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Saturday, December 15, 2007

Ways to save on stuff

TheStreet.com article recommends a new approach to get more out of your paycheck. How? By not buying the items new. Instead of running to the stores to buy new items, the article recommends buying items free or for low cost using sites such as Craigslist and eBay.

When you want something, you go to a store and buy it. That's automatic for most people, it's reflex and intuition all rolled into one. It's also why so many of my friends are broke or owe more money to their credit card issuers than they'll be able to pay back anytime soon. They didn't realize they could get many of the things they wanted without paying for them, or without paying anything like the list price for a brand new piece of merchandise.

As per the article, many people are frequently giving away various items, such as TV and furniture. For example, in colleges, graduating students don't want the hassle of moving their furniture and so, they are very inclined to give it away. Similarly, instead of buying books people can get them for free at local and school libraries.

Although many other magazines and financial sites have recommended such things before, this article is a good reminder on how to save. One of my friends has gotten TV, couch and various items for free by checking out free listings on the internet. In many cases, the quality of those items is good although they don't look brand new. However, the thing is that instead of saving by not having an item at all, you still get to have the item except that it's not new. So definately, for many things, such as baby toys etc that are meant for short term use and yet very expensive, it's not a bad idea to get those items for free from people who are giving them away.

For complete article, see:

TheStreet.com: What's Thrift Got to Do With It?

Labels: frugal

posted by Ruby @ 5:13 PM

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