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Shopping Hacks That Will Save You a Fortune!

August 10, 2018

If you want to stretch your back pocket and make it go as far as possible, then tune in to this week’s episode of The Money Guy Show. We’re talking about some supreme online shopping ninja skills that can help increase your purchasing power. Tell us the idea of stretching your money an extra 5 to 10% more than your friends doesn’t put an extra pep in your step!

Here are the three things we cover in today’s episode so you can stretch your money:

  • Know the Best Way to Buy
    • What is the best online portal to purchase your goods from?
    • Check out the Amazon Prime credit card. You get 5% back all the time on Amazon purchases.
    • You can save on sales tax simply by choosing a different seller who operates out of a state without online sales tax.
    • Look for Amazon Warehouse deals where they discount the goods 10%, 20%, 30%
    • And always remember to use Rebate Websites
      • ebates.com is one of our favorites
      • cashbackmonitor.com is like the Holy Grail of online shopping portals. It will tell you which online portal offers the best price for the goods your buying.
  • Attack the Deal and Leave No Dollar Behind
    • If you see a coupon code box when you’re checking out online, make sure you find a discount code you can use!
    • You have to look for discounts: search the retailer’s website, Google, Retailmenot, and CouponCabin are just a few.
  • Maximize How You Pay for It
    • Don’t forget to take advantage of credit card rewards
    • Time your purchases so you can maximize bonus gift certificates or rebates
    • Maximize your credit cards cashback, anywhere from 2% to 5% simply by using certain cards
  • Honorable mentions and other considerations:
    • Are you getting the best price on your purchases?
      • Google, PriceGrabber, Upromise, and ebates can search the specific item so you can fine tune or understand what is reasonable on purchase price
      • Take advantage of the price match protection built into your credit cards
      • Maximize the price match policy of retail stores
        • Quite a few stores will now match the price of Amazon (has to be sold directly by Amazon)

 

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