We all love saving money, but after the extras have been trimmed from your budget you may still be looking for ways to save even more. While it may seem difficult to save money on purchases you can’t live without, it is possible. Let’s take a look at some ways to save money on things that you can’t avoid purchasing but would rather spend less on.
Buying in Bulk
Buying in bulk has taken off in recent years as a way to cut back on the cost of routine purchases. Warehouse stores such as Costco and Sam’s Club sell everything from groceries to automotive supplies, and the price per unit is substantially lower than a more traditional store. Keep in mind that it’s important to make sure that a bulk purchase won’t go bad if you don’t use it quickly enough.
Buy Used When Possible
You’re actually much better off purchasing used in some situations. A perfect example of this is buying a car. In addition to costing considerably more out of pocket, new cars also lose a significant chunk of their value the moment you drive them off the lot through “depreciation”. For instance, if you are looking to buy used cars in St. George, you can save money by going online and searching for a vehicle with a good reliability rating and then simply hunt for a good on that particular make, model and year. Often, online deals are already priced competitively so there is less haggling involved. Of course, you still want to make sure that the chosen vehicle is in good shape prior to purchasing, so a little more research is involved. Overall, though, purchasing used online, can save you money on nearly every common purchase, whether it’s a car or a smartphone. [Continue reading]