We were quoted recently by The Associated Press Buyline—in an article by Mike Rampton, "14 Tips to save money shopping online: Priceless expert advice"—regarding genuine, innovative #moneysaving #tips for #online #shoppers.
🛍Buy now and receive later (#BNRL): That way you get the satisfaction of a necessary or desired purchase but also extra savings or a discount. If you have a service like Amazon Prime, you can often buy a product through subscription and save 5% to 10% as long as you are willing to be patient or plan ahead.
🛒Along the same theme of time is on your side, if you abandon your shopping cart (i.e., don’t complete your purchase), many online #retailers will email you a #coupon or discount code to complete your purchase. Note, you probably need to be signed on to the #shopping website first so that they know who you are.
💳You may also benefit from checking to see if your credit card is offering special cash-back promotions for purchases made from certain retailers, or if you have any age related, auto, bank, or insurance memberships that can also snag you discounts.
⏳Lastly, double check the price of your purchase after you receive it because many #retailers will offer 30-day price guarantees; so if the price drops they will refund the difference.
🛍If you can #gamify the experience of saving money you may be more likely to do it and enjoy it.
Also quoted in the article are Erika Kullberg of Erica.com, Brett Narlinger at Blackhawk Network, Ted Rossman at Bankrate, Kyle Enright of Achieve Lending, R Persichitte, at Metropolitan State University of Denver, Kelli Hobbs at Valuedynamx, Christian Simmons at Annuity.org, and Adam Schwartz ✔of Coupon Surfer.
QUOTED EXCERPTS
Breathe, slow down and wait (BSDW)
“It’s sometimes easier said than done,” says Michael Ashley Schulman, CFA, chief investment officer at Running Point Capital Advisors, “But I recommend BSDW: Breathe, slow down and wait.”
As he explains, time is often the friend of the #shopper. “Most items will go on sale, so if you can wait for a promotion, holiday or special event, it will usually be in your favor. Additionally, if you’re willing to buy now and receive later — in other words, if you don’t need something immediately — you can often save money with delayed shipment or, for regular purchases, a subscription. It takes planning and patience, but you get the satisfaction of a necessary or desired purchase and extra savings or a discount.” Also, he points out, if you change your mind or regret your purchase, you often have extra time to cancel the order.
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