It’s almost Cyber Monday and in the USA, that means it’s one of the biggest shopping days of the year. But that doesn’t mean that you have to go and spend all your money on “so-called” deals. Frugal people shop wisely and keep their money in their pockets when it comes to these items.
Things They Don’t Need
It can be tempting to buy things just because they’re on sale, but frugal people know that this is a recipe for financial trouble. Only buy things that you actually need or will use, even if they’re on sale.
Things That They Can’t Afford
It’s important to stick to your budget, even on Cyber Monday. Don’t buy things that you can’t afford, even if they’re on sale. Remember, Cyber Monday sales are just a way for retailers to get rid of excess inventory. Make a budget before shopping and make sure that any shopping you do stays within your budget.
Things That They Don’t Really Want
Just because something is on sale doesn’t mean that you want it. Don’t be swayed by the hype and buy things that you don’t really want. Remember, advertisers are really good at convincing people that they need things they don’t really need or want. When you go shopping or consume media, keep that in mind.
Extended warranties are often a waste of money. If something breaks, it’s usually cheaper to fix it yourself or replace it than to buy an extended warranty. Keep that in mind when you get “upselled” by salespeople or websites.
While it seems like a convenient and safe option, gift cards are a potential money pit. If you don’t spend the entire value, you could lose out on money. Even if you get credit card points or great deals, if you aren’t the type of person to really keep track of all your money and be on top of using every gift card it’s probably better to just stay away.
Electronics Marked Down Significantly
While it might seem like a steal, electronics marked down significantly are often discontinued models or have poor quality. Some retailers give…