Ramsey thinks you could save money by buying the right items in bulk.
- Costco and Sam’s Club are members-only warehouse clubs that offer discounted prices on many items.
- Dave Ramsey suggests making specific purchases at these big box stores.
- He recommends looking for bargains on paper goods, cereal, batteries and non-perishables at club outlet stores.
Costco and Sam’s Club are warehouse clubs you can join to get discounted prices on bulk items. Both of these superstores have great deals and products people love.
But not all Costco or Sam’s items are worth charging your credit card, so it can be helpful to know which items will give you the most bang for your buck.
Personal finance expert Dave Ramsey has some advice on this matter. In fact, there are nine specific things Ramsey thinks it’s a good idea to buy at Costco or Sam’s.
Buy these items at Costco or Sam’s Club
Ramsey said there were a total of nine items that made sense to buy wholesale from Costco or Sam’s. These nine elements include:
- Dental care items such as heads for your electric toothbrush or dental floss
- Paper products like toilet paper and paper towels
- Canned products
- Dried beans
Ramsey suggested that buying these particular items from warehouse clubs may be the best decision, as you can usually get some really good deals buying them in bulk. These items are not likely to deteriorate before you can use them – especially products like paper products and batteries – and many people use them in quantities large enough for the bulk purchase discount to pay. to achieve real savings.
However, Ramsey also warned that when you go to a warehouse club to buy these items, you should make sure you don’t get tempted into other purchases that might not be as good a deal. “Try to resist the temptation to stock up to avoid a round trip, or the (not real) pressure to do all your shopping at the warehouse in order to ‘get your money’s worth’ from your membership” , said Ramsey.
Is Ramsey right?
Ramsey is correct that you can often get great prices on these nine items if you buy them in bulk at Sam’s or Costco.
Of course, you want to make sure these are actually cheaper at your warehouse club than at the grocery store or drugstore, especially during sales. There are a lot of regional variations in prices and deals available, and sometimes you might be able to get a better deal if you shop an in-store sale at a grocery store or drugstore. This is especially true if you are able to combine a manufacturer coupon with an in-store offer.
The best way to decide what you should buy from Sam’s or Costco is to consider the items you use in your home and the quantities in which you use them. First, make sure you’re actually going to use the item before it goes bad. If not, you definitely shouldn’t buy it in bulk unless you team up to buy it and share it with friends or family. Once you’ve decided it might be a good idea to buy in bulk, check Sam’s or Costco’s price against sales flyers in your area to see which place really has the best deal.
Ultimately, Ramsey’s list has some good suggestions for items you’re likely to get a good deal on buying in bulk, but it’s up to you to do the work to make sure those items are actually good deals for you.
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