With the rising cost of living, South Africans are always looking to squeeze a few extra rands out of their budgets. Shopping for groceries, household essentials, clothing, and gifts are where you may be likely to feel the pinch. The stores you visit are great at having you spend more, especially on things you don't need. Don't fret! There are some easy ways to save with these smart shopping tips.
Write your list - and stick to it
Having a clear idea of what you need to buy will stop those pesky impulse buys from sneaking their way into your basket. Whether you have a list on the fridge or a fancy digital version on your phone, have a system in place that helps you buy only what you need. You can take it a step further by also setting a budget, so you also don't overspend.
Compare and conquer
Do your research before swiping your card, and you'll reap the rewards. If you see a product you like, compare the price online or check with friends and family if a better deal is available. It's also a good idea to check reviews for any new purchases. That new pair of pants, for example, may look great but the fabric could wear down after a wash. Get feedback online and save yourself from having to buy the same item again.
Buy in bulk the smart way
Consider items that you use on a regular basis, and then buy them when you go on special. When it comes to food, you should bulk-buy groceries that have a long shelf life. Or, look for recipes where meals can be cooked in large amounts and portions frozen for later use. Just be sure to do the math; some single items can work out more cost effective than bulk quantities.
Join forces with family and friends
Sharing is caring and also good for the bank balance. Carpooling with others to shopping centres can save on costs. You can split bulk buys and have an extra set of eyes to pinpoint bargains. You could even swap items; you may only need a pinch of black pepper from their jar and they might need just a few tea sachets from your bag.
Use discount websites
You can pick up a number of great deals with a quick search. Here are some popular local websites:
Another good way to secure a favourable price is to sign up for a store's newsletter or download their app. You can also follow them on social media. You could wind up learning about a flash sale or offer that can help you save even more.
Sign up to loyalty programmes
While some may scoff at loyalty schemes, you can nail down huge savings if you continue to support the stores behind them. The major food retailers like SPAR, Checkers, Woolworths, and Pick n Pay, for example, all have a rewards system that can get you personalised deals or points to spend towards items. By combining it with your bank's rewards programme, you can score even more savings.
Overcome retail psychology tricks
Shops want to make money, and they can employ some tried-and-tested ways to make it happen. By being aware of them, you can wise up and shop carefully:
With some care, you can ensure your shopping experience is a pleasant one that doesn't clean out your bank balance.
Shop in a good mood
If you're tired, hungry, or emotional, you could be inclined to make purchases for items only needed at that moment. Energy drinks, junk food, or a new pair of shoes to pep up your mood can seem like a great idea. But, the expense incurred is not worth it. Rather, shop when you feel rested and relaxed, so you won't make purchases that will add to your bill.
Make your savings count
Every rand has the potential to become an investment in your future. You could channel your savings towards a deposit for a home or rental property. And for that, Kellaprince Properties are here to help! View our properties for sale or properties to let, and get in touch.