Really, truly. Manufacturers and other businesses have been decreasing the size of grocery items while keeping the prices steady. Remember when ice cream was in a half gallon container? There are still a few manufacturers that sell half gallons, but most are smaller containers. I saw a half gallon container of ice cream at Trader Joe’s and was surprised at how  much larger the container seemed compared to what is being sold now. Instead of the 1.75 or 1.5 quart containers of ice cream, this was a full half gallon. When the package size decreases and the price stays the same, this is increasing the price per ounce. In the case of ice cream, this is over a ten percent price increase.

Even when an item is on sale, this doesn’t mean that the price is a good deal. Remember when notebook paper came in 200 sheet packages? The packages have decreased to 150 sheets. A dozen pencils, not anymore, more like 10 in a package.

To thwart this, wait until items are on sale or check the price or a larger or smaller sized package. Figure out the cost per piece or ounce. Even when items are on sale, the sale price may not be as great a deal as the regular price of a smaller or larger sized item. Think this isn’t true… next time you go to a fast food restaurant, check the price of a small medium and large soda. The price difference is generally negligible but the largest one is generally the best deal.

The forecast for back to school shopping is looking bleak for retailers. This year, numbers are predicted to decrease by 7.7% for elementary and high school purchases.

According to the National Retail Federation’s 2009 Back to School Consumer Intentions and Actions Survey, conducted by BIGresearch, the average family with students in grades Kindergarten through 12 is expected to spend $548.72 on school merchandise, a decline of 7.7 percent from $594.24 in 2008. 

This year’s back-to-college and back-to-school spending combined will total $47.50 billion.

Is it any surprise that many people will shop the sales? Maybe not. This morning, I heard this information on the radio and a suggestion was made to buy school supplies at office supply stores instead of drug and discount stores. Buying school supplies at one place will not save you any money. Some stores are advertising “loss leaders” to get you in the store for a short while. Case in point, CVS offered two pocket folders for 5¢, limit 10 with your store card just for the first three days of the sale. After that, the folders would be 50¢ each. Target had Crayons on sale but the price wasn’t advertised.

Even if there is a list of school supplies, go through and see which things are optional and which you definitely need. Buying everything at one place was never an option when I was a child. We always shopped the sales. Now that people are using money more wisely, it is vital to bundle errands, have someone else (a relative or friend) buy some to get around purchase limits – unless you are buying alcohol children can make purchases as well.

Unless there is a sign that says no rainchecks – ask for one. Or if there is supposed to be a shipment coming in at another time, ask when the store will get the shipment and restock the shelves. Occasionally there are more items in back, stores may wait to put them out until after the sale has ended or only receive a small shipment. Go early when items are on sale (if you can) – don’t wait until Friday to shop for items listed in the Sunday circular, many products will already be sold out.

Hunting for back to school bargains will be more of a necessity this year than ever. Looking around and starting early will give you a greater chance of getting the best deals.

Unemployed or underemployed and can’t make payments on your loans? You are not alone.

The American Banking Association recently released a report indicating that a lot of Americans are not paying their bills.

…delinquencies on consumer debt rose to a record 3.23% in the first quarter of 2009, up slightly from the previous quarter.

This number does not include credit card debt.

Similarly, the balances on those late credit card accounts rose to 6.6% of all outstanding bank card debt, marking another record high.

The reports shouldn’t be surprising. If you have no money or are making less than you did, paying bills becomes difficult if not impossible.

Don’t dodge bill collectors or anyone you owe. Be forthright and explain your situation or try to make some small payment if you can.

Prioritize your bills. Pay the essentials such as mortgage or rent, transportation to get to work and utilities.

You aren’t the only one. Ask for a restructuring of your mortgage, if you can. If it is true hardship you can ask to reduce the interest rate on your loan with no additional fees. Some income requirements may be imposed but remember companies also want their money too. Late payments and delinquencies also can mar your credit report but making some effort will be better than doing nothing.

Be a pest.

When you notice that something in wrong on your bank statement or credit card statement, politely ask for an inquiry. Sometimes you may have to ask twice but ti will work. Two months ago I found fraudulent charges on a credit card statement, then I found double billing from a company I actually placed an order with. The fraudulent charges, I had to place an inquiry twice, but while the charges were being investigated, I didn’t have to pay interest on those and checked frequently to see how the status of the inquiry was going.

The squeaky wheel gets the grease. Persistence pays off, but politeness along with assertiveness helps. An overly aggressive person can escalate a situation and make it difficult to get someone to help you.

Assertiveness and aggressiveness are two sides of the same coin but can evoke reactions from different ends of the spectrum. A polite assertive person might be able to get a situation rectified in their favor. An aggressive person who seems to be a bully or boorish (think ugly American) may not be able to have a situation resolved in their favor.

Assertive behavior also deals directly with the person or company that can resolve the issue. You may feel aggravated by having to repeat a situation but by maintaining a pleasant demeanor and you will be able to have your situation resolved. Recent situations where people called 911 because of problems in fast food restaurants or other retailers indicates that shoppers weren’t using assertiveness, they were being aggressive.

Complain to the right person. Generally, the cashier or first person you speak to isn’t the person who can help you, if you have a serious issue. Ask to speak to a supervisor. Keep asking until you get the right person to help you. When calling on the phone, take notes including the time you called, and the name of the representative. Ask for what you want – a refund, a repair, a new item. You may not get it but by asking politely, you are closer to getting what you want than if you are aggressive and get angry quickly.

Telling your problem to someone who cannot help you, such as on an anonymous complaint site does nothing to resolve your problem. Using the sites will help warn others of potential problems, but many situations are different.

We all have those silly things that we do to save money. They may take time, or not be appealing to anyone but ourselves, yet we do them anyway.

Things like reuse a piece of foil that you used to cover a dish while warming or cooking something in the oven. If it’s still clean, why not use it again?

• Saving scraps of soap, material, pieces of paper to reuse.
• Collecting things from a friend to reuse for a project.
• Buying larger quantities or sizes of food than you will actually consume.
• Taking things just because they are free.

None of these are necessarily bad, but if you don’t reuse the items that you are saving or in the case of food (or materials) waste the extra – are you saving money? Buying an item just because it’s cheap or free is wasteful in itself and cheats another person who really wants the item.

For a little money saving humor – check this out!