December 14, 2019

6 Strategies of Cutting Cost on Shopping

If your kind of business is mostly done by shopping, then you might want to pick some facts from this article. However, if you shop for fun or for other purposes, this article will help you learn some key tips in terms of cutting cost while you go shopping.

1. Make a Sit at Home List of What you Really Want
Most people do shopping without defining what they really want; they jump into a shopping mall and start buying all most everything their money can buy; the funny thing is that 60% of what they buy are not necessarily needed by them, they just bought them because they feel they have some money on them. If you have this kind of shopping attitude, you can stop it by sitting at home to make a list of what you really want for yourself. When you have a critically compiled list from home, you discipline yourself by sticking to the list when you go shopping.

2. Take a Tour on Pre-Shopping Research
Pre-shopping research will help you know more about the things you have listed and the actual amount you can budget for them. When you do pre-shopping research, you save yourself a lot of cost because you now know how much to go shopping with. However, while deciding on the amount to go shopping with, consider miscellaneous as another necessity.

3. Shop with a Note and a Pen
Before you go shopping, get a pen and a note for taking down of anything which you might find interesting at the shopping mall that is not in your list. People are mostly tempted to buy more things when they go shopping especially the ones that caught their eyes. There is no offence in seeing what is not in your list, but remember you didn’t budget for it at home; all you need do is to write the cost and the name of the product in your note and keep it for your subsequent shopping, that way you can fight impulse spending at that moment and learn to stick to your list

4. Learn to Shop Alone
Cut down on frequent shopping with hang-out friends especially when you have much money on you; the choice they make at the shopping mall will always influence you to buy things you are not ready to buy. If you must shop go shopping with them, make sure it was scheduled to enable you plan from home and know the exact amount to carry with you.

5. Do More of Bulk Buying
Bulk buying to some people means spending much money. When you do bulk buying, you get discount on those products and at the same time save some money. To get started, write down the list of things you use more often at home and include them in your shopping list; goods that you bought in bulk will save you the stress of paying more transport to the shopping mall everyday, it will also allow you time to do some other things and most importantly keep you monetarily relaxed in times of inflation and scarcity of products or goods.

6. Turn down on credit offers
This may sound foolish– turning down on a credit offer to acquire as much as you wish, but remember you have a list which you are working with and this list clearly states the amount you budgeted. When you accept a credit offer, you will be tempted to collect as many things as you want and all of these will amount to spending money which you did not plan to spend. Always try to keep it simple and strict, write down the cost and the name of that product in your note and keep it for another day shopping.

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