How to Not Go Broke in a Rich World

As a follow up to yesterday’s post on how to get by without expensive things you see on blogs, here’s some of my don’t-go-broke strategies:

Have the patience of an angel. Wait it out. The price will go down or it’ll go on sale.

Don’t fear individualism. Do you really have to have something just because everyone else does? Go ahead, be different.

individualism

Be a coupon-o-holic. Chances are there’s a coupon or discount code out there somewhere. Coupons don’t just come in newspapers anymore- Google whatever you’re looking for plus the word ‘coupon’, or try sites like retailmenot.com or groupon.com.

Exploit your neighbors. Know somebody that works somewhere? Ask if they can help you out. (Don’t be crass about it though.) Maybe they can tell you the best time of year to buy a certain product. Perhaps they’re allowed to share their employee discount, or hand out coupons to friends.

sale tag

Be a store-whore. Just because you saw it at Place A doesn’t mean it’s not cheaper at Place B, C, or Z. Shop around. Ask about price matching. Some online stores don’t charge tax in certain states- that can add up! (And there’s often free shipping deals.) Try sites like amazon.com, tigerdirect.com, etc.

Get creative. See if there’s something else you can use or do instead. Maybe there’s something you can compromise with while you wait for something to go on sale. (Like putting new tires on a hybrid bike & pretending it’s a road bike.)

sale

Be selective. Some things just don’t go on sale, and maybe you can’t wait. Pick one or two things you absolutely can’t live without and buy them. Save money somewhere else.

I don’t splurge on everything I see. When I do get nice things, you can bet I haven’t paid full price. I stalk sales, coupons, & deals like it’s my job. (Immediate gratification it is not.)

So if you see a dSLR pop up on my blog one day, don’t call me a hypocrite. 😉

Have any strategies to add?

There’s No Shame in Being Cheap

Some people think ‘cheap’ is a dirty word. An insult.

Me? I take pride in it. I’m cheap and not ashamed to admit it.

Although perhaps “selectively cheap” would be a more accurate description…

There’s been quite a stir going on around blog envy. Expensive gadgets and products that leave you dripping in desire and cause your bank account to go down the toilet every month.

If I bought everything that I wanted I would be broker than a goat. I’m not going to sit here and pretend I don’t want any of those things, but to think you need all of them to be healthy, fit, or a good blogger? That’s a joke.

Here’s some alternatives I use to all that fancy schmancy stuff out there.

dslr nikon coolpix

dSLR: $1,000+                                   Point & Shoot: $100

garmin forerunner timex ironman watch

Garmin Forerunner: $150                   Timex watch: $30

justin's pb smart balance peanut butter

Fancy PB: $6-19                               Semi-fancy PB: $2-3

mizuno wave inspire 6 Mizuno Wave Inspire 5

2010 shoes: $100                               2009 shoes: $50

vita mixdual wave blender

Vita mix: $300                                 Dual wave blender: $25

lightroom picasa

Lightroom: $300                               Picasa: $0

Fancy Total Cheapo Total

$1,856                                               $207

And now I have $1,649 for race registrations. 🙂 If only it actually worked that way….

Come back tomorrow for my strategies on keeping the budget real & still getting (most of) what I want.

What things do you use as an alternative to expensive items?