Engineer Your Finances

A Systematic Approach To Money

  • About Us
    • Disclosure
    • Privacy Policy
  • Contact Us
  • Toolkit
  • Security
    • Credit & Debt
    • Banking & Saving
    • Psychology
    • Other
    • Optimization
    • Education
  • Self Discipline
  • Improve Returns

Shopping Secrets = Savings

Share

You only have to visit the petrol station and the supermarket to realise that the cost of living is rising. Everyone is feeling the crunch and we are all looking for smart ways to shop.

Even credit card companies are getting in on the act, offering balance transfer incentives, so always be on the look out for deals

When arranging a balance transfer, look out for arrangement fees as well as the promotional period. Check your credit card or loan and make sure you are getting the best interest rate. If not, make the change.

Good offers on balance transfer are coming up all the time. Make sure you keep your eye open and at the end of any existing promotional period, shop around again to make sure you are still getting the best deal.

Many people believe they are saving money when they shop in the sales. Beware of this trap. You are only saving money if the purchase was planned and is for an item that you need.

Buying something that you happened to see in the sale and liked, does not constitute a saving.

Speak to the sales assistants. The recession means that stores are vying for our custom and, depending on the product, you may be able to negotiate a deal.

If you spot an item of clothing that you like and the sales are coming up, check the laundry label. A red or black ink spot indicates that it is likely earmarked for reduction in the forthcoming sale. So why not see if you can save a few pounds by delaying the purchase.

Buying in bulk can save you money, so look for offers such as buy one get one free. However, don’t always assume that bulk is better. Be sure to check the unit cost to ensure you are getting the best deal.

Bulk buying items that, deep down, you know will not get used is also a bit of a pitfall. Remember, it is only a bargain if you need and use the product. Check the sell by and use by dates if applicable and be honest with yourself.

Some people believe that sticking rigidly to a shopping list will save them money. This is only half true and a little flexibility can save you a small fortune.

Whilst it is a good idea to know what you are visiting the supermarket for, be on the look out for offers and take advantage of them.

Brand loyalty is another way in which we often spend more than we need to. True, branded products offer reassurance and a comfort that we buying a quality product, however they are often priced accordingly.

These days many store own brands are practically indistinguishable from the big brand names so you won’t feel that you’re missing out. Some stores offer money back guarantees, so what have you got to lose?

This tip is so simple but it has to be said, shop around. There can be nothing worse than finding out you paid over the odds for something. Use the internet, call around to check prices and see what is on offer.

The best advice for saving money comes down to this, have a household budget for items like food and fuel and stick to it.

Comments

  1. krantcents says

    June 13, 2011 at 11:36 AM

    The Internet is really good for checking prices! The shopping bots can find anything in seconds. Then you can decide if it is worthwhile to purchase or not.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FOLLOW US

Join Our Newsletter
  Thank you for Signing Up
Please correct the marked field(s) below.

1,true,6,Contact Email,21,false,1,First Name,21,false,1,Last Name,2





Our Favorite Posts

  • How Much Interest Does 1 Million Dollars Earn Per Year? by Trey LaRocca
  • 3-Month Performance Review by Fin Engr
  • Rooting Out The Devil: Kathy Kristof Interview by Fin Engr
  • Money Hackers Carnival #117: Wedding & Marriage Edition by Fin Engr
  • Interview: What’s it all about? More than Money! (Part I) by Fin Engr
  • How to Compare Rates for Mortgage Refinancing by Fin Engr
  • Want To Erase Bad Credit Instantly? 6 Hacks That Work Fast by Trey LaRocca
  • FinEngr Joins The Million Dollar Club by Fin Engr

Blogroll

  • Blonde and Balanced
  • Budget and the Bees
  • Cash Cow Couple
  • Cash the Checks
  • Clever Dude
  • Dinks Finance
  • Enemy of Debt
  • Get Rich Slowly

Categories

Our Friends



Great Investing, Simplified: Get Stock Advisor for Just $99/year!

Need to find a loan? Got a Car? Compare title loan offers near me and get the best rate.

private real estate investors

Order custom essay from professional essay writers.

Visit 123 Term Papers and you’ll receive help from the qualified writers.

Thesis writing help for all the students!


Deprecated: genesis_footer_creds_text is deprecated since version 3.1.0! Use genesis_pre_get_option_footer_text instead. This filter is no longer supported. You can now modify your footer text using the Theme Settings. in /home/engine16/public_html/wp-includes/functions.php on line 5234

Copyright © 2021 · Runway Pro on Genesis Framework