Whether purchasing something you need or something you want, it’s easy to just find the first price option and pull the trigger. If you take the time to shop around instead, you’ll find there are price breaks available on everything from groceries to vacations. Putting extra effort into discount shopping for items big and small is a surefire way to accelerate debt reduction.
Discount Shopping Tips & Tricks
Everyone likes saving money, but it’s not always easy to find discounts on many products or services. Here are some proven ways to save (on all sorts of stuff!) that you may not have tried before.
Basic Ways to Save:
- Coupons – This is obvious at first glance, but there are many different coupon sources these days. You can still find discounts in your local paper or in the mail, but they are also digital now! Use a smartphone app or subscribe to email lists that provides coupons for local and national retailers.
(Sneaky Extra Tip: If you leave items in your online shopping cart for a few days, some retailers will send a 10-15% off coupon to you via email to entice you to complete the purchase.)
- Standard Discounts – Student, senior, and military discounts are easily forgotten, and they’re offered at more locations than you’d expect. If you qualify for these kinds of discounts, always inquire about them before making a purchase. For those who don’t fit these categories, remember to utilize these discounts if you’re buying for student, senior, or soldier family members.
Advanced Discount Tactics:
- Price Alerts – If you’re in the market for something that you’ll buy online, track its price! Leaving items in your Amazon shopping cart will trigger alerts for price changes. Websites like SlickDeals or PriceZombie will let you compare prices across the web, track price changes overtime, and setup alerts for specific items. That way you’ll know where and when to buy and get the best price. Getting the lowest possible price is critical for limiting or managing credit card debt.
- Travel & Dining Deals – Services like Groupon and LivingSocial are awesome for getting discounts at local restaurants. They also offer special prices on activities and excursions to certain destinations. If you want to try something new and are flexible on location or date, check out their offers.
- Undervalued Gift Cards – People often receive gift cards to places they don’t shop. The solution is to sell them for less than face value on a site like Cardpool.com. That means you can essentially buy discounts at many of the places you frequently shop. Usually the cards sell for between 10-20% less than their actual worth.
For all of these discount shopping ideas you’ll need to spend a little extra time and energy to achieve real savings. Each discount on its own may not seem like very much, but combined they add up to significant cash in your pocket. Every time you go the extra mile to save you’ll get that much closer to eliminating credit card debt.