5 Reasons Seniors Should Sign Up for a Sam’s Club Membership
Warehouse clubs are becoming increasingly popular as shoppers look for ways to spend less. With the prices of groceries and necessities rising, striking a deal on a bulk purchase can feel like a win. However, if you want to shop at Costco or Sam’s Club, you’ll need a membership.
Seniors can also enjoy the benefits of a Sam’s Club membership. Here are a few reasons why senior shoppers might consider adding a Sam’s Club card to their wallets.
1. Reduce prescription drug costs
All Sam’s Club members can enjoy discounted prescription drug prices. Generic medications start at $4, and discounts are also available on brand name medications.
Although you can’t combine health insurance or a discount card with your Sam’s Club prescription savings, some older shoppers may find that they can keep more money in their checking account by filling their prescriptions at their local Sam’s Club pharmacy. If you’re wondering if you could save money by becoming a member, contact your local club to learn more about prescription drug prices.
2. Get more fixed income
Another reason older shoppers can benefit from a Sam’s Club membership is that they get more bang for their buck when it comes to groceries and household items.
Many seniors live on fixed incomes, so they need to keep their budget in mind when shopping. If you have space to store bulk items and live near a Sam’s Club, the annual fee may be worth it because of the savings you can save by shopping here.
3. Reduce travel costs
Retirees can save on travel costs with Sam’s Club benefits. If you’re spending your retirement traveling domestically or internationally, a membership can help you expand your vacation budget even further. Use your membership benefits to get discounts on hotels, rental cars, attractions, amusement parks, and more.
4. Get a deal on medical bills
Sam’s Club members can also save on important medical expenses. You can book a free hearing test and purchase hearing aids and accessories at your local club. Seniors can also take advantage of Sam’s Club membership benefits to get discounts on prescription glasses and frames. Likewise, a Sam’s Club membership card is useful for seniors who want to save on medical expenses.
5. Save time and money with prepared meals
Sam’s Club sells prepared meals at low prices. Although these dishes are sold by families, they can benefit many older people. Instead of spending time cooking multiple meals a week, you can use these meals as a convenient meal prep solution.
You can buy one or two meals a week and spread them out over several meals. This can help you save money on food and reduce the time you spend cooking.
If you’re a senior trying to decide whether to invest in a Sam’s Club membership, consider your needs and shopping habits first. If there is a club near you and you have space at home to store bulk items and other necessities, consider joining.
Before signing up, make sure you can afford the $50 to $110 annual membership cost. Unfortunately, Sam’s Club does not offer discounted memberships for seniors. However, Warehouse Club frequently offers member special prices for new members. So find a deal before signing up to avoid overpaying. Check out our personal finance resources for additional tips.
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