If it’s on sale, does it have more or less value?
American Thanksgiving is this week and the ads have been on for weeks. Sales, sales and more sales. Sales across the border and sales in Canada too!
The question is: Should you buy it if it’s on sale? What if it’s a really, really good deal?
A great discount can make it very tempting but is it worth your hard earned cash?
I have a couple thoughts:
- Is it on your list? Is it a planned purchase or an impulse buy?
- Is it a need or a want?
- Is the quality of the good or service commensurate or better than the price you will pay?
- Do you really love it?
There are strategies you can use to make sure that you’re buying things that you won’t regret and that you’ll get good value from. Shop with a list, have an idea of the price you’re prepared to pay in mind before you shop and determine your overall budget before going to shop.
I recently saw an ad for a child’s party dress (’tis the season) for $15. It looked great on TV but I imagined one of my girls in it and thought, ‘I don’t think that would last 5 minutes without a rip, tear or seams coming apart’. After I thought about it, I didn’t think it was such good value anymore.
My mom always says that if it’s something you really like, it’s good quality and you’ll wear it often, it’s okay to spend a little more because it will last.
Posted: November 27th, 2013 under CEO of the House, Money & Lifestyle, Money Savvy Tips, Tips & Tricks.
Tags: Budget, Dear Piggy Bank, Money & Stress