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Savvy
Shopping
The key to becoming a savvy shopper is to learn to
replace impulse buying—buying
without giving thought to the purchase—with savvy shopping. How do you
start becoming a savvy shopper?
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Never rush to buy something. You will
almost always pay more for it than you need to. Save
for your purchases. And quite possibly, a sale might
come up in the meantime.
Look for discounts, sales, and coupons—and follow the rule of
three. Pick three stores and compare costs to find the best price.
If it’s tennis shoes you’re after, take it a step further—compare
three different types of shoes to get the best deal. And remember to check
the quality of everything you buy. Things that don’t last are no bargain.
Ask around for feedback on things you want to buy. Ask a friend
if she’s happy with her new designer shirt she “just couldn’t
live without.”
Ask sales people questions:
• Is the item under warranty? For how long?
• Will the item go on sale soon?
• What is the return policy? Will I get a refund or an in-store credit? |
In the “Managing
Money” section,
we’ll talk about spending
leaks—how spending small amounts regularly can add up to big bucks—and
how to avoid them.
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