stopped to get that peanut butter, I was just coming back from Trader Joe's, a specialty store that is popular here in California and in many other states.  This is a unique store with limited brand selection, no sales, and good prices.  Don’t let the fact that they carry spinach feta appetizers and other specialty items distract you from the fact that they have great prices on bread and other staples.

"B" Chains  These are chains of stores operated by the mainstream stores that are often smaller, have fewer promotions, and offer lower prices.  Here in California, Ralphs' operates Food for Less while Albertson’s operates Lucky and Maxx Foods.  These chains may not have the fancy delis and special services, but offer basic foods at better prices.

Other Plainer Chains  Often the chains that don’t advertise as much and don’t have the big specials and other fancy amenities will offer good food at good prices.  Super A is an example of a chain like that here in California.

Dollar Stores  These stores have staple items usually priced at a dollar or so each or at multiples for a dollar.  There are both national chains and independently operated stores.  You have to watch out for quality at these stores, especially some of the independent, but if you know what you’re doing, you can get good deals on items like toiletries, pasta, cereals, and the like.  Two large multi-state chains I patronize are the 99 Cent Only Store and Dollar Tree.

Closeout Stores  These can be great sources of groceries as well as other items.  Some of their line consists of closeouts that are available for only a limited amount of time, but I have found that Big Lots, a closeout chain near me, has a surprisingly consistent supply of low-sugar cereal and ketchup at great prices.

Stores with Bulk Bins  Why pay for packaging?  At some stores you can go to bulk bins and load plastic bags with staples such as flour and sugar or with snack items.  You get just the amount you want or need and don’t pay for packaging.  Here in California and in Arizona Henry’s has a variety of bulk bins and also has produce on sale.

Ethnic Markets  You’d be surprised what you find at ethnic markets.  Because they appeal to a tightly knit group, often they don’t need to advertise in the most expensive media and are able to pass on the savings to buyers.

Warehouse Stores  These huge outlets that sell everything from cars to candy offer great deals, mostly on large quantities.  While best suited to large families, even as a single person I find good deals on raisins, produce, spices, and other groceries that I use regularly.

Farmers' Markets  These usually weekly offerings may not always have the least expensive produce, but they do have good prices on high quality fruits, vegetables, and other items.

Once you get used to using a variety of sources for food, you will find that you know where to go for what.  You can then buy ahead.  For example, I know the best deal for ketchup in my area is at Big Lots.  When I go there, I buy several bottles to save myself a trip.  Likewise, I know that Hebrew National reduced fat hot dogs are best at Trader Joe’s so I get them there along with my bread and frozen foods.

Of course there’s nothing wrong with going to a supermarket that does a lot of promotions and getting the items that are reasonably priced there.  If you get all your groceries at one promotional store, however, you may be throwing money away.  If you are on a tight budget and have several people in your home to shop for, the time spent learning about offerings in your area is worth it.

For more tips on how to get the most for your dollar in the marketplace, check out my e-book The Black Belt Shopper’s Guide, available on our site.  A revision is coming in the next few months, so look for it.

 

*  *  *

 

Copyright © 2007 by Larry Wiener, author of The Black Belt Shopper's Guide. All rights reserved.

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