7 pricing tricks that make you spend more

  • Lev Dolgachov/iStockphoto

    By Renee Morad/MoneyTalksNews

    If you find yourself reaching for a $39.99 sweater or loading up on $11.99 albums on iTunes, you're not alone. The strategy of ending prices with 99 cents has been around for decades and has worked its magic on almost all of us. But it's certainly not the only trick retailers use when pricing products.

    Merchants use a variety of strategies to get us to spend more -- from labeling prices without dollar signs to setting a per-customer limit. And this takes place at all ends of the spectrum - from buying food and toys to cars and houses.

    Whether you're shopping for the holidays or for everyday items, even you could be susceptible to simple pricing tricks, warns MoneyTalksNews money expert Stacy Johnson.

    "While you probably don't stop to consider the pennies on a price tag, let me assure you, your friendly merchant does," Johnson says.

    Click ahead for a look at seven pricing tricks that make you spend more.