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You are here: Home / Beer Money Budget / Hack Your Grocery Budget by Buying in Bulk

April 4, 2016 by: Taylor Milam

Hack Your Grocery Budget by Buying in Bulk

Buying Bulk

 Nothing is worse than shopping at the grocery store and leaving with a depleted bank account. Apples, bread, peanut butter and other food goods aren’t exactly exciting fare. In fact, there are probably countless other items you would rather spend your money on (ahem, travel).

Even though it may be painful to drop a few hundred dollars during a grocery store trip, the truth is that it’s actually good for your wallet…if you do it correctly. Instead of buying enough food for a week or two, try buying in bulk. If you’ve never bought in bulk before, here’s a simple guide for getting started. Trust me, your wallet will thank you.

 Where to Buy in Bulk

Most cities have “warehouse” type stores where you can by all your items in bulk. The majority of warehouse stores like Costco and Sam’s Club have a small membership fee (about $90 CAD per year). Don’t be deterred by the cost. The savings in the store can more than make up for your membership.

However, if memberships aren’t your cup of tea, don’t fret! You can still partake in bulk buying through regular grocery stores. Most stores, especially discount stores, offer “family packs” or bulk items for sale. Regardless of where you decide to shop for your bulk goods, it is crucial that you always check the price per unit. Even though it is typically cheaper to buy in bulk, that isn’t always the case.

In order to truly compare prices, you need to check the price per unit that is displayed on an item’s shelf label. Price per unit states how much an item costs per standardized measurement. For example, chips are measured in grams and salsa is measured in ounces. Check the label and buy accordingly.

Start Small

This may seem counter intuitive to buying in bulk, but it’s important that you start small and work your way up. Buying in bulk requires that you spend a lot of money up front and then close to nothing later in the month. For people who are used to buying weekly or biweekly, this can come as a shock.

Be prepared to spend more than you’re used to spending. However, you can also ease your way into bulk buying. Instead of buying all your items in bulk, try buying three to five items. Another way to avoid the hefty price tag is to shop with family, friends and roommates. Nothing is worse than paying for an entire grocery shop on your own. Instead, share the love with the people you live with and split the goods. That’s what friends are for.

Tried and True

When it comes to buying in bulk, there is only one rule: never buy something you’ve never tried before. No matter how delicious an item looks or how badly you want it, do not buy it in bulk for the first time.

Nothing is worse than buying a new item in bulk, excitedly bringing it home and then hating it. Unlike clothes or shoes, food items are often difficult to return and as a result, bad decisions can add up. Next time you’re itching to try a new product, buy it in a normal sized container first. Once you know you like it, feel free to buy in bulk to your heart’s content.

Non-Perishables for the Win

I’ll never forget the time I bought a jumbo-sized bag of kale from Costco. I was so excited to add it to my smoothies and toss it with my salads, but then weird something happened. I brought the bag home and promptly forgot about it. Weeks passed and I finally remembered it existed. After digging around in my fridge, I pulled it out. The once green and bouncy leaves were now wilted and brown.

Learn from my mistakes and purchase perishables with caution. Most stores offer excellent deals on produce, but it’s important to only buy perishable items that you know you will eat before they expire. Non-perishables on the other hand, are a bulk buyer’s dream. Stock up on toilet paper and peanut butter to your heart’s content.

What do you think of buying in bulk? Any tips or tricks?

2 comments
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DC @ Young Adult Money
DC @ Young Adult Money 5pts

I haven't used this strategic as much as I should have.  I think you definitely can save money taking this approach, especially if you have more than one or two people in your family.  I've heard a lot of good things about Costco.  I might have to check it out one of these days.

daniel3ub
daniel3ub 5pts

Nice tip about taking it slow!

One thing I always point out is It's not saving if you throw things out, and it's not saving if you go from consuming x of a product per month to consuming 2x of the same product per month, just because you think you are paying less at Costco.

Thanks for the tips!

Hi there! I’m Lindsey

Hi there! I’m Lindsey

Someone once said to me: “You have to look after your nickels and dimes before you can save your … READ MORE

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