It doesn’t make sense to be wasting money while shopping when there are many ways through which money can be saved, and you will still purchase everything you want. See my friend, it does not matter whether you truly have the money to spend, if you suck at shopping, it’s definitely going to affect you someday, and I’m sure you don’t want that to happen.
Similarly, you must not really shop all the time. Using myself as example, before now, I use to be a habitual shopper. Whenever I entered any shopping mall, I don’t go out until all my bags are filled up to the point that I don’t have anywhere else to put things.
Eventually, I realized that it wasn’t normal at all hence; I decided to build a healthy shopping relationship which I finally did. Today, I don’t shop like that anymore, but I do know what makes for a good shopping expedition.
In this post, I will share with you how to shop smartly and save money for other things. Don’t go for your next shopping until you’re done reading this post.
Without further ado, let’s get to the main thing.
How To Save Money While Shopping
- Make a List of What You Want
This has been my number one shopping strategy over the years. Do you know the difference between “need” and “want”? I guess you should figure that out.
Now, before I learnt how to save money while shopping, I realized that one of the things that usually make me to spend a hell lot of money is because I’m never prepared whenever I’m going for shopping in other words, I don’t make a list of the things I needed to buy.
If all you do is to just enter the supermarket and start buying everything you see (like I use to do) then, you’ll find out that you’ll always buy the things you don’t necessarily need and will eventually end up not using.
You will just be wasting money on irrelevant things, and most times, these things tend to be somewhat expensive.
Therefore before you embark on your shopping voyage next time, prepare yourself, check the things you already have in your house and see the ones you need to get again or replace. Don’t go to the mall because you see some money on your pocket, you will only be wasting your hard earned money, and that isn’t wise at all.
- Go Shopping Alone
This might sound selfish but the truth is that I’ve learnt to shop alone whenever the need arises.
Most times, when you’re accompanied to the mall with a friend or just someone close to you, if care is not taken, you’ll end up spending more. What happens? The answer is simple. Most times, they try to induce you to making purchases you don’t need after all due to their own personal motives.
They’re probably trying to compete with you or want to live you and your purchases, and that is cheating. If you decide to go shopping as a social activity, that’s understandable but please, don’t allow your friends to suck you dry. A lot of people are fond of that.
- Set a Spending Budget
This is very important my friend, like I stated on the first point here, you don’t have to go shopping because you see money on your pocket, there are many other important things you should tackle with that money.
I’ve discovered that one of the best ways to save lots of money while shopping is to make a budget of what you should spend, and don’t spend more than that, even if your live depends on it.
You don’t want to feel sick after the ink has faded on the receipt instead, you want to feel great. Especially if you already know the prices of what you’re going to buy, write down the amount you can afford and stick to it. If you want to spend $200, $500, $5000, make sure you don’t exceed that for any reason.
- Always Pay With Cash
This is no joke. A recent research proved that we tend to spend 20-50% more when we pay with credit or debit card and that cannot be further from the truth.
Believe it or not, those credit card fees are very real and if you want to save money while shopping, you need to avoid using it to checkout.
Once you’ve made a list of what you want, and also set your budget, the next thing is to ensure you have the cash to pay them. Don’t go shopping hoping to pay with any magic plastic; you will end up paying a hell lot on things you would have paid less for.
- Always Ask Yourself, Do I Really Need This?
Most times in life, we’re often guilty of buying things that will not add value to our life in anyway. We usually buy these things because our friend has them, or because we don’t want to be left out on owing the trending stuffs.
The truth is that, the moment you become matured, you will find out that all those things are useless. I don’t know about you but, one question I often ask myself is……. Do I really need this? I will then imagine myself already owing the things then, I will also ask myself…… Now that I have this, is it adding any value to my life? Am I in anyway benefiting from it?
After answering these questions most times, I will find out that I don’t need the things after all. Now, I will also like you to try this whenever you’re deciding on buying anything. It doesn’t matter what you want to buy, it could be anything, just imagine it already seated on your closet/home, kitchen, dining table or sitting room.
Just visualize it and then, ask yourself the same questions above and you will see how much money you will end up saving for more important things.
There is nothing as painful as squandering money buying what you will end up not using. Before I learnt the shopping tips I shared with you here, I usually feel sick after shopping and I’m giving my receipt, that’s usually the most horrible shopping moment.
And most times, even if you see that the money is far beyond your reach, you will end up paying because of the fear of being embarrassed and humiliated.
Now, stop shopping like a fool and shop smart instead. You have a lot of other pressing issues to solve with that money and even if you think you have a lot of money to throw away, simply go give it to charity and God will reward you abundantly.