4 Costco shopping tips to try in 2023

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All of this could save you a lot of money.


Key points

  • We may not be done with runaway inflation next year.
  • The right Costco strategies could result in significant savings at a time when it matters.
  • Stock up on gas when you visit Costco, consider buying discounted gift cards, and be sure to check the deals book for potential savings.

Inflation has upended many people’s finances over the past year and changed. And unfortunately, it has the potential to continue hurting consumers in 2023 – even as the Federal Reserve has aggressively raised interest rates in an effort to curb inflation.

That’s the bad news. The good news, however, is that making regular purchases at Costco could help you better manage your expenses — and lower your credit card bill while feeling family and maintaining your household. If you want to enjoy even more savings at Costco in the new year, here are some tips you can try.

1. Stay true to the Kirkland brand

It makes no sense to be a follower of brand names at a store like Costco. Not only is Costco’s iconic Kirkland brand perfectly high quality, but in fact, it’s very common for companies you’ve heard of to sell products under the Kirkland brand. Plus, Kirkland products tend to be available at a particularly competitive price, so if you do your best to favor them, you could save a lot.

Costco gas stations tend to offer deeply discounted fuel, but it won’t do you much good if you show up to Costco with a full tank. However, if you manage to time your purchases strategically, you can take advantage of these lower gas prices and tick several errands off your list in one stop.

3. Stock up on discounted gift cards

Buying gift cards to use on your own or to give as gifts makes sense at Costco. The reason? These gift cards are often significantly discounted. In a regular supermarket, a $50 gift card for a restaurant chain will usually cost you $50. At Costco, it may only cost you $35 or $40.

4. Check the deal book before shopping

Each month, Costco publishes a list of deals available online and in-store. It pays to read these deals and stock up on items you use regularly that don’t have an expiration date – think paper towels, tissues and napkins that will still be perfectly usable a year from now. .

Best of all, unlike other retailers, Costco doesn’t require customers to cut or remember coupons. If you’re a Costco member and there’s a $5 coupon available for a given item, you’ll get that discount if you buy it at the right time — that’s all there is to it.

Save more in 2023

We don’t know what 2023 has in store for us in terms of inflation. But we know the cost of living is on the rise right now, so any amount of savings you can make in the new year could go a long way. And if you approach your Costco shopping more strategically, you might find that you can save yourself a bundle — without having to skimp on the things you want to buy.

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