Frugal Friday – Micro Co-ops

Friday, September 11, 2015

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Each day it seems like food prices go up. We are all trying to find ways to save a bit here and there on the foods we purchase. Food co-ops are a great way to lower food costs by taking advantage of bulk buying. But, what if there aren’t any food co-ops in your area, or what if you don’t need or can’t store a 50 pound bag of rice? Well, you could start your very own “micro co-op” with family and friends, and reap big savings.

Here’s how it works:

  • Gather a group of frugal minded people together who want to share in the purchasing of bulk items.
  • Buy large quantities (like 25- or 50-pound bags) of staple items like flour, sugar, rice, and beans.
  • Divide evenly among the group and share the cost equally…and, the cost savings.

Be creative in thinking of other bulk items you could share and save on.

 



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