They’re big, they’re filled with temptation and millions of people shell out fifty bucks a year on average to be card-carrying members of the big three warehouse clubs: Costco, Sam’s Club and BJ’s.
While the whole idea is to save money by shopping at a warehouse club, membership alone does not guarantee that will be the result. In fact, just the opposite is as likely to happen, where members end up spending far more than they imaged they would because they just don’t how to make a club work for them.
As a long-time warehouse club member, it’s taken years for me to really figure out how to win the warehouse club game.
KNOW BEFORE YOU GO. It is really dangerous to your wealth to cruise into the club without a clear idea what you are going to buy. The way to know before you go is with a written shopping list. If you need it, you know it before you arrive. If you discover things you need that are not on your list, make a second list—things you will buy on your next trip to this club. Make sure to check the monthly ads for your specific membership club for items with instant savings or discounts. Read more