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Published May 26th 2019
To be or not to be a Costco member
This is an ongoing debate. So here's my two bits' worth. Costco has two types of memberships; individual and business. We, the people, come under the first usually. And that costs $60 a year. Which means you've paid them $60 even before you've grabbed a trolley. This is how I see it. Sixty dollars a year works out to five dollars a month. Again, the $60 membership includes two people from the same household as you get two cards for that price. So that breaks down to $30 per person, which sweetens it up a little bit more, for now, it's $2.50 a month per person. See where I'm going with this?
Let me tell you how it worked out for me last month. Members get emails with the latest discounts. Last month I got $5 off iTunes card, another $5 off a large pack of Commando hooks. I needed those and so was thrilled to bits to get $5 off just like that. So I've already got $10 off my membership price. I wouldn't have got this discount if I hadn't been a member in the first place.
Besides the occasional lucky breaks with the coupons, there are also savings to be made when you buy things in bulk. Now, this can work both ways. I find it a good idea to buy loo paper, kitchen towels, tea bags, rice, pasta sauce, coconut oil, olive oil, and a few more things that we use regularly.
But fresh food, produce, dried fruits, nuts, spices, coffee, etc., I'd rather buy more frequently than let them sit in storage. I find it takes up all the storage space and sits there looking tired. I suppose it'd be a good idea to have your regular shopping and then a Costco shopping for those things you can store.
And then, let's not forget Costco petrol. It really works out to be cheap, generally speaking. There was the one time, however, when my friendly neighbourhood Seven Eleven petrol was going for a few cents cheaper according to my petrol app. But I don't think that's a regular event. Ultimately, it works out best for you if you're not too far from Costco. if you have to drive twenty kilometres or more to get here, then it's really a hassle to save a few dollars. But if you're in the vicinity and can easily fit Costco into your weekly or monthly routine, you have a winner.
If you have a large family or are part of a large group of friends sharing grocery shopping, Costco shopping makes sense. Otherwise, it's like you just need to shop once a year and you're good till the same time next year. Now that's something of a fun sucker for folks like me who like to wander around and pick up a little bit of this and that on a weekly basis if not sooner.
As you near the exit, you'll find the admin counter which is where you can sign up for a membership. They let you in through here if you say you're there for the membership. You need to have your id handy. A Costco Goldstar membership costs $60 and this is meant for individual use. You can sign up here. The other is a business membership meant for businesses and enterprises. The Costco membership is valid worldwide. One membership comes with two cards that another member of the same family can use. It is imperative that both people share the same address. If you happen to forget to bring your membership card, they'll give you a printout which will see you through. And that's all there is to that.
You mentioned that you wouldn’t get the discount if you weren’t a member. I would like to draw your attention to the fact that you can’t shop there if you’re not a member. They won’t let you in the door if you don’t have membership or are with someone who has a membership. But then only the person with the membership can purchase anything. Their false discount advertising got you.
I joined up with Cosco but found it not worth shopping there at all for me. I think the $60.00 membership fee is definitely not a saving, the petrol queues are ridiculous and not worth the effort. The location is not convenient for me there are some bargains but you woluld have to buy and spend a lot to make up for the $60.00 membership fee. The other supermarkets sales can actually be cheaper and don't demand a membership fee.
I shop regularly at Costco and agree that the petrol queues can be ridiculous, but that is usually on Friday, Saturday and Sunday. They are open until 8:30pm weeknights, so I go after work. Less people, easier to move around. You didn't mention the catering :) Many a party / gathering has been catered with their sandwiches, cakes, platters, pizza and their amazing roast chickens! Well worth the $60 for me. It will be interesting to see what happens when Kaufland gets here too. It's great to have more choices, rather than the duopoly of Coles and Woolworths.