Since fall is the season to stock up on baking ingredients at rock-bottom prices for the year, I find it helpful to make a price list for all of these items. Prices on various baking ingredients fall to their lowest levels from October through December each year. By stocking up, now, I can save a substantial amount of money compared to buying these items in winter, spring, or summer. Making a price list for these items may sound tedious. However, this is a component of keeping my grocery budget to a super-low $125 to $135 per month for 4 adults.
In early October, I create a price list for all of the baking ingredients for which I'd like to have a good supply. This sort of list can be as simple as notes written on a sheet of lined paper or, if you're like me, a detailed spread sheet to be printed out.
I use an app that came on my Mac to make a table. I include all of the stores at which I am likely to shop across the top of the table and all of the items that I need to buy along the side of the table.
Once the table is made, I go online and find as many of the prices as I can for each item and enter them in the blank boxes, along with brand name and unit price (per ounce/pound, etc). For those prices that I can't find online, I take a printed copy of my sheet with me when shopping during the early weeks of October, filling in the blocks as I shop. Because I gather so many prices from the different stores in my area, I feel confident that I can identify those rock-bottom prices for the season when I spot them.
I stick to items and ingredients that I can't easily make at home. I've discovered that I can make a reasonable facsimile to a few baking ingredients, including graham crackers, sweetened condensed milk, and brown sugar. Depending on my budget and the amount of time I estimate I'll have for the current holiday season, I may or may not include those items in my price list.
In addition to listing the name of each item, I make a guess at how much of the particular ingredients that I would like to have. I think through all of the coming holidays and birthday celebrations for which I'll bake treats and desserts. (For example, I bake birthday cakes for anyone who has a birthday, so I know that I will need several bags of powdered sugar for making cake icing.) This is my baking ingredients wish-list. I may or may not be able to buy each ingredient in the quantities that I desire due to store limits or my budget, but I try. I've never had a grocery budget as low as I do this year. Stocking up will be something of a challenge.
This year, my price list includes:
- milk, semi-sweet, and white chocolate chips
- butterscotch baking chips
- flaked coconut
- marshmallows, mini and large
- dipping chocolate
- powdered sugar
- peanuts
- mixed nuts
- almonds
- pecans
- butter
- canned pumpkin
- fresh cranberries
- raisins
- dates
- dried cranberries
- cream cheese
- whipping cream
In addition, I have some items on hand for which I do not need to shop. These are items that I would otherwise have on my list. Those include:
- corn syrup
- molasses
- granulated sugar
- maple, vanilla, almond, lemon, peppermint, and butter extracts
- paste food coloring
- colored sprinkles in many shapes and colors (green and red included)
- cocoa powder
- spices, such as cinnamon, ginger, nutmeg, cloves, allspice, cardamom, mace
As mentioned above, some baking ingredients I can make from what I have on hand. For this year, those include a substitute for sweetened, condensed milk, brown sugar, and baking powder (this super easy substitute is in this link).
By keeping a stock of some basic ingredients, I should be able to make candies (such as toffee, chocolate and fruit bark, sweet and spicy nuts, and dipped pretzels), cookies (bar, drop, and rolled), cakes, quick breads, pies, cheese cakes, and sweet yeast breads and rolls not only this fall, but throughout the year. And I can make all of those foods at my lowest, possible cost.
Frugal living sometimes requires tedious work. From my perspective, these sort of chores can pay big dividends and allow my family to live large on a small budget.
Do you stock up on baking ingredients during the fall and holiday season? What's on your list? Do you compare prices on stock-up ingredients between stores?
You'll find this post, and many others like it, just a click away on this page -- a compilation of my recipes, shopping lists, and menu plans that illustrates how I feed my family of 4 adults on $125 to $135 per month.