SeaComm Federal Credit Union OFFICIAL BLOG

Buying in Bulk: Does it Really Save You Money?

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Does buying in bulk really save you money? Continue reading to find out!

The verdict: yes and no! Here’s why…

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In general, there are some items you can count on to be a better bargain at a wholesale store. Things like; dental care items, body lotion, diapers, trash bags, paper products (paper towels and bathroom tissue), batteries and cereal are usually less expensive when purchased in bulk.

But it’s important to resist the temptation to stock up on items only to avoid making a return trip, or the desire to do all of your grocery shopping at the warehouse store so you “get the most” out of your membership.

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But you don’t need to buy everything in bulk. Some things just won’t make sense for your household needs or your budget.

The most important rule of thumb? Don’t buy anything in bulk you won’t actually use! Especially if it’s perishable. Buying fresh items in bulk, like produce, is always a huge risk. Yes, 13 pomegranates for $4.99 is a great deal, but if they all go bad before you have a chance to eat them, you’ve just lost your savings!

Here is a list of more items you shouldn’t buy in bulk: bread, brown rice, nuts and seeds, liquid bleach, spices, olive oil, eggs, canned vegetables. Most of these goods do not have lengthy shelf lives, and will lose their luster after a certain period of time!

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In conclusion: Buying in bulk has the potential to save you hundreds of dollars per year. But it’s important to remember that you shouldn’t purchase items in bulk that are perishable, or items that you wouldn’t actually use. If you are thoughtful about your bulk purchases, you can save up to 83% on certain items.

For more savings opportunities, enroll in a SeaComm Benefits Plus® checking account! After you upgrade your regular checking account to Benefits Plus®, you’ll begin to save money on a variety of purchases which include groceries, restaurants, prescriptions and more! Click here for more information, or visit your nearest SeaComm branch location to enroll, today!

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