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)


Tune In and Go Beyond Common Sense with the Money Guys

This show would not be what it is today without the support of our wonderful listeners. We strive to continue making the show better and your feedback is an important part of that process.

If you have any questions/suggestions/comments/concerns (or just want to say hi!), feel free to reach out to us: brian@moneyguy.com and bo@moneyguy.com. You can also join the conversation on Facebook or connect on Twitter @MoneyGuyPodcast.

If you enjoyed this episode, be sure to join our community! You’ll get immediate access to 15 of our most recent shows, plus you’ll get future podcasts delivered straight to your inbox so you can get in on the action right away.

Most Recent Episodes

Dave Ramsey vs. The Money Guy: Which Strategy is The Best?

Dave Ramsey has an incredible legacy of helping folks get out of debt and take control of their financial lives. We agree on a lot of things, but there are a few points of contrast. In this episode, we’ll discuss differences between The Money Guy Show and Dave Ramsey...

Top 4 Financial Mistakes We Saw This Year! (2022)

We saw some wild financial mistakes this year during the bear market. From making extreme changes to portfolio allocation, chasing the hot dot, and using too much leverage, we’ll talk about some of the biggest financial mistakes we saw in 2022 in this episode.   In...

How Millionaires Build Wealth! (With Dave Ramsey)

Join us for a very special episode as we welcome personal finance radio host and influencer Dave Ramsey to The Money Guy Show! There’s so much misinformation out there about building wealth. We had the pleasure of having a great conversation about how millionaires...

Do These 4 Things with Your Finances BEFORE 2023!

There are unique financial opportunities available at the end of the year - especially this year with the market down. In this episode, we’ll talk about what you need to do with your money BEFORE 2023! In this episode, you'll learn: What you need to do with your money...

How to Win When the Financial World is Burning!

Lately it’s felt like the financial world is in chaos, with rising interest rates, a falling stock market, and high inflation. Let’s talk about how to focus on what you can control and how to minimize the time spent worrying about what you can’t control. In this...

Financial Advisors React to RIDICULOUS Money Advice on TikTok!

The most powerful time to get serious about building wealth is when you’re young. So, what is the younger generation learning? Financial Advice (good and bad) is being produced in massive rates across online platforms and TikTok is the new frontier. Is there good...

Loss Harvesting: Why Wealthy People Love It (And You Should Too!)

Tax-loss harvesting: what is it and should you be doing it? In this episode, we’ll cover everything you need to know about tax-loss harvesting, including whether it makes sense for you, how much it could save you in taxes, and how to eliminate the downside of loss...

The Market is Crashing! (Where Should You Put Your Money?)

The stock market has not had a great year so far. You might be asking yourself, “Since the market is crashing, where should I put my money now?” In this episode, we’ll discuss how to invest when the market is dropping and how to make the most of your money. In this...

Will Rising Interest Rates Tank the Economy?!

The Federal Reserve is raising interest rates to combat inflation, and many are concerned about how it will affect the economy. In this episode, we’ll discuss what rising interest rates means for your wallet and how to make the best of it. In this episode, you'll...

How to Be Wealthy By Age! (Can You Catch Up?)

How much does it take for you to meet your retirement goals by age, and what are some common traps your peers fall into? Learn more about how to be wealthy, mistakes to avoid, and exactly what a little extra saving can do for your retirement income. In this episode,...