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Buying Wholesale: The Advantages & Benefits for Your Wallet

Sep 9, 2020

The Advantages & Benefits for Your Wallet There are many benefits of buying groceries, toiletries, and cleaning products in bulk at wholesale stores like Costco, Walmart, Sam’s Club, BJ’s, and more—especially if you’re feeding a family. Buying in bulk can help you purchase your groceries strategically and can even inspire you to meal prep for your family without blowing your budget.

Below, we’ve listed the top four benefits of buying wholesale:

You’ll save both money and time.

Buying in bulk is overall cheaper than buying retail because you’re buying directly from the wholesaler, so you’re not paying for extra fees to support retailers or the cost of excess packaging, which lowers the overall price.

Also, since you’ll be stocking your pantry with larger quantities of food, you won’t have to take as many trips to the grocery store during the week, so you won’t end up impulsively buying items you don’t really need. And if the savings on unnecessary food aren’t enough, fewer trips to the store means less time in the car and less money spent on gas—it’s a win-win-win!

It’s better for the environment.

At wholesale stores, items are packaged together in groups rather than individually; for example, you’d purchase one big back of snacks versus a dozen smaller-portioned bags. Purchasing items in this way means you’re consuming less single-use plastic and packaging waste, therefore reducing your carbon footprint.

If you don’t want to open a big bag of snacks because you don’t think you’ll finish it before it goes stale, you can still portion it out using reusable containers like Tupperware or reusable silicone baggies. Food like nuts and seeds often do not come pre-packaged when shopping wholesale, which means you can mix five types of nuts to make trail mix and only use one container to store it; that’s four plastic containers that you’re not using, which is great for the environment!

It’s important to be conscious of what items you are buying in bulk in order to minimize food waste, as large quantities of fresh produce, proteins, and dairy can go bad if you don’t eat it quickly enough. If you do buy too much, consider donating unopened food to your local shelter or offering it to friends or family members before it spoils.

You’ll be able to choose from a wider variety of products.

Shopping wholesale offers you flexibility and variety that your local corner market may not, as there are what feels like an endless number of aisles stocked with a variety of products offered at many different price points.

You also have the freedom to buy a pinch or a pound of food, depending on your needs, as foods like nuts, seeds, candies, and more are available in dispensers rather than packages. This is extremely cost-effective, as you are only paying for the amount of food you want, rather than purchasing individual bags only to eat a handful from each.

It’ll make you a more conscious shopper.

Switching from retail to wholesale will prompt you to reflect on how much of something you actually need and how much material or food waste you would produce if you purchased it. This mindset will subconsciously seep into other areas of your life aside from grocery shopping, and it will help you reevaluate whether or not you actually need something or if you can look for a more sustainable version of the product.

For those who feel like they’re always running to the grocery store to buy more of something or whose pantries are overflowing with half-empty products they don’t need, look into getting a membership to shop at a wholesale store. Buying in bulk is better for the environment, your pantry, and your wallet—give it a try!

erin_elis

Erin Ellis
Accredited Financial Counselor
Philadelphia Federal Credit Union
eellis@pfcu.com

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