How to Save money while shopping

How to save money while shopping 

Hello guys and welcome to my first blog in which I will be trying to solve a problem of overspending or buying the goods not needed. Shopkeepers use certain techniques to manipulate your mind like

• Using prices which seems less but is not, prices like 299, 999 and 4.99 seems much less than the nearest roundoff but it is not as it seems it is a very minor difference but it will result into their profit.

     

     

To solve this situation one must not see the price first, means that one at first glance at a product should check the utility of the product then see the price it is more or less.

     

In economics, there is a term known as the opportunity cost i.e. thing which you give up to do the other thing so in the above example it will be costs like $899 which you will be giving up to an unnecessary thing or the thing you are most probably buying because it looks cheaper.

Look at the utility and satisfaction you will be getting by using it not by having it.

So next time you go on to buy something think about its use if it will be utilised within a week or two buy it.