Bulk shopping has big-time benefits. It saves money, reduces packaging waste, and means fewer trips to the store. But savvy bulk shoppers know there are a few important things to consider before blazing through the checkout with a mega-pack of paper towels.
Make the most of your next big bulk-shopping trip with these money-saving tips.
Price Per Unit or Bust
Before you buy, make sure you’re getting a deal by calculating the price per unit. A unit is the amount of something in square feet, ounces, gallons etc. While a cup of yogurt is not a unit, a single fluid ounce is. Using this method you can figure out exactly how many individual units a bulk purchase contains and what each one costs. For a real deal, aim for at least 50 percent less per unit than you would usually pay. Don’t be afraid to whip out your smartphone to help with calculations along the way.
Digital Saving Strategies
Sit back with your smartphone and surf deals from the comfort of your own home. Websites like couponmom.com help you find weekly bargains and price-check items against other promos and coupons at over 60 different stores, including some bulk-buyer favorites. Shoppers can also be more efficient with card organizing apps like Key Ring. Put everything in one place by loading cards from your favorite bulk stores and club rewards programs onto your phone and never fumble through your wallet again.
Share the Savings
Smaller families or singles can benefit from bulk shopping by splitting purchases with other family members or friends. Sharing with others means you can still get a lower price per unit without maxing out your kitchen and pantry storage space. Even better, you can add bulk perishables to your savings without worrying they’ll spoil before being used.
Make a List and Save
Protect your wallet from impulse purchases by making a detailed shopping list before you leave the house. Items like toilet paper and laundry detergent are almost always good bulk buys, but picking up too many “good deals” not on the list can blow your budget. Head to the store with your list and shopping budget in cash so you can stay focused and avoid spending money on items you don’t need.
Whether you’re loading up on dishwasher pods or getting a great price on a 12-pack of pasta, stay bulk shopping savvy when searching for big deals. Your wallet will thank you.
You work hard for your money, so it’s only natural that you want to make it work hard for you as well. Start building your nest egg today, and save even more with these 4 Easy Ways to Save Money for the Future.
By Katherine Palbom