Growing up my mom used to brag that she never paid full price for anything, and that was basically true, but she sometimes had to go to extraordinary lengths to get those great prices. Thanks to a little bit of my own ingenuity along with the internet and smartphones that she didn't have back in the day I can truly say that I never pay full price for anything. Here are just a few basic ways I save money on products that you can start doing today.
Coupons are Still Pretty Legit
With the proliferation of the internet the way we get coupons has changed, but the coupons themselves have very much stayed the same. In a never ending bid to win your business many retailers will offer their own coupons and allow you to stack coupons to get an even better deal; some will even let you use coupons on clearance and sale items. You can print them off of coupon sites or just get them on your phone, not matter what you should always use a coupon when you can.
Coupons Take a Back Seat to Apps
Paper coupons still have a place in saving money, but they are nothing compared to money saving apps. It is not that the apps really save you more dollars, it is that they are easily accessible no matter where you end up or what you are doing. I can't tell you how many times I have saved money at a restaurant or clothing store by checking my retail me not app before checkout. Coupons.com and Coupon Sherpa are other apps which can come in handy in a pinch, and every store has their own app now-a-days which may have a few deals as well.
I do a lot of my shopping online and it isn't just because I strive to be a hermit. The reason why stores like Circuit City and Kmart are closing isn't because there was a recession, it is because they can't keep up with the online market places. Brick and mortar stores have a ton of overhead to look out for while online retailers like Amazon or Overstock only need a couple of servers and a massive warehouse. I don't only shop online but I definitely, at least, price check first using my fool proof plan.
The Rewards Card
I love me a rewards card and when someone offers one to me I say yes before they can even finish the sentence. "You mean I will either save money today or the next time? I am in." Most rewards cards allow you to gain points in order to save money in the future, but there are a few, like gas cards, which allow you to save money in the moment.
Discount Gift Cards
I will go into more detail on this in a future post, but this is a last resort when it comes to never paying full price for anything. There are a handful of sites out there which allow you to buy gift cards at a discount price; anywhere from 3 to 25% of the card's actual value depending on the store. These discounts take a lot of planning as the gift cards can take up to a month to arrive, but if you frequent a store or restaurant it is well worth the planning ahead as you could save $10 or more per store. If you are spending that kind of money at 5 stores a month, then you are spending $50 a month less.
The Dollar Dad isn't about pinching pennies. He is about making and saving money in interesting way to live the best life you can.