Went for a visit to Costco today. Keep hearing my friends rave about the savings and the choices so I thought I’d best check it out. Hadn’t been for many years and I’m glad I did.
But some things are just too big to buy no matter how big your household or your business. Take this bottle of hazelnut spread for example. It’s the size of a small child. Unless you’re in the business of re-packaging hazelnut spread and selling it in smaller jars for a mark up, I don’t see how it can be value for your dollar. But it looks impressive.
Other items seem well worth the price but only if you can use it all and have space to store it (which I don’t).
What struck me was the sheer size of everything. Like a giant super sized market. We seem to attach value to size. The carts are bigger, the ceilings are higher, the shelves are taller – interesting to know what the psychology of that retail experience is – regardless, it must work. There always seems to be a giant traffic jam in the parking lot.
Buy only inconvenient food
You know, like flour and butter and eggs and oil and veg and fruit and milk and cheese – the ingredients you need to make your own meal.
Just for fun, I took a few pics of some convenience foods whose price points defy logic – except for their convenience factor.
Naan bread. 2 pieces. $3.09. I could make you a dozen pieces for less than $3.09.
Shake and bake. Like two pieces of old dried bread zapped into crumbs with a bit of spice. $2.99 – would you pay $2.99 for two pieces of old bread?
I hope not.
Most of what sells at grocery stores is convenience, not ingredients. To get the best value for your food budget, buy what’s inconvenient and keep the money spent on packaging, marketing, shipping and display instead.
I have cut my grocery bill in half. And my pantry is better stocked than it’s ever been. And that’s money I can use to pay down my existing debt while being sure not to accumulate any more by spending more than I need on food that’s convenient, not cost effective.
Debt’s not convenient either – but convenience foods makes it worse. So go for inconvenience whenever you can.