Most people around the world love good retail therapy. It gives you ultimate pleasure with calming effects on the brain. The scent of new shoes, the feel of new clothing, and the happiness of using a new appliance. They are gratifying experiences. However, with the current economic situation, we should shop wisely.
The US financial experts declared that the US personal savings rate remained zero until the year 2005. However, the individual savings rate is getting better, with 13.6% for 2020. But as a nation of consumers, people hardly focus on their budget before purchasing anything. Between groceries and clothing, we tend to spend much money. But with proper planning and strategizing, you can spend less.
The following are the seven essential shopping tips to save money:
1. Make a shopping list
Not making a list beforehand is where most of us go wrong in the first place. Whether you are grocery shopping or picking up some personal items, making a list always helps. The rule is to purchase something only when it is on your list. Without a shopping list, you will move from aisle to aisle, picking up things at random, which ultimately leads to impulsive buying. A shopping checklist is a great way to keep your impulsive shopping to a minimum, especially while grocery shopping. It is wise to visit your pantry first. This way, you will have a better idea of what you already have and what you need more.
2. Shop during sales and promotions
Store sales and promotional discounts are a great way to save money while shopping. Many chain stores arrange annual and flash sales all year round. You get Black Friday, Christmas, and New Year discounts towards the end of the year. Time your shopping with such deals.
As for grocery shopping, general stores usually offer great deals on everyday items. You can also avail of bulk discounts if you shop regularly. Sometimes they even provide unique items at promotional prices. And if you live in Tennessee, then it is a fantastic idea to check out the General Store Pigeon Forge for great deals on everyday items.
3. Use coupons
Another money-saving move is to use discount coupons. It is a smart idea to collect multiple coupons and combine them for amazing discounts. Search for printable coupons online or look in the Sunday newspaper. We know you won’t be thrilled with the idea. But, the small contribution each coupon makes will save you a significant amount of money over time. For more promo coupons, check out Bellesa Boutique coupon code for more selected items.
4. Only bring the cash you need
Who can spend money when they don’t have it. So when heading out to shop, leave your plastic money - debit or credit cards - at home. Instead, place a small amount of cash in a wallet to take with you. Just make sure that you have enough to pay for purchasing the day’s essentials. That is a smart move to stop yourself from impulsive buying. Knowing you have limited cash, you will not pick up random items. Instead, you will think carefully and only buy the things that you need. And once your money ends, you will have to complete your shopping expedition.
5. Limit your visits to the store
We all know someone who runs to the store for the tiniest thing. Do you remember a single time when you went to buy a few essential items and returned with them alone? You end up filling your cart with non-essential items that you did not plan to buy. To avoid this extra spending, limit your visits to the store. And when you do go, stick to your shopping list.
6. Choose your shopping buddy wisely
When it comes to clothes, we tend to shop with a buddy. We rely on him/her to help us shop better. Unfortunately, not all shopping partners are equal. Some are shopaholics who love spending money. If you are shopping with them, they won’t give you an honest opinion. Instead, seeing you spend more makes them feel better about themselves. Avoid planning your shopping trips with them. Instead, hit up the friends who give you genuine advice.
7. Use discounted gift cards
Do you have an unused gift card? If you are not planning to spend it, here is some good news for you. These days, you can sell new gift cards online. Contra wise, you can buy discounted gift cards for yourself too. Some websites purchase gift cards from people selling them and resell them at discounted prices. For example, you can buy a $100 IKEA or Target gift card for $85 or $90. That is a great way to save some extra money or shopping at your favorite store while saving money.
We have a bonus tip for you. Always save your sales receipts. And don’t take off clothing tags or things out of their original packing until you are ready to use them. This way, you will give yourself some extra time to evaluate your purchase. And if you start regret making the purchase, you can always return them.
The tips we have described in this article may seem frugal to some. Still, we urge that you try them. When you start cutting little costs, they all sum up to make a significant amount. Getting into a habit of carefully considering your purchases will take time. But once you master it, you will start saving money in no time.