1. Compare prices from two or three sources to get a good understanding of the market forces and how it relates to the products you want to buy.
2. Shop with a list: It is important that before venturing to the mall you have a set of items you want to get and you have them written. This way, you will be less prone to impulse buying. The list will also make you more immune to the sweet words of salesmen who want to get you to buy what you don’t need.
3. Consider the time and cost it will take you to purchase that which you seek to buy: Even if a store is selling the shoe you like at a discount, however, the store is all the way across time. Take into consideration the time you will spend to make the sale and the extra amount on transportation. There is a high chance that the addition of both to the discounted price will cost more than you expected.
4. Endeavor you shop alone. Studies have revealed that for both genders, shoppers tend to buy more than they need when they shop in groups. The reason for this is not far fetched, it is easier to be convinced by a friend or loved one to make a purchase than by a stranger. To forestall this, ensure you shop alone. That way you can reduce the chance of buying what you don’t need and save more money for more important things.
5. Don’t shop when you are not emotionally balanced: This means that don’t shop when you are tired, bored, sad, lonely, depressed or in any other mental state that you are not sure you are totally logical and reasonable. Furthermore, don’t shop when you are overjoyed or exhilarated. Else you will find out that you ordered for the largest TV in the store after you received the news of your promotion at work, only to discover that you don’t need the TV right now.
Shopping is fun when done right and when you don’t break the bank to get what you want. If you follow the steps listed, you will find out that you are on your way to becoming a millionaire.
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