Where to Shop to Save Money?
1. Thrift Online shopping and Surplus Stores
You may not think much of thrift shops and surplus stores, but may be you are not aware that these places sell branded stuff for very cheap. In fact, these establishments are full of top quality goods. If you are used to the convenience of big stores, then you may find the going a bit tough in these establishments because of the effort involved in finding the right stuff you need. You may have to spend some extra time, but you do get the stuff you require at very cheap prices. The saving you make is worth all the trouble. If you are looking for some outstanding bargains, you are in for a surprise.
Look around for such a store and chances are that you will find one near your locality. If you do not know where to begin, take the help of an online search engine. Go through the list of thrift shops and surplus stores provided by the search engine. Most likely, you will find a store near your home. Can you imagine that you will find big labels going for as cheap as under $6.00 or under $20.00? Designer clothes, which you may only dream of owning, can be yours for next to nothing.
2. Clearance Sales
If you have the patience and time, then wait for clearance sales that are normally announced with much fanfare. Clearance sales are places where you can find great bargains. It is true that some times you do have to make that extra effort to find the goodies that you are looking for, but it is worth all your time and effort.
The savings that you make on such deals are fantastic. You come home satisfied on two accounts. One, that you got the stuff you wanted; two, you did not have to dig deep into your pocket. The money you save on such deals can go to your bank or help you buy goods you have been waiting to buy for long.
3. Reusable Goods
When you go shopping, be conscious of buying goods that can be reused over and over again. If you are looking for batteries for your radio or alarm clock, go for the rechargeable kind. They may cost you a bit extra initially, but the savings you make subsequently are substantial. Rechargeable batteries have a very long life and serve you for years together in comparison to ordinary batteries that have a life span of a few months only.
Christmas trees are another area where you can save heavily. Artificial Christmas trees do look real and have a long life. Apart from saving money, you will do a great service by helping a tree from being chopped down. Can you imagine the number of trees that can be saved every year?
4. Bulk Buying
You tend to save a lot if you go for buying in bulk. Shopping at warehouses or at wholesalers make you save money because they sell cheap on bulk. You can tie up with your family or friends and avail of reduced prices on bulk buying.
5. Use Coupons
Coupons are great money savers. If you have coupons with you, do not hesitate in exchanging them for goods purchased at stores, grocery stores, or retail chain stores, where these are accepted. Keep in touch with the bulletin boards of the stores for double coupon days. Plan your shopping on days when a store offers double coupons.
Using coupons, you can save from 5% up to 15%. This leads to a substantial saving of a few hundred dollars every year.
6. Don’t Get Lured
We generally tend to spend money over things because we get lured into buying them, whether or not we require them. You may be tempted into buying something, which has great appeal for you. It is best to avoid going to that particular store where it is available, or be strong enough not to get tempted. That is how you can save money.
7. Being Patient
Being patient is the keyword to avoiding impulsive buying. If you are an impulsive buyer, you need to exercise patience. Impulsive buyers tend to buy things even when they do not really need them. When you feel the urge to buy something, be patient and tell yourself to follow the budget you planned. Do not resort to any unplanned buying. If you have planned to buy a particular shirt when it will be available on sales prices, patiently wait until then.
8. Identifying Triggers
If you are the kind who suddenly feels the urge to buy something not required, then you may need to identify what triggers you into getting in buying mode.
You might be feeling sad, lonely, anxious, depressed or happy. These could be one of the reasons that trigger the urge of buying in you.
Once you identify the trigger, exercise restraint. Look for other ways to get relief from your moodiness. All you need is to discipline yourself.
9. Barter Your Services
Float the idea of bartering services among your friends, neighbors, colleagues, and family. If some one needs help at lawn mowing, offer your services in exchange for spring-cleaning your house. If a family needs babysitting services, do it in exchange for some other chore where you need help. Such bartering of services will save a substantial amount of money for all concerned.
10. Avoid Competition
Live life on your own terms. Do not let others dictate what you should buy and what you should not. If you care to be introspective, you may find that many times you had to buy things just because your neighbors had it and you did not. This sense of competition leads to wasteful buying. At times people tend to buy things just to be one up on their friends or neighbors. The consideration at such moments is neither need nor affordability. They just buy to have a competitive edge over others. Such wasteful expenditure can cause a severe dent on their saving.
You need to be conscious of the fact that you are not in any competition with anyone. Your life is yours and hence, your needs need not be dictated by others. Before buying anything, see whether it fits the criteria of need and affordability.
11. When to Shop
It is important not to indulge in anytime shopping. A person may go for shopping when he/she is anxious, depressed, sad, or hungry. It has been found that under such state of mind a person tends to overspend on shopping. If you happen to be in a melancholic state, avoid shopping. Wait until you get over the feeling and feel normal. It is better if you eat at home before shopping. A little bit of discipline will ensure considerable saving.
12. Avoid Sales Talk
When you are trying out new dresses at a dress store, you are bound to get rave compliments from the sales persons about how beautiful you look in a particular dress, how well it fits you, or how a particular dress enhances your persona. You may in fact look all that and more, but do not get taken in into buying a dress by sales talk. Sales persons are paid to make sales, and they may even be getting a commission on each sale they make. They, for these reasons, are making a kill.
So, be prudent in your approach, keep your budget in mind, and go for a dress that you think suits you the best. Taking a friend along on such occasions is of great help.
13. Compare Prices
When you go out shopping, it is a good idea to compare prices at various establishments. You may find a significant difference in prices at different places for the same product or substitute product. Some goods might be offered at sales price, which can make you save good money.
14. Saving Money for Shopping
A number of financial institutions and banks offer a Christmas fund, an extra ordinary opportunity for you to save money for your holiday shopping. You put some money aside in the fund and enjoy a peaceful holiday, not spending beyond your means.
15. Keep an Eye on Shopping-rebates
Prior to going for shopping, keep an eye on shopping-rebates. There may be some specific days and dates when rebates are offered. Plan your shopping accordingly, and ensure a good amount of saving.