Time to join a food co-op?

The idea of a food co-op conjures images of earthy crunchy people people in Birkenstocks but, with commodity costs soaring and cereal boxes shrinking, it might be time to look anew.

Co-ops are owned and operated by their members who pay an initiation fee and agree to work at the store a few hours a week. In exchange, they're able to buy groceries -- often all-natural or organic ones -- at a substantial discount to what they'd pay in a conventional supermarket, with mark-ups over wholesale around 50% less than other stores. If you're interested, us this directory to find a coop in your area.

Before you take the plunge, remember to take into account the value of your time. Working at a grocery store for a few hours a month, attending meetings and having to do your shopping at one location to reap the benefits may not worth it -- you might better off sucking it up, paying retail, and working more at your higher-paying job.

Read Full Story

Markets

DJIA 21,674.51 -76.22 -0.35%
NASDAQ 6,216.53 -5.39 -0.09%
S&P 500 2,425.55 -4.46 -0.18%
NIKKEI 225 19,393.13 -77.28 -0.40%
HANG SENG 27,154.68 107.11 0.40%
DAX 12,104.98 -60.21 -0.49%
USD (per EUR) 1.18 0.00 0.21%
USD (per CHF) 0.96 0.00 -0.06%
JPY (per USD) 108.94 -0.38 -0.35%
GBP (per USD) 1.29 0.00 0.16%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.