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Comments
VIP is a good approach for the "big" LEGO sets. Twice a year LEGO offers "double VIP" points, which is when you want to focus your purchases. Also a good place for the TRU exclusive sets -- they are almost always marked up at TRU, and even if you manage to find a coupon or sale that applies to LEGO (esp. Star Wars LEGO), you'll be better off at the LEGO store.
For other LEGO sets, you should check Walmart, Target, Amazon, etc. They often have sales that exceed the relative 5% VIP "discount."
This is my take if you're just looking for personal consumption. Hardcore resellers may have a different theory.
"I'm saving them until I can get a modular or insert big set name here ______ for free."
This goal will be realized in the very near future...in about 2 weeks when I pick up a Haunted House...for FREE!
To fill out your W4 to avoid having to pay taxes at tax time is one thing. To fill it out on purpose to get money back later is quite another, which I was referring to. And what is a worse way to save? lol
Anyway, the point I was making was using your points as you go is the best use of money (save double points time). Said that in response to the post that he "couldn't believe he was using them as he went". I'm in business, so I always look things from the perspective of the best use of money/time.
Ditto on VIP points, if someone is having a hard time saving up $200 for a modular, then so be it.
Of course, if someone can't save up $200 for a modular, I would question if that is what they should be spending their money on.
Reminds me of the advice Warren Buffet once gave when asked how best a small investor could put $1,000 to work for them, stocks or bonds or what.
His reply? Buy bulk non-perishable food when it is on sale and store it for use when it is not on sale. That is really the best "return on investment" for someone with $1,000 to invest, since it can be a 100% or more return on investment in less than a year vs. just buying food as consumed.
Wise man...
I admire what Buffet has done, loved reading the biographies, but its too bad he doesn't preach what he practiced to other people now.
@Drmnez
I lately have been holding off using my VIP points too but only for smaller exclusive sets when they pop up. Or I used them on sets I wouldn't typically buy due to low part count such as the minifigure re-packs. If your TRU carries the modular series, wait for their bogo 50% sales. Either you'll be twice as happy or the second will pay for the order.