Definition

Purchasing multiple gifts at once, often at a discount. Useful for events like holidays or birthdays where you have many people to shop for.

What to consider

  • Plan your bulk shopping during sales to maximize savings.
  • It can help streamline holiday or birthday gift buying.
  • Think about storage and how to evenly distribute costs.

Real world scenarios

  • Sydney buys holiday gifts in advance at a wholesale store, saving on each item compared to buying them separately.
  • Damon stocks up on birthday gifts during a big sale, using the extras for future occasions throughout the year.
  • Mary organizes a family gift exchange and bulk-buys scented candles at a discount, staying under budget for the season.

Related terms

Budgeting & Spending