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WSJ Your Money Briefing

Gen Z’s Hack to Save Money on Groceries

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 8 July 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

More Gen Z consumers are bulk grocery-shopping in groups at Costco and Sam’s Club to ease the pain of rising food prices. Wall Street Journal reporter Margot Amouyal joins host J.R. Whalen to discuss. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Tn B. Tech Minute gives you the day's top tech headlines, from the big names in Silicon Valley to the

0:05.9

halls of power. If it's making news in tech, we've got it. Check out Tn B. Tech Minute in the

0:11.4

tech news briefing feed from the Wall Street Journal.

0:18.0

Here's your money briefing for Monday July 8th.

0:21.0

I'm J.R. W Wayland for the Wall Street Journal. To stay ahead of rising food

0:27.9

prices, many families buy groceries in bulk at stores like Costco and Sam's Club.

0:34.0

But some younger consumers are joining forces

0:36.4

with their friends, roommates, even their neighbors

0:39.4

to stretch their dollars.

0:41.2

One of the roommates I spoke to said that he spends $6 a week on groceries and he

0:45.1

estimates the system is saving him $20 per week. It really depends on one's

0:50.4

preferences and making sure the items that you're splitting with whether it be

0:53.6

chicken or massive boxes of mac and cheese are things that the people that you're

0:57.7

splitting with are also going to enjoy. We'll talk to Wall Street Journal reporter

1:01.2

Margo Amuol, after the break.

1:03.4

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1:06.4

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1:13.5

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1:15.3

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1:16.8

to do generative AI right.

1:19.0

Elastic search AI helps them make insightful

1:21.8

and impactful decisions at speed.

...

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