After you get a handle on your current financial state, you need a stockpile. A stockpile is a hoarder-esque cabinet of every non-perishable good you would possiblt need. I currently have a years supply of:
- Body Wash / Soap
- Toilet Paper
- Cleaning Supplies
- You get where I’m going with this…
The key to a stockpile is to find free stuff and buy a ton of it. A few months ago CVS had a fantastic deal on Tide detergent – each 42 load bottle cost me around 30 cents after Extra Bucks and manufacturer coupons. I bought 15 bottles, which will probably last me a while. Most of my cleaning supplies were bought at Target – their prices, combined with Target store coupons and manufacturer coupons made them free.
Food is a little trickier due to expiration dates. One of my staples is diet soda, which only lasts a few months (regular soda lasts much longer). Cereal is pretty hard to find for free, but if you stack coupons it can be as little as $1 per box. Check out local saving blogs and national blogs to find out what’s free (or very cheap) each week.
To start a stockpile, you need to start clipping coupons, which can be found in a variety of places:
- Sunday Paper (my #1 choice) – you can buy the paper for $2 at the store, or you can get it delivered for about 50 cents a week – I recommend getting multiple subscriptions.
- Junk Mail – that stuff you throw away contains coupons – look for the Red Plum and SmartSource inserts, money mailers, etc.
- Dedicated coupon websites like coupons.com
- Manufacturer websites
- Store websites
Ask your friends and neighbors to keep an eye out for coupons, and keep all of your coupons in a binder, sorted by category. Click here for more information on making your binder.