100 Words On: Why Buying in Bulk Is Not Always a Smart Idea

Although it requires extra storage and higher upfront costs, many consumers buy their groceries and other products in bulk to save money. But that strategy can quickly backfire for those who indiscriminately buy massive quantities of infrequently-used goods — no matter how good the deal. Consumer Reports found that larger packages were more expensive about 25 percent of the time. Bulk purchases will end up costing more too if you fail to use them before they spoil or go stale.

The bottom line: Unless you’re buying in bulk to save money on things you use frequently, you probably aren’t saving money at all.

Photo Credit: greenwenvy08

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