Online shopping is a convenient way to get your shopping done. However, it is important to know how to shop smart online to make sure you are not racking up too much debt.
How to Shop Smart Online
Online shopping layouts are made to entice the consumers. Therefore, we want to make sure you are shopping conscientiously by having a plan in place, sticking to a budget, and taking advantage of savings opportunities. This way you can keep working towards eliminating credit card debt.
Tips to Shop Smart Online
Pick the Right Days to Shop
Throughout the year online retailers put out numerous discount sales. Some of the big sale days include President’s day, Memorial Day, Labor Day, Thanksgiving and Christmas! In addition to these, retailers also issue many rewards programs, flash sales and discount coupons.
Shop Out of Season
Buying out of the season is a good strategy for online shopping as much as it is physically shopping at a retailer. Online retailers often displays deals on out of season products through their website. You can also take advantage of other coupon codes to apply on top of these discounts to get greater benefits. Such shopping strategies come in handy in when you’re in debt management.
Shop Smart & Ship Smart
If you know you have a few big purchases to buy, wait to buy them all together in one order to save on shipping costs. Some places tend to waive shipping fees if an order is over a certain price. Amazon, for example, is one of many companies that offer free shipping on orders over $35.
Take Advantage of Promotions and Discount Websites
Before you make a purchase at a retailer, be sure to search for promo codes and coupons. You can do a simple search engine inquiry for coupon codes. Also, there are various websites that offer promotions. Sites like Groupon offer local coupons and discounts for merchants, businesses, travel, and other services that can be gifted or used for your own personal use.
When shopping through numerous deals, be careful not to make any unnecessary spontaneous purchases. It is easy to get sucked into the savings. Unfortunately, this could leave you dealing with credit card debt by making purchases beyond your budget. Go shopping knowing exactly what you are looking for, and buy only that. Another strategy to keep your shopping under control is to use a credit card with a low limit. Make use of the price match guarantees of retailers to get the most out of your online deals.
Learning tips on how to shop smart online is an added benefit to your budget. Being budget conscious in all transactions can help you keep away from unnecessary consumer debt.
If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today.