Some times the usual money saving ideas are really not the best way to save money. As with most things the details of how you save money, will determine if you actually save money or not. The following list of the typical ways of saving money actually does work as long as you make sure that you are really getting a deal. For example, buying something because it is on sale, can save you money, provided that you are going to use it and that you actually need the item you are purchasing.
If you buy something that is on sale and does not need it or worse never use it, then you really have not really saved any money. Over the next few weeks, we will be expanding on the list below, providing examples and explaining why this typical list of ways to save money can actually cost you a lot more than perhaps what you planned. Stay tuned for more posts, but in the meantime review the list following and assess if any of these apply to you!
Money Saving Ideas – List
- Buying Something because it is on sale
- Opening a store credit card to get a discount
- Buying an extended warranty
- Driving out of the way to use a coupon
- Buying in bulk
- Putting your savings into a savings account
- Buying more online to qualify for free shipping
- Buying the cheapest of everything
- Spending more to obtain credit card rewards
- Buying everything on Black Friday
- Taking advantage of loyalty programs
If you know of other ideas or perhaps have a different take on our list, please let us know. We will be glad to include your ideas in a post or as a comment on one of the posts. We all want to have enough money to do all of the things we want to do in life. Making it last as long as possible is one way to do that. Also buying the items you actually will use is another way of maximizing your savings.