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FINANCE TIPS FOR SINGLE MOMS
Money-Saving Tips
By Jacquelyn Lynn
Author of
Online Shopper's Survival Guide
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Review and sources by Amanda Bach
A
comprehensive guide to buying on the Internet, Online Shopper’s
Survival Kit will teach you how to effectively and safely shop
online for just about anything. With input from expert buyers and
sellers, it discusses strategies for getting a great deal on online
merchandise, including the top categories, like cars, real estate, and
travel services. It reveals how to recognize and avoid scams and frauds
and discusses consumer protection issues.
Shopping online is the
easiest way to find the lowest price for whatever it is you want. But there
are plenty of ways to save money besides just getting a good buy.
The
following is an excerpt from the book The
Maui Millionaires
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Sales, specials, and closeouts.
Just like brick-and-mortar stores, online retailers often have sales and
reduce items to clear out their inventories. Check your favorite sites
regularly, or sign up for e-mail alerts.
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Manufacturer rebates.
Rebates are not limited to traditional retail transactions -- you can
get them with online purchases as well. To find out what rebates are
being offered by which manufacturers, visit a rebate-tracking site, such
as
www.myrebates.com or
www.rebateshq.com. But if you find a rebate and use that in your
decision-making process, be sure to follow up and file the necessary
forms to get your money. Manufacturers know many of their customers
won’t bother.
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Online coupons.
Online coupons work the same way paper coupons do, except that instead
of handing a cashier a slip of paper, you enter a code during the
checkout process. Many merchants issue online coupons for various types
of discounts; you’ll find them in catalogs, direct mail pieces, and even
in the inserts with your order (a way to get you to buy again). You can
also find coupons at web sites designed to help you save money. My
friend Brian Lewis offers this advice, “Shop and find the best deal on
what you want, then go looking for a coupon to bring the price down even
further.” An interesting note is that Brian says he feels cheap when he
uses a coupon in a brick-and-mortar store but not when he’s buying
online.
Online Coupon Sources
The
following sites are great sources for finding promotional codes and special
offers that can save you big bucks:
www.ableshoppers.com
www.coolsavings.com
www.couponcabin.com
www.couponmountain.com
www.currentcodes.com
www.dealcatcher.com
www.dealhunting.com
www.dealtaker.com
www.fatwallet.com
www.hotdealsclub.com
www.shoppersresource.com
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First-time customer discounts and specials.
Many e-tailers offer special deals to customers making their first
purchase. Those deals might be a discount of a flat amount or a
percentage on that purchase, a coupon for discounts on future purchases,
free shipping, a free gift, free gift-wrapping, or whatever. If you’re
making your first purchase from a particular merchant, check around the
site to see what sort of bonuses are available.
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Free or reduced shipping.
In general, the buyer pays the shipping for online purchases, but
merchants often offer specials on their shipping rates just as they do
on their products. An increasing number of merchants are offering free
shipping, or free shipping with purchases over a certain amount. A site
I buy from occasionally offers special shipping deal of 99 cents during
a specified period, no matter how much you order. A friend of mine
orders regularly from a few sites that periodically offer free shipping;
she waits to make all of her purchases from those sites for the time
when she won’t have to pay shipping.
-
Have your entire order shipped together.
If you’re buying more than one item from a site, it’s possible things
will be available at different times. Some sites charge the same total
amount for shipping regardless of when various items go out, but some
sites charge more if they have to make separate shipments. In those
cases, requesting that everything in your order be shipped together can
save you money. Also, if you’re not in a rush and the site offers
shipping choices, choose the slowest -- it’s usually the cheapest.
-
Get on merchants’ mailing lists.
Many merchants will ask if you’d like to be on their mailing lists. If
this is a company you expect to buy from again, say yes. You’ll get
notices of special sales, clearance items, coupons, and other special
offers.
Reprinted from Online Shopper's Survival
Guide by Jacquelyn Lynn. Published by Entrepreneur Press.
Copyright © 2006 Entrepreneur Media Inc. August 2006; $19.95US;
1-59918-024-3.
About Author
Jacquelyn
Lynn is a widely published business writer and highly experienced
online shopper. She is the co-author of
Make Big Profits on eBay
as well as numerous titles in Entrepreneur's Startup Series.
Her work has appeared in more than 100 regional, national and international
publications. She is the author of 10 books in Entrepreneur
Media’s business start-up guide
series. In addition, she has ghostwritten several bestselling business books
For more information, please visit
www.jacquelynlynn.com or
www.entrepreneurpress.com.
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