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  When you spend your hard-earned cash, you want to make sure you are getting a good deal. It’s important to be a smart shopper and get the most value on any product you buy. Here are some easy tips to follow:
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  • Do Your Homework First

Before buying anything, you should research it thoroughly. Read reviews online from trusted sources to learn about the quality and performance. Check prices at different stores to find the best deal. This homework will help ensure you get a good product at a fair price.
  • Wait for Sales

Timing is key to getting discounts. Stores often have big sales around major holidays like Black Friday, Christmas, Memorial Day etc. They slash prices to clear out inventory. Subscribe to retailer emails to hear about upcoming sales first. A little patience can save you a nice chunk of change, helping you get value on any product you buy.
  • Buy Used or Refurbished  

Don’t overlook used or refurbished items. These are products that were gently used, then returned and inspected to ensure they work perfectly. Since they are pre-owned, you can get them at a big discount off the original price. Just be sure they have a good warranty.
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  • Ask for a Better Price

To get value on any product, don’t be afraid to negotiate! For big purchases especially, stores expect some back-and-forth. See if you can talk them down to a lower price by mentioning competitors or buying multiple items. The worst they can say is no.
  • Look at Long-Term Costs

Don’t just consider the upfront sticker price. Think about the total cost over many years. A cheap printer may be #30,000, but if the ink is expensive, it could end up costing more long-term than paying #100,000 for a better model. For appliances, factor in utility and maintenance costs too.
  • Buy Quality When It Matters

While you want a good deal, you also need to balance quality. Sometimes it’s worth paying a bit more upfront for an item that is built to last years, rather than going for the absolute cheapest option that will wear out quickly and need replacing.
  • Consider Alternatives

For you to get value on any product, before buying a new one, think if any other options could work for you. For furniture, you may be able to refinish an older piece rather than buying brand new. For tools, see if you can borrow or rent instead of owning.
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Final Thoughts

When you use these simple tactics, you can become a smart shopper and stretch your money further on everything you buy. Do your research, wait for deals, negotiate, think long-term, prioritize quality, and keep an open mind to alternatives. Your wallet will thank you!
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This article was first published on 24th May 2024


Chidiogo Shalom Akaelu holds a degree in English and Literary Studies, from the University of Nigeria. She is a freelance writer, editor and founder of Loana Press, a budding online publishing outlet.

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