6 Shopping secrets that stores don't want you to know!
Getting a good deal is a game, here's how to win.
How many times have you gone into a store and spent way more than you wanted to? Retailers are loaded with these tactics. It's time to turn the tables and use some of those ploys to your advantage.
Here are a couple of tips for saving even when the store doesn't want you to:
1. The "buy more" to "save more" trick
Everyone has seen the "Buy one got $20, get one get the second 50% off". The trick here is that it seems foolish NOT to buy the second one, if you bought the first. In actuality, when you buy two, its $15 each. It sounds much less appealing that way doesn't it?
What they don't want you to know
Unless indicated in the fine print, you can get the sale price when you just buy one of the item. Just be sure to ask a sales associate or at checkout to make sure you can purchase a smaller quantity than advertised.
2. The extended warranty
The extended warranty is just a trick to get you pay a lot more for the item. The pitch to get you to buy it always sounds like a great deal and you would be crazy NOT to take it. Truth is, the store extended warranty is simply just the most convenient option, but it comes with a huge price tag. Theres plenty of options that cover the same issues for free.
What they don't want you to know
- Most credit cards offer the same protection anyway.
- Most products usually break down within the first few weeks(During the return period) or much later after the extended warranty expires.
- If you set aside all the money you would use to pay for extended warranties, and use it to simply repair items that break, you will most likely save alot more.
3. The store credit card
We've all been at the checkout when the very friendly person informs you that you can save X% if you open a credit card. Somtimes it come with a big initial savings to sign up, then an ongoing benefit, such as saving on every purchase or rewards for spending.
What they don't want you to know
In-store credit cards save on your initial purchase and save x% on every purchase, but you usually wind up paying more. Way More. When you use the card and don't pay the balance in full each month, you pay a high interest rate for carrying a balance. So all the savings you THINK you are getting actually cost you more, but it's not as clear because its wrapped in fees. If you use an in-store card, just pay it off at the end of the month.