We all wish we had a little more money and could spend a little more. Regardless of the time of year, or what shop we are in, we always need to budget and make sure not to live outside our means. This can be difficult, but it is necessary as the alternative is debt and nothing good comes from that. For those of you who have the urge to buy more things, here are some ways that you can avoid maxing out your credit cards and have to live poor for months to repay them.

Put It Off

If you want to buy something that is expensive, one of the best things you can to consider the purchase is to wait a week. If you put off buying it and see if you can manage without it, then you will know if it was an impulse purchase or something that you actually need. Obviously, this shouldn’t be done with essential things like food and the like, but it can help you make bigger decisions such as appliances, clothes, technology and a range of other things. Waiting and seeing can be the best way to determine how important a product is and if you still want it, then you can buy it after a week has passed.

Shop Around

A lot of stores will have varying prices for whatever it is you are looking at buying. This is why it is important to shop around and try to get the best deal. It is worth checking out both physical stores and online, too. You might find the same product half the price elsewhere, or you might find something like 10% off for Boots products online. Each saving means that you can afford something else and means that you won’t be overspending. Shopping around can also lead to the above point of waiting. This is because while looking for the best deal, you might find that you have managed fine without the item and that you actually don’t need it in the first place. At the end of the day though, you should always shop around to try and get the best possible price.

Second Hand

You will often be able to find the same product you are after second hand for a substantial discount. Sites like eBay have a lot of sellers and a lot of choices. You are also protected should a second-hand item arrive damaged or faulty so that you can buy with confidence. You might be able to get the exact same item for a fraction of the price, but it has been used a few times already. There are some items where this will not work for you, but others, such as electrical goods, are great second hand. The chances are that you won’t notice the difference between the new product and the second-hand one except maybe a few scratches here and there. That is a small price to pay for the massive savings you will make by purchasing preowned items.

Categorized in:


Last Update: Wednesday, 20th December 2017