May 20, 2022

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HOW TO SAVE MONEY DURING SHOPPING

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HOW TO SAVE MONEY DURING SHOPPING


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Not having a budget without going out for shopping may cause unconscious buying. However, it is possible to have a cool budget and still could not have a surplus budget. Below are some tips that can be very useful.

COMPARE PRICES

Ensure you compare prices from various shops before buying. You may already know the price of the item you want to buy. But you can save some money by comparing prices from one shop to another.

QUANTITY DISCOUNT

Always take advantage of quantity discount. If the price is N100 for one item and the sales representative tell you to get two item (same items) for N180. Then, do not hesitate to buy it. If you need just one of the item, you can sell the second to a friend or neighbour at home.

NEGOTIATION

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Negotiate the price of the item before making a purchase where ever possible. If the product have a little deficiency that you can manage, you can capitalise on that deficiency to get a cut in the price of the item.

SUBSTITUTE

If the money you have to buy an item is not enough or the price is higher than you have budgeted, you can consider buying the substitute. It is possible that a close substitute can actually do the same work as the item you have in mind to buy.

Do not think that you are a frugal person if you consider this tips above. Saving money during shopping can really be of benefit to know. Especially during hard times. It can leave some cash you will need to meet other unexpected expenses that may come up later.

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