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In response, some consumers are stockpiling purchases in the hope of getting ahead of potentially higherinflation.
While that can be a good cost-saving strategy, it can also backfire if you dont shop carefully.
Keep reading to learn how to stockpile for inflationwithout wasting money.
That makes sense if youre sure youd be making those purchases within the next couple of months anyway.
But rushing into purchases for fear of missing out on todays prices could lead to buyers remorse.
And stockpiling can also create artificial shortages, as happened during the COVID-19 pandemic.
But stick with the package sizes you typically purchase.
Giant-sized packages might be cheaper, but even shelf-stable items begin to lose freshness after you open them.
Frozen produce can also be cost effective.
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