Unless you are lucky enough to have found the tree where money grows, spending money is never a great feeling, even if what we are getting for what we are spending makes you feel good, the concept of dishing out hard earned money is probably not too thrilling. I think my worst money spending feeling as after an impulse buy. Many can relate to this. You see it, you quickly thing you have to have it so you buy it. Then a few hours or days later you realize you could have either lived without it just fine, or better yet, you found it cheaper somewhere else. If you are lucky enough to be able to return it without a restocking fee or similar, maybe you can end up saving a few bucks, but if you cant, which is how it usually plays out, you just end up feeling worse knowing you spent more then you had to on whatever it is you bought.
It doesn’t always have to be this way though. The first and most obvious advice in these situation is just don’t buy it. Step back. Take a break. Think about it. You might realize on your own you don’t need it and then the issue of how much you may have spent on it doesn’t even matter. If you can’t not buy it, then my suggestion is wait and do some research. If we are talking about a cheap pair of shorts, maybe not, but if you are talking about a significant purchase, a fridge, a washing machine or some kind of latest and greatest electronic, just wait a bit. I find that comparing prices is always the best route to buying higher ticket items. I have apps on my phone I can use in the store to do quick comparisons, but the real research is done on my computer.
Online shopping websites and forums are great for finding deals on many of the items you want or need. My absolute favorite forum shopping website is Slickdeals. They have been around for as long as I can remember and have been on the forefront of many fantastic sales and deals with information to the public. The community is amazing and the members bring a lot of value to the table with shopping tips, deal news, reviews and much more commentary. There are countless apps that achieve the same end result. Amazon and Google Shopper are a few I have used in the past that allow you to scan items, bar codes or search info directly and will provide quick feedback in regards to pricing of the item online and at various retailers. This can be used to have stores price match such as Best Buy to Amazon.
Really it comes down to how much you value the dollars you are spending and how much effort you want to put into getting what you want for less. There are stories all over the internet and TV of individuals getting groceries for next to nothing, free electronics and cheap brand name clothing, you just have to want it and put in the work to get it! Don’t forget about the many websites such as Price Grabber, Red Laser (also an App) and Tech Bargains which are all great pricing research resources.
Do you do pricing research and comparison before buying? At what price does your shopping become research and wait worth or just buy it now worthy?