How To

How to Make a Price Book

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By Lynn W
eHow Community Member
(19 Ratings)

A price book can help you save money while grocery shopping. It is a book that you can refer to, to see if you are getting a good price on a sale or if another store is charging more for a product you need.

Difficulty: Moderate
Instructions

Things You'll Need:

  • 3- ring binder
  • printer
  • pencil
  • 3- hole punch
  • calculator
  • grocery receipts
  1. Step 1

    Print out pages for the price book. The link is at the bottom of this article.

  2. Step 2

    Punch holes on the pages and put them in the binder.

  3. Step 3

    Add the categories you want at the top of the pages. Some good ones may be stuff like bread, soft drinks, canned soups, cookies, ect. These are general categories.

  4. Step 4

    Next, start filling in the data. Start with filling in the specific category. Example: Under bread, write on the lines white bread, then skip several spaces(6 or more) and then write, wheat bread, then skipping more lines, write hot dog buns, ect.

  5. Step 5

    Next, in the spaces you left under the specific categories write in the store and brands you use.

  6. Step 6

    After you have that all set up, pull out your collected grocery receipts. Most grocery receipts now are itemized which makes it very convenient for a price book. Write in the regular price of the item in your price book. Also include the size you buy.

  7. Step 7

    Figure out the unit price. To do this, divide the price by the weight or size. Example: If your spaghetti is $.60 and it is 10 ounces than divide 60 by 10. 60/10= 6, so the spaghetti is $.06 per ounce. This is important when figuring out if another size is more cost effective. Example: Is a 18 ounce box more cost effective at $.90? Let's see... 90/18= 5. So at that size it is only $.05 an ounce, so yes, it is more cost effective. This can get really tricky when you start adding in coupons. That is why it is good to have it all written down.

Tips & Warnings
  • Don't worry if you can't fill it in all at once, this is an ongoing process.
  • Use a pencil so you can update it easily!
  • Spend time every so often updating the list.
  • You can instead of erasing the info, add new data under the old so you can see pricing trends.

Comments  

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on 4/1/2009 I like to scrap book so this is helpful

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on 3/18/2009 Thank you. Very good.

kaytay said

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on 3/14/2009 creating a price book should help save a lot of money

smidgen said

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on 3/9/2009 This is a wonderful idea, I never heard of a price book either? But you know in this difficult time maybe it might help to get the best deal for the money?

shannonny said

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on 3/6/2009 Ooh, neat idea! Never heard of a price book but it makes a lot of sense, as there are about four different stores I go to for different grocery needs.

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