Is it smart to buy things in bulk to save money?
Warehouse stores like Costco and Sam's Club sell things in huge quantities for a lower price per unit. Is buying in bulk actually a good way to save money? Or do you end up wasting food and spending more overall? Is the membership fee worth it? What kinds of things make sense to buy in bulk?
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Don't make a big financial decision when you're stressed or excited. Sleep on it. The dealership, the realtor, the salesman all want you to decide RIGHT NOW because pressure works in their favor. Walking away is always an option.
3 Answers
Don't make a big financial decision when you're stressed or excited. Sleep on it. The dealership, the realtor, the salesman all want you to decide RIGHT NOW because pressure works in their favor. Walking away is always an option.
Make a budget and actually stick to it. Boring advice, I know, but it works. The envelope method helped my family — cash in labeled envelopes for groceries, gas, fun money. When the envelope is empty, you're done spending in that category.
If your employer offers a 401k match, contribute at LEAST enough to get the full match. That's free money — like a 100% instant return. Skipping the match is leaving thousands of dollars on the table every single year. Do that before anything else.
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