Shopping can often get out of hand, if you like spending and have trouble controlling yourself then shopping can be deadly for your finances. Most importantly you need to stick to your budget, making sure you don’t over spend on your basic expenses. In an effort to help you get through the trials of being an adult, we have put together a few shopping saving tips for people in South Africa.
Shopping saving tips:
Make a list
Always make a complete shopping list and stick to it. If it’s not on your list then don’t buy it unless you really need it. Sticking to a list lets you not only budget but also stops you from getting carried away.
Stay away from premium brands, this doesn’t mean go for the cheapest, but reduce what you can where it counts. Many stores have house brands that is the same quality as name brands but without the expensive packaging and attached status.
Find discounts and deals
Stay in the loop with seasonal sales and discounts on items. Often at the end of seasons for clothing and at the end of the month for food stores, this is the best time to find deals like no other. Just be sure to stick to your list, don’t buy items simply because they are on sale.
Whether between products, brands or stores, always compare pricing to see what the best value for money is. Not only differing between name brands, but often the same stores in different locations will have different prices catering to their main client base. Shopping in Constantia is going to be pricier than shopping in Athlone for the simple fact that the income gap is what it is.
Often we want to reward ourselves prematurely, taking liberties and getting a treat from the shops. Try to push this away, rather delay gratification until you have saved a significant amount or for when you have achieved save-savvy shopping status. Instead of buying one small thing every time you are at the shops, buy something nice at the end of a successful month, or maybe even save up the money over a few months.
If you have trouble keeping a hold of your debt and finances, try a consolidation loan to lump debt together, giving you a better idea of the budget you can work with.
We will be able to offer advice on the suitability of debt consolidation to your specific financial situation, as there are instances where it would prove unsuitable. Our consultants will be able to help you with regards to secured and unsecured debt consolidation, and advice as to which would be most favorable to your outstanding debts. Operating on a national basis, we can also provide you with debt counseling or a debt review in South Africa. As mentioned, debt consolidation could save you on monthly payments and interest rates, which has made it a viable option for many. To find out if debt consolidation in South Africa is an option for you, contact Quick Consolidation Loans today.