8 Money Saving Shopping Strategies
1. Finding the Deals. Use the following web tools or browser add-ons to stay on top of sales, coupons, and other special deals. After you download them, they pop up while you’re shopping online to tell you when there’s a sale or a coupon you don’t want to miss.
Also, check out Dashlane, which securely saves your passwords and payment info. To download the tools, go to their websites and follow the instructions.
2. Use Your Smartphone. Don’t forget when you’re in a store and see an item you want to buy, to use your phone and apps such as Amazon Price Check to see whether it’s cheaper elsewhere. Also, be on the lookout for in-store smartphone alerts about discounts and freebies.
3. Take Advantage of Price Matching. Many retailers will match, or sometimes even beat, a competitor’s price if you show proof (such as an ad) of a better deal elsewhere. Even the military exchanges participate in price matching so take advantage of that benefit. Other examples include Target, Staples, Best Buy, and Walmart. There may be exceptions and time limits so read specifics on store websites and at customer service desks
4. Price Protection. Many credit cards and even some debit cards offer this benefit, which reimburses you if you find a lower price on an item within 60 days or so of buying it. Citibank cards now offer such a service and I’m sure there are more credit cards that do as well.
5. Groupon Product Deals. Many of us probably have heard of this coupon site. Click on “Goods” at groupon.com to see the day’s offering such as electronics, exercise gear, attractions, etc., at half price or less. Also, check out Living Social’s product deals.
6. Store Credit Cards. Although many store credit cards charge high interest rates, a few offer enough special coupons and other rewards that signing up for them might be worth it – as long as you pay off your bill each month. Standouts include cards from:
- Barnes & Noble
- L.L. Bean
Bank credit cards with great cash-back rewards policies include:
- American Express Blue Cash Preferred
- Capital One Cash Rewards
- Chase Freedom
- Fidelity Rewards American Express
7. Trade-in Sites. Want a new iPad Mini? You can trade in your old iPad (or other used gadget) for credit toward shiny new electronics at some stores including Amazon, Apple, Best Buy, Radio Shack, and Target.
8. Don’t Buy Toiletries at Drugstores. Stick to stores like military exchanges, Harmon, Target, and Walmart. And supermarkets and commissary prices weren’t that bad.
SOURCE: Money Advisor | Consumer Report | March 2013
What are some of your favorite money saving shopping strategies? You can leave a comment below.