Buying the cheapest of everything can save you a great deal of money in the short term, but not always in the long term. There is usually a reason that something is cheap. That usually means it is not made well and will not last long! No problem if you do not need it to last long. But if a particular item lasts several years or receives a lot of wear and tear, you may want to spend a little more money and get a better quality product. Often there are sales of various goods for a variety of reasons.
Consumers can save a great deal of money. The mantra that our family follows is that we never pay full price for anything we purchase. We always look for sales. If something is not on sale, we either negotiate or wait until the item goes on sale.
Buying the cheapest of everything
Following this approach of always waiting for a sale item usually means buying items at a lower price and saving ourselves quite a bit of money. We also watch for sales that save us even more money.
For example, several times, we have purchased something on sale during the week. We know we are already ahead; however, some stores will have additional sales on the weekends. They might have a tax-free holiday, and whether an item is at full price or on sale, you still save on the tax. All we do is return to the store with our receipt and ask them for a credit for the additional savings. All large department stores and chains usually honor this approach.
By following the sales and by staying alert for sales, you can really follow the Buying the cheapest of everything approach!
