As most of you already know, SAM'S CLUB is not just a wholesale operation (as opposed to retail) but it was originally designed to be a warehouse for WALMARTS.
Let's make the assumption that a typical membership to SAM'S costs $100 and that membership saves you about 5% of whatever you spend. So, if you spent $100 each visit, you would save $5... Therefore, you would need to visit 20 times each year, spending no less than $100 just to break even with your membership fees.
HOWEVER... we are not taking into the consideration the gas you spend to drive over there and back and the wear and tear on your vehicle. The IRS estimates this to be about $0.25/mile or that's the figure they used to use, it may have increased since I last used it.
ALSO... we are not taking into consideration the fact that many items purchased at SAM'S are actually less that what you might be paying at WALMART... GO FIGURE? On the other side of the coin, some items are SAM'S are actually more than what you might pay at WALMART.
FOR MANY OF US... the idea of buying at SAM'S, COSTCO, or BJ's is that one can buy in BULK...
For instance, we buy these items in bulk:
- Raisin Bran
- Toilet Tissue
- Paper Towels
- Coffee Pods
- Olive Oil
- Kleenex
- Ketchup
- Honey Mustard Salad Dressing
- Frozen Salmon
So, they are less than at WALMART, plus the 5% savings on our purchases...
While we are there, we get an all beef hotdog, bun, condiments, and a 24oz drink for less than a $1.50
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