When it comes to buying, you will save the most money by planning ahead and strategizing. This is true in most areas of your spending. Here are a few tips on using time to your advantage when it comes to looking for a great deal.
Save Money by Planning Ahead For Best Deals
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Know the Sales Patterns
It’s not what you buy, it’s when you buy it. For example, clothing stores have a predictable pattern year after year as to when the right time to buy is. In general, good timing for clothing purchases are during major yearly sales, at the end of each season, and in January for great clearances savings.
If you are booking a holiday, try to keep track of sale patterns as far in advance of the trip as possible. If you know you wish to take your family on a holiday together the following year, begin searching the internet to find out information on the cost of each possible location. This often happens during seasons of low travel, such as when many children have just gone back to school.
Take a few minutes each week to continue your search. This can yield great results and give you a wealth of information in regards to knowing the timing that you should book your trip, and when you should plan to travel.
Sign Up For Sale Notifications and Related Blogs
If you have a particular vacation or item in mind, sign up for various blogs and consumer information sites which will notify you of sales on whatever you are planning to buy. The internet is full of sites like these, and it can save you large portions of money on your purchases.
Look for Sales at the Beginning
When there is anything new, there are often sales. Whether it is in regards to an item that is brand new and hitting the stores for the first time, an entertainment center with a future opening date, or yearly passes for a local amusement park, you can often score a deal by buying in advance.
Plan to Shop on Certain Days
There are certain days and times when your shopping will be less expensive, and for this reason, it is wise to wait until those days to make your purchases.
One of the more well-known shopping days in the United States is Black Friday. If you have your holiday lists made in advance of this date, you can plan your shopping strategy and hit the malls to find the best deals, for big savings.
Make Do until the Sales
If you have planned far enough ahead, you won’t have to make purchases out of desperation. For example, maybe you have figured out that toilet paper comes on sale the last week of every month.
Or perhaps your local health food store gives 10% off to its loyal customers the first Wednesday of every month. You can then buy enough product to last you the whole month, so that you are able to once again wait for next sale, instead of having to make an emergency purchase when the item is full price.
Planning ahead is a good way to obtain the best deals. By taking the time to do a little research, you will put yourself ahead of the game. With this knowledge, you will know you are able to save your hard-earned money and put it to good use.
Basically, with the right planning, you can save on almost everything you buy. Make a game out of it. If you can’t get a discount, don’t buy it until you can.
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In the book Total Money Makeover, you can find out what deals are not a great deal. It is just as important to save money as it is not to buy impulsively.
Other Money Saving Tips and Resources
- Monthly Budget Worksheets
- Saving for an Emergency Fund
- What is a Sinking Fund
- How to Save Money on Groceries
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