NEW YORK, June 30, 2008

3 Ways To Save Money When You Shop

Clothes, Food Or Fun; MarketWatch's Marshall Loeb Shares Tips On How To Get It Cheaper

(MarketWatch)  Given all the recent economic malaise, there's a good chance you're trying to lower your spending.

One way to do that is to cut back. Another way is to spend smarter. Are you doing everything you can to make sure you're getting the best price?

From Consumer Reports Money Advisor, here are three tips for finding the best price on all kinds of purchases:

Check online first. You can compare prices to make sure you're getting a good deal before you buy. There are numerous online shopping "bot" sites that gather information from a variety of retailers. Popular "bot" sites to check include MySimon.com, NextTag.com, and BizRate.com. You can also search the Web for coupons and coupon codes.

Look for frequent shopper discounts. If you shop regularly at a store, find out whether they offer discounts or some perks to customers who use the store's credit card. If so, it could be worth your while to use their card. Some retailers let their customers sign up to receive special offers by email. Look into this option, as well.

Give alternative stores a try. For instance, Marshall's and HomeGoods may carry the same products as a department store, but at a lower price. You can also look into outlet stores and dollar stores. In any of these alternative stores, you might find prices substantially cheaper than at other places.



By Marshall Loeb
Copyright © 2007 MarketWatch, Inc. All rights reserved
Add a Comment
by RamseyGhan July 3, 2008 3:52 AM EDT
Yes changing our spending habits is the way to save and build wealth. My quest for saving money has led me to become a follower of bargain hunting websites like Unodeals.com. Now I can buy the same things as I used to previously at huge savings. If only I had done this sooner.
Reply to this comment

Exclusive Webshow

Best-selling author Mitch Albom on his first nonfiction work since "Tuesdays with Morrie." Watch Now

Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: