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The Best and Worst Bargains at Costco

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1 Don’t Buy: Kirkland Laundry Detergent

It would seem logical to think that buying detergent in bulk is a good idea. Yes, you will definitely save some money buying this bargain brand in bulk.

costco.com

But it might surprise you to learn that detergent has a shelf life. Experts say after six months of being opened, detergent begins to lose its effectiveness.  So unless you have a large and very messy family, you’re probably better off skipping this purchase.

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Financial Tip

Did you know that the majority of the population would be able to save much more money every month than they think? When you think about all the non-essential things you buy, it’s pretty easy to believe! According to the long-proven 50/30/20 rule, you should set aside:

  • 50% of your budget for essential expenses such as housing and food;
  • 30%—maximum!—for non-essential spending;
  • At least 20% of your income should be put into savings.

When you think about it, it’s a pretty logical way to manage your finances. Unfortunately, too few people take the time to make a detailed budget and think about it. With our best saving tips article, though, you will be able to get to your goal quickly and, who knows, maybe you’ll have a little more leeway for your non-essential spending!