Is Joining A Warehouse Club Worth the Money?

Whether you want to stop living paycheck to paycheck, build up reserves in your emergency fund, or max out your 401k contributions, you need to save money to focus on your financial goals.

With the average price of food rising about 2% over the last year and understanding that grocery and household purchases are a growing part of your budget, you’re wondering whether joining a warehouse club is worth the money.

Why Warehouse Clubs?

In the late 1970s and early 1980s, warehouse clubs became popular all over America. The notion people could join an “exclusive” club offering groceries and consumers goods at significant discounts had great appeal to baby boomers raising families during a challenging economic time.

Fast forward to 2019, and some of the same warehouse chains still offer a wide range of goods. They now provide a variety of services too. The major warehouse clubs in the US are Costco, Sam’s Club, and BJ’s.

A Look Inside a Warehouse Club

Imagine walking into a large department store or your favorite major grocery store. Now, strip away the well-designed floor plans, strolling customer service reps, and seasonal décor.