I love the thick sliced Wright's Maple Bacon at Sam's Club. Unfortunately, we are basically empty nesters while son #2 is away at college. I had to find a way to make a large package of bacon last for just the two of us.
Raw bacon only lasts about a week in the fridge, so it is best to cook it all at once. Once cooked, it will last 5-7 days in the fridge. You can freeze raw bacon, but I have found that after a few months, I have noticed a lack of flavor.
I have kept the original vacuumed sealed package of bacon in the freezer and cut the frozen package in half. I would cook up half and put the other half in the freezer. This worked okay, but I still had to thaw out the bacon and had more bacon on hand than I wanted.
This is what I do now: I cook up ALL the bacon (only one day of my house smelling like bacon!) using the method shown in this post. I have thought about cooking bacon in my oven, but the thought of grease spattering and burning in my oven and the smell getting into some of my baked goods (bacon infused sugar cookies, anyone?) just didn't seem right.
I put my cooked and cooled bacon in a freezer Ziploc baggie and toss it in the freezer. Now I can take out a slice or two at a time, wrap it in a paper napkin, zap it in the microwave for 20 seconds for a sandwich, breakfast, or cut it up for a salad or omelet.
Cooked bacon can last up to six weeks or more in the freezer. If you have a FoodSaver, you can make it last even longer, 3-4 months.
I love having cooked bacon, ready any time!
Source: About.com Home Cooking