I recently switched to Costco after using Sam’s club membership for 5 years and let me tell you, Costco is trap designed to make u spend more. I am spending twice as much with no apparent reason. I am buying stuff that otherwise I would never buy. It is common belief that you save money with Costco but that’s bullshit . Lot of products in Costco are 10-30% expensive and You end up buying stuff and quantities that you never would buy . I have seen people spending $500-700 just on one trip on groceries which is insane for family of 2-4 people. Switching from Costco can easily reduce you grocery bills by 20-50%. Plus Costco is always overcrowded hard to find parking with long lines at checkout. Membership is expensive and lot of brands are not top quality. #personalfinance TC - $255k
Don’t speak about Costco in that tone young man. There are starving people all over the world that wish they could have a 1.50 hot dog combo.
Typical Bay Area problem I guess
Starving people don't need a $1.5 hotdog. In the same amount of money, they can buy at least 1 day of groceries
You are supposed to comparison shop and just buy what you need.
That’s the whole point of discussion. This is not how human brain works unless you are struggling with your credit score .
It is how the brain works of people with self control.
Agree but you have been cast a spell which you cannot climb out of.
Costco is designed to get you to spend more. I don’t think products are more expensive, usually I have seen much better prices on the most common items.
We'd be paid better if you guys weren't getting the wholesale price
Too true, that's why I bounced
Nah I just get same 10 items after we run out.
What’s your list? Gas, toilet paper, paper towels, diapers(?)..
Laundry detergent , dishwashing pods, the drying sheets to add
Literally every business is designed to try to get their customers to spend more.
American economy LOVES to sell you perceived value all the time, and also LOVES tricks like “buy 10 and get 1 free” for things you only need like 2 a year and would cost you less to not get the “promotional value” of buying 11.
Technically that’s an investment, the dollar loses value by the day, but those 11 items?
I don't know what you're getting but I find Costco to be *significantly* cheaper than going to the grocery store as long as I can actually finish what I buy. Premium eggs and various nuts are at least 50% cheaper, veggies, fruit, fish etc also cheap *and* good quality.
Agreed!
50% cheaper is exaggeration. Unless u compare groceries from places like Target and whole foods. But whole point is it’s making u spend more so claiming that you are saving money doesn’t make any sense.
As a middle-aged family man, costco is my escape and guilty pleasure . It's the only place where I splurge my money. I don't have the time or money for anything else
True. Sometimes it gives delight .
*market researcher who invented a pastime you think you came up with on your own has entered the chat * 🤓
AMA
Yesterday
1120
PM Manager, early 40s, married and ENM (Ethical Non Monogamous) AMA
World Conflicts
8h
335
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
Tech Industry
Yesterday
3817
What happens when most of your team is Indian?
World Conflicts
6h
280
Why I Find Free Palestine Inspiring
Tech Industry
Yesterday
1174
Last good year to visit europe
Welcome to business school. Grab your business strategy and don’t forget to rub the nose on the statue of American capitalism on the way out