Ways that Planning Ahead Saves Money

Many people are taking a growing interest in saving money in any way possible. When making large purchases, such as a car or a house, we all plan ahead and analyze the choices that we have so that we can get the best deal. But many of usneglect to do the same thing for common everyday items. If you save $100 on a TV, but waste $1 on 100 small purchases, where is the savings?

Planning ahead for all of your purchases saves you a lot of money in the long run, as you will be less likely to buy on impulse, have more time to think about what you are buying and see if there is any way that you can get the same item for cheaper.

Price Multiple Sources

When you want to buy an item, write it down on a notepad. Then check in the local newspapers or fliers to see if you can get it at a lower price. You can also go online, and check sites such as eBay to see if you can get it cheaper there. Just as you would never buy a new roof without checking several contractors for a price, you should check at least three sources for a better price. Eventually you will be able to find where you can get the item at the lowest price possible.

Set Aside Shopping Time

Doing all of your shopping on one day is also a great way to save. Think about it: if you go shopping virtually every day, then you didn’t plan accordingly. You’re also wasting gas. But when you buy on just one day of the week, you’ll wait for that day to come before you make a purchase. This cuts down on impulse buying, gives you time to clip coupons and check sales, and makes better use of your available time.

Buying in Bulk Isn’t Always a Bargain

Buying items in bulk while they are on sale can save you a lot on your every day items. There are always items that you buy quite regularly, such as toothpaste, shaving cream, toilet paper, etc. These are all items which can be stored for a long amount of time, so buying them in bulk and storing them in your house will not make them spoil. Check to see when there are specials on the items that you want to buy. Many things are less expensive if you buy them in large quantities, but not always. Just be sure that buying in bulk is one of the options you consider when pricing a purchase.

Discount!

To get even more savings, make full use of the discount programs and coupons that are offered by merchants that you do business with. Many places offer rewards cards or frequent shopper clubs that let you earn points on most of your purchases which could then translate to getting merchandise at a discounted price or for free. These programs are all free to join and very often companies will send you newsletters with their current promotions and specials that you may find interesting.

Discount coupons can be found everywhere. Many people immediately discard any fliers that they get and simply consider them as annoying junk mail. However, these often contain many coupons which could let you save money on the items that you frequently buy. When shopping online, many online merchants also let you input a “promo code” or “discount code” when you’re at the checkout phase of your order. Do a quick Google search to see if there are any such codes that you can use with your order.

As you can see, taking a few simple steps in planning ahead the majority of your purchases can go a long way in saving you money. While the savings may seem insignificant at first, remember that even saving one dollar each day will eventually add up.