Home Saving money on groceries
of Buying Groceries in Bulk
Yes, buying groceries
in bulk can be a great money saving idea. However, in reality,
they can actually end up costing you and your budget more
than if you hadn't bought in bulk. And therein lies the hazard
of buying your groceries in bulk.
If you aren't careful,
you can fall victim to the temptation to save money at all
costs. Yes, that 24 can case of vegetable soup is a great
deal. But what if after a year, only three cans have been
eaten because most of the family isn't a fan? It would have
been cheaper to spend the money on three cans and full retail
price than buy at the discounted rate at a case lot sale.
However, if it
was a 24 can case of tomato sauce that you went through in
less than two months, it might have been better if you had
invested that vegetable soup case lot money into another case
of tomato sauce instead.
The problem is
that we see a steal of a deal on something that is only available
in a case lot, jumbo size, or in multiples, so we buy it.
But we fail to determine how much we will use within a reasonable
amount of time. Using the vegetable soup example, the last
can would be used 8 years from now if your family ate them
at the same rate! That is a long amount of time to have that
money invested into that soup.
When you see a
deal of something in bulk, take a moment to determine how
long it would take your family to go through it. If it is
more than 6 months to a year, especially for larger items,
take a pass on it.
Also read Be
wary of warehouse grocery pricing