Savings Saturdays: Buy Bulk with a Friend
When it comes to buying food and goods for the home, it’s always best in buy in bulk. Even though you’re putting out more money upfront, the price per unit is usually smaller. This is called economy of sale. If you were a large business purchasing millions of an item, the price would be far different.
Buy at a wholesale club as often as you can. It’s 100% worth the cost of the membership. Not only will you recoup the cost of your membership in savings, but some offer programs to reimburse you for shopping. For example, if you just spend a couple hundred dollars a month at Costco (easy for a family), you’ll earn enough cash back to pay for the membership.
The savings extends to more than paper towels and bottled water. You’ll find books, clothes, appliances and electronics for less because these stores buy in such tremendous volume. Even meats and vegetables are cheaper per pound.
But who needs 20 pounds of chicken?
Obviously you don’t want to buy too much. Wasted food isn’t saving money – it’s losing it!
The trick is to take advantage of the savings without losing anything. Visit a wholesale club with a friend who has similar needs (feeding a family or shopping for a holiday, etc.). Pick out enough items for the both of you.
Divide up anything right in the parking lot. Twelve rolls of toilet paper for me, twelve for you! I know at Costco the chicken packages are divided up into sets of two breasts, so you can easily cut the plastic without exposing the food. Of course, if you want a sanitary place for anything, go to someone’s kitchen.
You can divide up anything: fruits, vegetables, paper goods, packages of socks, even detergents and soaps if you have your own container.
Remember: saving money doesn’t always mean spending less today, it means spending less per unit.
Written by Wendy Krepak, Mom, Entrepreneur and Inventor of Card Cubby, Compact Coupon and Card Organizer
For years, Wendy was losing gift cards, discount cards, loyalty cards, and frequent buyer cards. They were often at home or lost in the depths of her purse. She knew there had to be a better way so she designed Card Cubby, an alphabetized system and was amazed at how easily it worked. Her own mini filing cabinet to replace her wallet. It’s Card Cubby, LLC's mission to provide stylish, quality and money saving items to its customers.
For more information, visit www.cardcubby.com.
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