Groceries and toiletry items are all things needed to sustain life. While you must buy such products, wouldn’t it be much better to pay a fraction of the cost? While it is not wise to buy everything in bulk, many things can be stored for long periods of time, allowing you to purchase in advance for a much more competitive price. Here are some tips for buying in bulk; make sure you get the most for your money!
What to Buy in Bulk?
While buying in bulk undoubtably saves you money, it is important to be aware of what products are reasonable to buy in bulk. For the average sized family, buying produce and other perishable items in large quantities leads to wastefulness. If you are simply going to throw items in the trash, buying in bulk is defeating the purpose. Items such as razors, medications, shampoos, and other personal products are a great way to save as they can easily be stored for the future. Furthermore, be sure to buy food items that your family will eat. Buying items that are non- perishable such as canned goods, bottled juices, paper products etc. are also a great option as they can be stored for a reasonable amount of time. Depending on your budget, buying meat in bulk and freezing it for later will generate massive savings. If you do not have adequate freezer space or the cash up front to purchase meat in bulk this will not be as effective.
Where to Buy in Bulk?
There are several retailers for bulk products. Two of the most well-known providers are Costco and Sam’s Club. Another bulk company is BJ’s Wholesale Club, Boxed, and Amazon.
Generics in Bulk
It is commonly known that for the most part buying the generic version of products will save you money. This is no different with bulk products. Buying generic products in bulk such as hand sanitizer and aspirin can save you up to 83% as compared to regular grocery store shopping.
Avoid the Get Your Money’s Worth Scam
Since you are paying for a membership, it is tempting to buy things that you don’t really need or aren’t the best bang for your buck. It is also wise to avoid doing all your shopping in bulk as it does not always maximize your savings. Also, be vigilant to consider the cost per unit price on all items. In some sneaky situations, the bulk price is not actually cheaper. Be sure that you can’t find a lower price at a regular grocery store.