Home > Personal Finance > The Best Ways to Buy in Bulk

Comments 0 Comments

For some people going to the grocery store is torture. For me, it’s just expensive. No matter how short my list or determined I am to stick to that list, I always overspend. Sure I enjoy the gourmet cheese or suddenly necessary bag of clementines, but these extras don’t last very long and I am soon back at the grocery store. One way to avoid this cycle is to buy in bulk. Buying in bulk can mean fewer trips to the grocery store and also more cost-effective shopping … if done correctly.

1. Don’t Assume

My husband introduced me to buying in bulk (not coincidentally, he hates grocery shopping). But the first lesson he shared was not to go into a Costco, Sam’s Club or BJs Wholesale assuming everything is a deal.  Yes, some items are cheaper per unit when you buy 100 of them, but not everything. So you still need to do some research. Check the prices at a few of the warehouse stores and even your local grocery chain. Use an app to price-check before you load up.

But once you’ve found the things that are consistently cheaper at a particular place, buy them there. Most of these stores require membership, but it can be worth it if you find a significant savings on things you frequently buy. For us, that’s chicken, green beans and bottled water at the warehouse stores. We end up paying the equivalent of the sale price at other stores without having to wait for the sale.

2. Saving, Space and Saving Space

Buying in bulk is certainly more appealing if you have an extra bedroom, a basement or an extra freezer in the garage to store things. But even in a small apartment, you can get creative. We store boxes of cans (yes, that’s right) of green beans under our dining room table. It is pleasantly out of sight, thanks to a long tablecloth.

The key is to be organized so you don’t forget what you have and go out to buy more. While my husband would love to have more frozen chicken stored, we don’t have the space for an extra freezer. Instead we re-stock every three to five weeks.

3. The Usuals

Just as when you are using coupons, it’s not a bargain if you don’t need it. Sometimes I will see a great deal while walking through a warehouse store and have to remind myself that we don’t need another set of dishes. The savings comes in buying things you would buy anyway.

Also, know your appetite for the item. If it is a perishable good with a short shelf life that your family only eats occasionally, you may end up wasting food — and money. Sometimes buying the bigger size isn’t a bargain. So consider your family’s eating patterns before you start getting larger quantities.

Buying in bulk as part of your grocery plan can save you money, allowing you to eat for less.

More Money-Saving Reads:

Image: iStock

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team