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Buying in Bulk Getting the most for my money!
Buying in bulk can often save
you money. There are some things you need to keep in mind when you decide to
buy in bulk.
The following check list will help you decide when to buy in
bulk.
- Do I have a place to store the items I want to buy? ____
- Will I have enough money to buy the other items I need right
away? ____
- Will the bulk item spoil before I use it all? ___
- Is it something I use a lot? ___
- Will I use more of it than I need simply because I have it
on hand? ___
- Exactly how much money will I save by buying in bulk?
___
- Is this item likely to go on sale in the near future? ____
The following math problems deal with buying it bulk.
Completing the problems will help you decide whether or not there are
considerable savings.
- Mary was doing her weekly grocery shopping. Her kids love
peanut butter
sandwiches. This week the regular size crock
(500ml) was on sale for $3.49. Mary uses a regular size crock every week. Her
husband got his moose last week and she doesn't have to buy any meat. On the
same shelf she saw the large two litre jar (2000ml) priced at $9.99. She
realized that was four times bigger than the small jar.
How much will she save by buying the large jar?
_____________________________
List two reasons it might be wise for Mary to buy the
larger jar.
- Jack was making his regular Saturday morning trip to
Canadian Tire. He often gets good deals when he buys the specials. Motor oil
was on sale for 99 cents a litre. It was a brand he had not seen before. Jack
usually puts a litre of oil in his truck once a month. Last week he had an oil
change. The large four litre container of oil he usually buys was priced at
$4.19. Jack wondered if he should buy four one litre containers of oil because
they were on special.
How much will Jack save by buying the oil which is on
special? _____________________
Do you think the savings is worth it. What things should
Jack consider before making his final choice?
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