×
Wednesday, April 24, 2024

4 Ways People Waste Money at Sam's Club - The Motley Fool

Key points

  • Sam's Club is a warehouse club offering items at discounted prices.
  • Many people waste money by buying in bulk and not using all of the products.
  • You could also waste money at Sam's Club if you use the wrong credit card.

Check out our pick for Best No Annual Fee Credit Card of 2023

Shopping at Sam's Club is a great way to make sure your bank account doesn't take a big hit when you buy household items or personal care items.

As most people know, Sam's is a members-only warehouse club that offers great discounts on many products. So, whether you're trying to stay out of credit card debt or accomplish other financial goals by spending less, it can be worth shopping there.

However, while Sam's provides the opportunity to save, not everyone ends up better off financially by being a member. In fact, there are four common ways that people could find themselves wasting money with their warehouse club purchases. Here's how.

1. Buying items they won't finish

One of the biggest ways people waste money at Sam's Club is by buying bulk items they will not finish before they go bad.

One big reason Sam's saves people money is by providing large quantities of items at low prices. For example, you can buy a bag of 48 string cheeses for just $9.74 which comes out to $0.20 per item. That's a great price, coming in at around half of what you'd pay elsewhere.

The only problem is, that's a lot of cheese to eat and it's very possible you might not be able to devour 48 of those things...



Read Full Story: https://news.google.com/rss/articles/CBMiYWh0dHBzOi8vd3d3LmZvb2wuY29tL3RoZS1h...