Free market capitalism allows us to choose from a variety of products from a variety of stores at a variety of prices. It does not require specialized training in order to save a few more bucks during your shopping. In this article, I am going to give you 5 money saving shopping tips. There are a lot of cool stuff to buy just waiting to be discovered. Enjoy!
1. Go to the mall as the last option.
Before you go online shopping for awesome stuff to buy, make sure that you exhaust all the other options you have of easily obtaining the product you need. There are other ways which you can get the item you are looking for. You can buy discounted products online, garage sales or even participate on second hand item trading from community ad sites like Craigslist and Kijiji.
2. Negotiate when possible.
Though some sellers have set their prices like stone and it is a waste of time bargaining, when there is a room to wiggle a little slash out of the bargain, dont hesitate go for it. While it is a waste of time negotiating in a supermarket, it is possible to haggle in retail stores.
Look for a very opportunity to bargain. If the item is damaged a little, the store may be willing to lower the price a little to cover the blemish.
If you are purchasing from a private party, then it is normal to bargain. Never purchasing anything from a private store on the sticker price.
3: Time Your Purchase
Always time your purchases. If you wait until the last minute to purchase an item, you will have to pay on the marked price. But with little planning, you can save a lot of money.
If you want to buy an electronic, wait until it has been introduced into the market and the hype has reduced. A sale will emerge immediately a new model is launched. Waiting also lets forces of demand and supply come to your rescue. The price will drop when supply exceeds demand.
Hunt for coupons. Combining sales with coupons will dramatically increase your savings. The best place to hunt for coupons is the internet. Coupons are the biggest way to save money when shopping online.
4. Look for alternatives.
It is wise to look for alternatives and substitutes when shopping. If the item you are looking for does not fit your budget, it is good to for a cheaper alternative.
It is a bad idea to purchase an item from the first store you see it. Chances of finding the same item being sold at a cheaper price in a different store are very high.
Take your time and visit different stores. Also think about purchasing similar but cheaper alternatives of the product you are looking for.
Avoid making purchases from your favorite store, weather online or brick and mortar. Look for private sellers, look for different stores and if possible, buy items on bulk.
When going shopping, ensure that you carry only the money you need and stick to your budget. Look at prices from different stores before making a purchase. Always remember to negotiate where possible. Although the ideas on these article seem frugal to some of us, they will go a long way in helping you make big savings without making huge sacrifices.