bulk purchases, buy in bulk, giveaway

Good morning Dinks.  Let me ask you a question, is buying in bulk worth it for two people?  I know retail chains like Sam’s Club and Costco pride themselves on offering low prices for bulk purchases and I’m just wondering if a Costco membership is worth it for two people.

Should you pay to buy in bulk?

The reason I’m asking is because I recently met Jet.com at the #BlogHer15 conference in  New York City and I was immediately fascinated by their service.  Jet.com is a new online company (literally they just launched)  that lets you find savings club prices online and have all your purchases shipped right to your door.  I have to tell you the idea of having big boxes of money saving items shipped directly to my door is extremely tempting.

Then the financial planner side of me asks myself “Should I be spending money to be a member of a club just to save money?”  I guess the answer is yes.  If your membership is $49.99 per year (which it is at Jet) it’s well worth it if your savings are more than that amount.  Another side of me asks “Should I spend money on a membership to a place where the point is to go and spend more money?”  I guess the answer is also yes, as long as the savings are worth the cost.

Is buying in bulk worth it for a couple?

If you also answered yet then keep reading because we’re giving away 10 one year memberships to Jet.com.  Whenever you see household commercials for everyday items such as toilet paper and paper towels you always see a family happily sitting around a dinner table wiping up messes with durable paper towels.  Or you see a mother helping her child get potty trained with the help of her trusted toilet paper brand.  These commercials don’t offend me but the reality is that couples buy in bulk too.

Nick and I obviously use a lot less product than a family of four, but we still like to save money on items that we continually use over time.  We may not use them every day, but we do use them constantly so those types of items should be bought in bulk regardless of the size of your household.  Why is buying in bulk so praised upon? Because it lowers the cost per unit which saves money and I love that.

Here are some everyday items that we should always buy in bulk:

Toothpaste.  Each of us brushes our teeth three times a day, that’s a lot of toothpaste and a lot of mouth wash.  Did you know that one tube of toothpaste should last one person for three months?  I just learned that from Aquafresh at the #BlogHer15 conference.  I always buy toothpaste on sale but I’m going to start buying it in bulk.

Toilet paper.  Now that Nick and I can work from home we use a lot of toilet paper.  I try to buy this in rolls of 50 or more and double rolls are an added bonus.  No matter how much I hoard it seems like we can never have enough toilet paper.

OK now it’s time for the giveaway.  Use the Rafflecopter link below to win one of 10 one year memberships to Jet.com.  Good luck!

Enter here to win —->>> a Rafflecopter giveaway

 

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Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.


This entry was posted in Giveaway, Savings by Kristina Tahnyak. Bookmark the permalink.

Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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