We all want delicious and healthy meals for our family but this can come with a high price tag. Luckily, it can be easy to significantly lower your grocery bill and save hundreds of dollars per year, just by purchasing in bulk.
By stocking up on items while they are on special, you can save a lot of money.
On most grocery items, it is cheaper to buy a larger quantity. For example, a 1 litre bottle of vinegar is cheaper than buying just 500 mls, or 3 kg of sugar can be cheaper than buying 1kg. This can be ideal if you have a large family and know the products will get used.
If items you use regularly go on sale, this is also a perfect time to stock up. Most goods like toiletries, tinned food, pasta, rice and legumes can be easily kept for a long time.
Recently a local market had an opening sale. They were selling 500 grams of pasta for 50c. In my house we eat pasta around once a week, so I bought several bags which will last us a good few months. Making this a great saving of around $4.00. This may seem like a paltry amount, but by practicing this regularly it can add up to great savings over the course of a year.
Another way to buy in bulk is from a specialized wholesale store like Costco or Cash and Carry. Some products can be greatly cheaper than supermarket items, especially large quantities which require less packaging. However this is not always the case, and some items will cost more than in a grocery store. Here is where it pays to plan ahead and do a careful price comparison to make sure you get the best deal.
You could even consider starting a co-op with friends of family and combining your money to buy in bulk and then divide the groceries equally.
I try to buy things in bulk when they are on a really good special, and I get kitchen roll, toothpaste and a couple of other items from cash and carry as the saving is quite significant. It's a different way of shopping, as you have to get your head around spending more to save, but it is worth it.