Three Tips To Help You Save Money When Buying Pricey Items


by Ozeme J Bonnette

Buying big-ticket items can be stressful. With so many options to choose from, it can be difficult to know which one is actually the best fit for us. Most advertising doesn't help, either, because everyone claims to be better than the competitor. So how do we pick the one that we want to buy? Here are three tips to help make that decision easier.

Do your homework first

If possible, the first trip to the store should never result in a purchase. All smart shoppers do their research first. This may mean visiting many stores to look at all of the options they have available. Each store carries different models, and their online stores may offer an even wider selection. We should look at the features available with each model to find the one with the options that best fit our needs.

Research may include reading reviews online. Many websites share feedback from other customers who have purchased the item we may be considering. While some customers leave vague comments, many are very detailed in sharing the pros and cons that they experienced. While we may not be able to relate entirely to each comment, these notes can help us narrow down the main factors that we should look out for as we try to find the best product for our needs.

Companies like Consumer Reports are also helpful in identifying the best and worst products on the market. They do the research and make it available to us, saving us a considerable amount of time in trying to narrow down our options.

Don't buy what you don't know

There are so many bonus features that can be added to many products now. They can make an item look so much more attractive. However, it can also raise the price significantly.

While some features may be great and useful for our needs, many of the features are not. We may buy them all and never use them. Research can help us determine if it is more cost effective to buy the model with the bonus features or to buy the basic version and separately purchase the add-ons that we need.

Another possible trap is the "new version" trap. We have to remember that the latest version is always the most expensive. In many cases, there is not a significant difference between the latest version and the previous version. Depending on the need, it may not be worth the added cost.

Beware of salespeople

The last tip is to simply be careful. Salespeople are available to help us filter through the options, but they are also working for a paycheck. If they are on commission, it may be to their financial advantage to encourage us to get as many add-ons as possible.

We can bounce ideas off of them, but we can't allow them to talk us into getting more than we need at a price that we cannot afford.

It is always best to start shopping well before we need to purchase. The more time we have available, the better decision we are able to make. Hopefully, we will be able to identify the ideal model and watch for it to be on sale. That would make the deal so much sweeter!

About the Author

Ozeme J. Bonnette is a financial coach, speaker, and the author of Get What Belongs to You: A Christian Guide to Managing Your Finances. After working for a top financial services firm, she shifted her focus to teaching and speaking to groups and organizations working to increase financial literacy in the U.S. She earned 3 Bachelor's degrees at Fresno State and an MBA at UCLA's Anderson School. Find her at http://www.thechristianmoneycoach.com .



Tell others about
this page:

facebook twitter reddit google+



Comments? Questions? Email Here

© HowtoAdvice.com

Next
How to Advice .com
Charity
  1. Uncensored Trump
  2. Addiction Recovery
  3. Hospice Foundation
  4. Flat Earth Awareness
  5. Oil Painting Prints
Write an Article

If you know how to do something that others don't, write an article about it, and we'll publish it.
Click Here

Send us Feedback about HowtoAdvice.com
><