The fact of the matter is that it costs you more money to save money at places like Costco and Sam’s Club.

All of the people that think they’re “saving” money by visiting these stores are about 50% correct. Here’s the damn problem: Wal-Monster is all these people have left.

Why MoneyKing?

If they quit shopping at Costco and Sam’s, what’s their most likely alternative:

1. Goodwill stores
2. Dollar Stores
3. K-Mart
4. IKEA
5. ALDI

If you had to bet your left arm, however, on which of the aforementioned stores you’d run into before running into a Wal-Monster, you’d probably just run away from the whole bet altogether.

So, the choices are limited. We know this. We know that Wal-Monster beating estimates each quarter probably isn’t a good thing since it means that more people are scraping from the easiest and most basic source for sustenance.

What gets MoneyKing is all this news about Costco. Wal-Monster is Sam’s Club, so you never really hear news about Sam’s sales.

The mainstream media, on the other hand, is enamored with Costco as a bargain outlet.

Intellectually speaking, it is. You can save more money shopping at Costco and Sam’s than you can at many other stores.

The problem, however, is the intellect part of the equation. If any lesson has been learned during this whole economic situation, it should be that people need to be educated about money. People are not inherently logical when it comes to spending and saving.

Here’s the key to saving money at Costco and Sam’s Club:

You have to buy in bulk AT THE SAME TIME as consuming the same amount of any purchased resource.

This is the problem. People buy more and then USE MORE. This, then, costs more money and defeats the whole purpose of going to a place like Costco. People don’t think ahead in this country. People don’t plan for the next week. So, you’re going to convince MoneyKing that people are going to by X+1 of anything at a lower cost under the mentality of only using X amount of what they bought at a price they already believe (or know) is cheaper? PLEASE!

If you can’t temper your desires enough to avoid over consumption, then cut up your Costco and Sam’s cards. It’s just that simple. You’re already spending too much.

Time to run to Wal-Monster! Buy less. Use less. Spend just a tiny bit more for that can of green beans.

Good luck out there.

–MoneyKing