We’ve all heard that buying bulk is one of the most effective way of saving money. Mathematically, it makes so much sense because buying in bulk means paying less for the same amount but like everything else in life, there are exceptions. Today, let’s explore the other side of this argument.
Starbucks Gift Cards
Over at Costco, I noticed that they are starting to sell Starbucks gift cards. 5 x $20 ($100) worth of credit is only sold for $79. At a glance, it’s such a great deal because we are getting more than a 20% discount but is it really a good deal? If you paid for the gift cards up front, isn’t it much easier for you to give in to going to the coffee shop? If you end up going to Starbucks more often than you would otherwise, haven’t you paid extra?
Whenever I have a huge container of a certain spice, I always end up using more. It’s pretty apparent because Emma and I can use up the first half of any container of spice (be it soy sauce, salt or pepper) much quicker than the second half (the last 10% always lasts us a looooooooong time)
I used to feel that the Hagen Daaz tiny containers are so overpriced (although extremely tasty). With the generic brand which sells for about the same price, there’s 4 times the amount of ice-cream. Then one day, I realized that when I buy the generic brand, I finish it at about the same amount of time (I’m not kidding, I literally eat 4 times the amount). I notice that because of Hagan Daaz’s small container, I end up scooping less out each time. These days, I feel comfort when I buy that more expensive brand of ice-cream because I know I’m not really overspending.
The examples go on and on so what do you think? Do you buy in bulk and if you do so to save money, how do you keep yourself from using more?