A lot of people like to buy in bulk when things are on sale. I’m not entirely onboard with that idea in most cases. After buying my initial base inventory (see previous post) after moving I try to not exceed $100 a month for groceries. This makes bulk buying tricky.
I want to keep as much of my money in investments at all time, not held up in 300 bars of soap. Sales are usually cyclical, and certain things go on sale every 3 months or so. Chances are you can get any food item on sale, so I wouldn’t bulk buy food. Certain things I’ll buy in a larger format, on sale. These items include:
- Toilet Paper – it never goes bad, and you never want to run out
- Dental Floss – buy as many yard pack as you can
- Beer – as much as I dislike the beer store, this keeps my bar bill down
Other than that, I think if you buy as little as possible, more money stays in your pocket. This kind of scrutiny of deals also helps you be a more informed shopper when you start looking at dollar per ml/g/oz of different items to ensure a deal really is a deal.
I find not having bulk, your daily items are replenished more frequently, keeping them fresher. I like fresh and I like money. This buying strategy is easier as a single person, followed by couples, but there are cost advantages for families as well.