How to Make a Price Book

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By Lynn W
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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

Step 1

Print out pages for the price book. The link is at the bottom of this article.
Step 2

Punch holes on the pages and put them in the binder.
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.
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.
Step 5

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