If you’re anything like me you enjoy finding new ways to save money on any and every purchase that you make. I’ve only became so thrifty and frugal in recent years mostly due to increasing expenses which I can’t control such as outrageous health insurance premiums. What a scam! Anyways, if you’re not so savvy yet when it comes to saving on everyday purchases and you want a few pointers then I’m going to provide you with some quick tips and strategies to make saving money on things you buy a little easier.
5 Quick Tips For Saving Money On Purchases
- Always try to use a coupon – No matter what it is that you’re purchasing always try to use a coupon, if you don’t you’re definitely not getting the best price possible.. There are countless sites and apps out there for finding great coupons. Retail Me Not and Groupon Coupons are two of the most popular and best coupon sites. Both Retail Me Not and Groupon have android and iOS coupon apps as well. Some other coupon apps that are great include Shopular, Coupon Sherpa, Slick Deals, and Coupons.com. If you can’t find a coupon using any of these websites or apps, often retailers will list the best coupons they available on their own websites. For example googling ‘Macy’s Deals’ will bring up the best coupons they have to offer listed on their own site. Most retailers will simply allow you to use a coupon just by showing it to them on your mobile device.
- Set up a junk email account – Some places make coupons, special offers, and discounts a little more difficult to come by. Set up an email account that you plan to use solely for receiving coupons, offers, and deals. Then proceed to sign up for the mailing list of every retailer, restaurant, and place you like to shop at with the email account you just created.
- Use a cash back credit card – This one takes some discipline. For a little extra cash back on every purchase you make sign up for a cash back credit card, use it for all of your purchases (and even some bills), and last but not least pay the balance off in full every month. Also be sure not to spend more money than you have available for the current month because then you won’t be able to pay off your balance at the end of the billing cycle. The cash back credit card that I suggest is the Capital One QuickSilver cash back card. This card gives you unlimited 1.5% cash back on all purchases. Some other benefits of the Capital One Quicksilver card are 0% interest for the first 12 months, 20% cash back on all Uber rides, and a $100 bonus if you spend $500 with your card in the first 3 months. There are a bunch of other cash back credit cards some of which might give higher percentages in specific categories and which probably have limits on how much cash back you can receive in each category, but I believe that the quicksilver card is one of the best cash back credit cards because it’s 1.5% on everything and there are no limits on how much cash back you can get.
- Get more cash back on the same purchases you just used a coupon and your cash back card for – In my opinion the best app for this is Ibotta. Ibotta gives you cash back when you make purchases that are offered in their app. You have to scan the barcode of the item you purchased and/or capture a picture of your receipt to receive the cash back in your account. I have already cashed out for a $50 Best Buy gift card only using this app casually for a little over 2 months. There are some other apps which give cash back also, but aren’t quite as generous with the amount of cash back that they give. These include Receipt Hog, Snap by Groupon, and Checkout 51 just to name a few.
- Wait to buy the item you want until it’s on sale or out of season – This is a tough one, especially for me because when I want something usually I want it right now. Although I’ve gotten a lot better about waiting to purchase things that I don’t necessarily need, sometimes it’s still hard to avoid those impulse buys. If you can wait until the end of summer to buy a gas grill or wait until the end of winter to purchase a new coat and so on then you’re likely going to save a ton of money.
That’s it! Now start racking up that savings you thrifty son of a gun!
Feel free to leave a comment below with any ways that you use to save money on the things you buy.