Being a smart shopper is not always the easiest thing to do. With all the sales and promotions being thrown at you, especially during this time of the year, it’s easy to cave in and make an impulsive buy. Retailers have tons of tricks up their sleeves to make you spend more money, so it’s important to stay alert in order to make the most of your money.
Not so long ago, I was the complete opposite of a smart shopper. I was impulsive and bought anything that was on sale or looked like a good deal. Needless to say, I wasted a lot of money. However, I’m now a reformed shopper and I’m much more careful about how I spend. Here are 4 rules I live by when it comes to shopping:
Don’t Be Fooled by Sales Pitches
Especially when you’re buying big ticket items, you’ll probably comes across a sales associate trying to convince you why their product is the best. While the product might actually be great, keep in mind that they might work off of commission. The more you buy, the more money they make. Don’t be fooled by sales pitches. Do your own research and look for unbiased reviews before making your purchasing decision.
Always Do Competitive Shopping
Do some competitive shopping first before making a purchase. Where can you get the best deal? Quickly searching for a product, finding where it’s sold, and for how much can be done in under 30 seconds using the internet. The exercise can save you quite a bit. Find out if price match is an option if you’re loyal to a specific retailer. Many retailers do if you bring in proof of promotional price from a competitor, such as an email or circular.
Keep Your Receipts
Don’t throw out your receipts no matter how much you love something you bought. Keep them stored away for at least a month, as you never know if you might change your mind later on. Also, an item you purchased might be defective and having a receipt will make it much easier for you to exchange the product.
Sleep on It
If you’re mulling over a purchase, sleep on it before you whip out the credit card. Spending some time to think the purchase over, even for a day, can help you think more clearly. You might think you need something in the moment but later on, you may realize you have no need for it at all.
While these are all important rules to shop by, you should always ask yourself this: do I need it? Deciphering between your needs and wants will help your budget in the long run.
Do you consider yourself a savvy shopper? What is one rules you always shop by?
Editor's Note: Did you know about the service called $5 meal plans? For $5 a month, they send you recipes of delicious, healthy, yet cheap food that costs just $5 a meal.
Several of my friends signed up and they are able to eat at home more because the instructions are easy to follow, making everything convenient. The deal also comes with grocery shopping lists, which saves them so much time. Check it out yourself by clicking here and you too may be able to save more and become healthier at the same time.