How to Shop Like a Billionaire Using Package Forwarding
What would you do with $100,000? That was one of the questions Forbes magazine asked the billionaire entrepreneur Mark Cuban in an interview last year. Cuban’s answer?
“I look at my annual budgets for everything and anything, and I look to see where I can save the most money on those items. Saving 30% to 50% buying in bulk–replenishable items from toothpaste to soup, or whatever I use a lot of–is the best guaranteed return on investment you can get anywhere.”
Now, Mark Cuban is a self-made billionaire and the owner of a professional basketball team. A lot of people are probably thinking, why would a billionaire need to save money on toothpaste and soup by buying in bulk?
But that’s exactly the point–Cuban didn’t make his money by spending carelessly. He made it by shopping smartly and saving money anywhere he could.
Buying in Bulk Using Package Forwarding
The great thing is, you don’t have to be super rich to save money with this billion-dollar shopping strategy. You can use your package forwarding address to take Cuban’s advice and buy in bulk from USA stores, saving 30% to 50% on staple items.
Toothpaste and soup are great starters, but you don’t have to stop there! There are a ton of great items you can buy in bulk to save money. US News & World Report suggests office supplies and vitamins. MSN Money recommends pet food and toothbrushes (to go with your toothpaste ;).
Buying in Bulk With International Shipping
Typically, American warehouse stores like Costco and Sam’s Club require you to drive to massive, labyrinthine locations and wander through a maze of items if you want to buy in bulk. But you can use your package forwarding address to buy in bulk online, and ship your items internationally.
Websites like BuyTheCase.net and DollarDays offer wholesale pricing when you buy in bulk, and will ship your US package forwarding address. All you have to do is forward your items internationally to save yourself up to 50%. You’re on your way to becoming a billionaire!
Buying in Bulk, Tax-Free!
The same smart shopping philosophy behind buying in bulk applies to tax-free shopping. Why save up to 50% on a case of toothpaste, but then have to pay an extra 7% to 10% in sales tax?
If you have a package forwarding address in Oregon, you’ll be able to save that extra sales tax percentage. Even US residents can use package forwarding to buy in bulk and save on sales tax. Just use your package forwarding address to order online, then forward your order to your home state, tax-free.
How Will You Make Your Billions?
Toothpaste and soap are good starts, but what other items do you buy regularly that you could buy in bulk? Foods? Toiletries? Cleaning supplies? Share your billionaire-shopping tips in the comments section below.