Why Buying in Bulk isn’t Always a Good Deal
avatar

I love it. I finally found an article I agree with on grocery shopping. One of my pet peeves is people who always buy in bulk solely because of the cheaper unit price. There’s a major downside to this strategy because it often costs you more money in the long run.

“Case” in point: just because the price per ounce is cheaper on a 5lb tub of mayonnaise doesn’t mean you are getting a good deal. Seriously, are you really going to consume five pounds of mayonnaise before it expires? Unless you have ten children, I doubt it. Not only will buying in bulk cost you more when you have to throw it out, but you will be tempted to keep using it after it expires, which can put you at risk for health issues. There are a few things I disagree with in this article (as usual) but the point remains. It’s only a good deal if you’re going to use all of it before it expires.? Check out the original Yahoo! Finance article on the best stuff not to buy in bulk.

Matt Wegner is a personal finance, small business and leadership coach focused on teaching his clients the tools for L.I.F.E. (Living In Financial Excellence). Learn how to save money on groceries by requesting a free planning session today or visit financialexcellence.net.

About Matt Wegner

Matt Wegner is the founder of Financial Excellence, host of the Living in Financial Excellence podcast, and President of Grate Outdoor Solutions, LLC. Matt’s team at Financial Excellence strives to empower consumers with the knowledge of how to live debt free in a spending-oriented society. Get on the road to Financial Excellence today!
Personal finance, , , Permalink

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>