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7 Money Saving Tricks That Never Work

Cut the cost of shopping for groceries, buying in bulk and visiting the dentist, by learning the money saving tips that never work.

By Paul Michael From Readers Digest Magazine, May 2012

1. Getting Suckered Into Buy-One-Get-One Deals

BOGO, when it’s genuine, is hard to resist. But even then, whether it’s BOGO free or BOGO half price, you have to stop and ask yourself, would I really have bought this much of this item at this price anyway? If you’re shopping for jam and see BOGO free on jam, that’s probably a great time to stock up. But if you’re looking for a new pair of sneakers and see BOGO half off, stop and think. You went out looking to spend $60 on sneakers. Now you’re spending about $100 after taxes. Did you even want two pairs? Will you wear them both? Do you even like the second pair?

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Published in : Home & Garden » Money

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