Tuesday, September 7, 2010

CVS 101 Lesson: Stockpiling

One advantage to shopping the CVS sales weekly with extra bucks and coupons is it is easy to start stockpiling.  You will be transferring CVS stock from CVS shelves to your own shelves.  So you may want to start thinking where you can store extra supplies at home.  Couponers come up with creative ways to store their extra supplies.

Stockpiling is having a little (or large) stock of non-perishable items in your own home.  Hoarding would be an extreme of stockpiling.  When wanting to save
the most money possible, a stockpile is necessary--it assures you will never have to pay full price for any basic, non-perishable item.  CVS is a great place to build your health and beauty stockpile.  I also keep some foods stockpiled from CVS.

If you are squeezing out the last bit of toothpaste in the morning before work you will need to stop where it is convenient to pick up a tube on the way home.  You will pay a high price this way.  If you have a stockpile, you will have another tube waiting, which you probably got free or for pennies at CVS.
It is important to decide how much stockpile is reasonable for you.  A month's worth?  Six months?  A year?  Maybe you have a space issue so you will fill three shelves and that's it--but you still need to decide how much of each item you will stock.

Toothpaste is a great example.  I never pay for toothpaste any more and there are so many deals on it at CVS that I have all the stock at home I need.  So I either get it and share it--with other family or friends or donate it to needy charities--or I need to pass up all the future deals until I use some up.
Remember, with the coupons, sales and extra bucks at CVS, many items are free or pennies on the dollar so you don't need a lot of money to build a stockpile.  And you will save a lot of money over the year.

A stockpile builds slowly at first as you learn how to shop at CVS, but before you know it you will have more than your family can use and you will be able to share with others.

Read about stockpiling as an investment strategy.

This post is part of the CVS 101:  Ten Steps To Saving Lessons.



Disclosure: Links in this post may be Simply CVS affiliate partners or personal referral links.

2 comments:

Nonna Beach said...

Good post !

After awhile, you get to know what you will use weekly, monthly, yearly and then it's all so fun and easy to shop and stockpile...then, just walk to your own shelves when you run out of something. I especially like when I can donate to worthy causes in our community. It is so wonderful to share the bounty !

Cheryl said...

Yes, Nonna, it is so much fun and so easy. I just keep what I know I need for a certain amount of time and then as I can get more for pennies I rotate it out and donate it. It is so rewarding to share. Our seniors at church are planning a trip to a poor part of the Appalachian's and want to make up hygiene bags. We were able to take them bags of stuff because of stockpiling.