Money v. Goods II

I had mentioned that next paycheck I was going to work an item or two off my proposed Go Heavy list. As it turns out, I woke to a mailbox with a paystub from a former employer paying me for…I have no idea what. I’m guessing a payroll error somewhere got caught in an audit and this is what happens. Regardless, it means that I can go ahead and start my little experiment.

The format is actually pretty simple. Whatever I buy a huge quantity of will be marked with the date, place of purchase, and price. At the end of the year, there are two possible outcomes (well, really an infinite number of possible outcomes, but liet’s not split metaphysical hairs…) – either I am out of the item, in which case that means the amount purchased was, in fact, not a years supply (QED), or there is some product left which indicates that I overestimated. At the end of the year I’ll see if the prices have changed and figure what that change was, and I’ll have my percentage (+/-) of what purchasing en masse at the beginning of the year saved me.

Of course, this doesn’t have to take place at the beginning of the year, it can take place whenever you want as long as you faithfully track 12-months from the starting point.

My list of items to store has actually gotten fairly long. Food, housewares, etc. Since some of the items on my list are actually on sale now at Albertsons, I’ll probably start with those and work from there. Should be interesting.

6 thoughts on “Money v. Goods II

  1. Commander:
    I’m willing to lay good money on the fact that there are things in the back of your storage areas that you have lost track of.
    How up to date is your inventory?
    There will be things (some of them VERY expensive) you have forgotten….

      • Not really, but I have experience of “Oh Sh*T” moments myself…
        There are two types of people in the world –
        Those who occasionally foul up,
        and those who lie about it!

  2. I dollar cost average purchases by spending a fixed amount every month using the funds to get the best value I can on purchases. This way you buy more when it’s cheap, and less and when it’s priced higher and you end up spending less.

    On the subject of getting things to put away, I just realized if my electric oven element gives out ( as it did a while ago) I don’t have a replacement(s) for it. This would be a pretty bad thing if you couldn’t use your oven due to a burned out element and no (Chinese made) replacements were available… They’re not cheap either -in the $40 range for mine. Luckily I have a gas stove.

    I’m going to go out and purchase one today and get a couple more in the future as well to add to stock. It’s funny, just when you think you’ve got a pretty good handle on things to stock – a really glaring omission hits you between the eye sockets… Something to think about.

    Best Regards

  3. This will be interesting to watch.

    Hopefully we will all still be around in a year’s time and not reduced to cooking liberals over a burning tire.

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