Here’s an intriguing idea from’s monthly frugal $ense contest. Douglas Jost Saint Louis suggests:

Form a group of frugal buyers in your local area, preferably from people you are willing to shop with and trust. Assign tasks to each member to find the lowest price for certain everyday products. In some cases you may be able to shop together to save money by buying in bulk or may be able to save time if certain members shop for other group members at certain stores.

I’m curious how this would work in practice. My wife and I exchange our home-grown produce with friends and neighbors. We pitch together with coworkers to buy a side of beef every year. We sometimes split the cost of a Costco-sized package with another couple. But I’ve never heard of a frugal buyers club.

[Bankrate: Frugal buyers club]

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