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Decoding your grocery receipts

09/24/08

Posted under Frugality Week, Smart Habits, budgeting, buying tips, shopping, spending habits

The not-so-friendly bundle of grocery receipts have been winking at me for quite some time, so I finally got around to putting all the figures down into an Excel worksheet to make a Grocery Booklet—an exercise that reveal some pretty interesting lessons.

Here are some of those lessons:

From January to August, these items showed the biggest jump in prices:

1.    Condensed milk and other dairy products like cheese. If some stores are crazy enough to still have dairy products from China on their shelves and are selling them at bargains, I hope no one buys them just for the savings!
2.    Canned goods like sardines, tuna etc.
3.    Toothpaste, soap, and shampoo
4.    Olive and canola oil
5.    Bread
6.    Sugar
7.    Bacon
8.    Ready-made soup mixes
9.    Longanisa

Where brand substitution can work:
1. dishwashing liquid
2. bathroom tissue
3. pride detergent (washing machine and all purpose)

Most effective strategies for cutting corners:
Avoid snack items, canned goods, use more tomato paste instead of real tomatoes when prices of tomatoes at the market go up, and make your own soup stocks.

Those who want to have a copy of my Grocery Booklet can email me at lightdream (at) gmail (dot) com. In the booklet, you will find comparison prices of everything I have bought from the grocery since January. You can enhance it by inputting your own figures. I promise, it will make you squirm sometimes, but taking the time to jot everything down will be worth it. ☺





13 Feedbacks on "Decoding your grocery receipts"



Rico

And here I thought my wife was one crazy person for holding on to old receipts from different supermarkets (SM, Shopwise, S&R) and comparing prices! Sheesh! Talk about OC! Please email me a copy. :)
She will be mighty glad! Thanks!



Eugene

Dear Sir,

Since I joined an insurance company, I’ve been reading articles on Personal Finance, Advice and Money Smarts.

May I have a copy of your Grocery Booklet?

Thanks and more power.



Salve

Rico, Oh yeah, OC talaga! But remember, old receipts will not do you any good if the information there do not get transformed into some sort of database. Otherwise, they are just clutter hehe. Just like my big bundle of old receipts. Anywho, this exercise helped me so much more than I expected. It opened my eyes into how much I was spending on useless items and how going for Pride all purpose powder for example, instead of Pride washingmachine determine, makes a biig difference! Sometimes the less exciting brand is really the better buy.



Salve

Hi Eugene, I hope you got the file. Ditto for all the other readers who requested for it. Happy comparison shopping!



Weng

Ah-hah! Another comparison shopper! :)

In my own comparison of prices, prices in vegetables and meat (in groceries) likewise have been very volatile. However, lower prices seem to be the trend in Shopwise than in SM Supermarket.

What you said was oh so true - avoid snack items. As a young couple, my husband and I are tempted by the line up of imported snacks which we like to munch on while watching tv. :) (Just a tip, the Pikinik Less Salt variant is P7.00 higher in SM than in Makati Supermarket.) To avoid this binge, we will revert to our good old weekend market to force us to focus on meals and not snacks.

I hope our consumers would also be more attentive when cashiers punch in our purchases. In one grocery, the barcode was read as one box of my purchase when it fact it was just 1 package.

I’d appreciate it if I can have a copy of your file.

Thanks!



Peter

@Rico-

S&R is very close to where we live. And we are gettin curious at the lines of cars trying to get in on a Saturday.

How does it compare to SM, Cherry, Waltermart, Landmark, Makro? Maybe your wife can answer that.



froshie1

Salve, Pride detergent’s price is the “same” as the leading brand if you’re going to compute the cost per mg. Try it! Mas pipiliin mo pang mag Tide :D ayan nasabi ko na iyong brand hahaha.



Salve

Weng, thanks for the tips! If you have received my grocery booklet, you would have noticed that i love Piknik. hehe



Salve

Peter, what I love about S&R are the following: the meat, fish and chicken section with lots of very good quality and reasonably priced items, sometimes cheaper even than the wet market and more hygienic, 2) the price tags which show per unit pricing and makes it easier to compare prices. there are very good quality dry goods also, but a little bit more expensive than what you will see in sm hypermarket or landmark. most of them are imported.

disadvantages: shop only in S&R if you want to store more than you need in a month. its a warehouse store so the packages are really huge. (big bag of tootsie rolls? hehe). you have to pay an annual membership fee too.

hope this helps! :-)



Salve

froshie1, hehe siguro I should revisit the reasons why I have been buying Pride for the longest time :). thanks for the tip!



froshie1

Well same here Salve! Pride buyer here for the longest time evaah.. But when that detergent hits the 175php level (dati its 120php per 2000 mg) per 2000 mg, parehas na sila ng Tide (the 2000 plus mg) at 182.75



Ella

Salve, Medyo mahal na nga yung Pride today. Dati sya yung pinakamura. Just last month. I switched to Surf Kalamansi. SO far, ok naman sya. it’s cheaper by 20-30php ata for a 2kg pkgg.



Ella

Salve, on bathroom tissue. I tried different brands. But the one that I think is better among the rest (not best) is yung Fresh na brand. 2-ply sya at sya yung 2nd cheaper from the SM Bonus na brand. Di pa sya masyado madali masira pag nabasa na. I buy by bulk. yung tig 12 pcs ata sya.



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