Hi! I’m Josh Elledge, the Chief Executive Angel of SavingsAngel.com and welcome to the SavingsAngel show! I’m podcasting to you from Orlando, Florida, where Podcast Movement 2019 has just wrapped up.
I am an extremely busy consumer expert, money-saving advocate, syndicated newspaper columnist, and the guy that turns digital entrepreneurs into media celebrities with UpMyInfluence.com. I love what I do and can’t wait to get going on today’s episode.
In order to help you save more, earn more and live more abundantly on today’s show I’ll be covering:
How to Change Your Shopping Habits to Save Money
Love Going Out? I’m going to give you $100 right now in this show.
How to get paid for watching videos
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How to Change Your Shopping Habits to Save Money
You watch the grocery budget, shop sales and use coupons when you can. But, somehow, you still can’t seem to lower your family’s food bill. You don’t know what else to try. Good news, I might know what’s happening. You could have some shopping habits you aren’t even aware of. I’ve created a little quiz to help you to identify them and I’ll give you suggestions on how to change your shopping habits to save money.
Question #1 - Do you feel trapped into shopping the same store(s)? If you answered yes to this question, you might have a bit of a mental block in how you think about shopping.
Question #2 - Does your nose wrinkle up when people suggest buying things like bread from the dollar store? If you admitted you do (or if your nose wrinkled just reading this question), you probably have built up expensive biases without realizing it.
Question #3 - Do you find yourself drawn to how packaging looks, rather than choosing products by the content, volume and quality? If so, you might fall victim to impulse or justification buying more often than you realize. (I’ll explain justification buying below.)
Question #4 - Do you look into your pantry, fridge and freezer and regularly end up throwing food away? If that’s you, your buying habits aren’t matching your eating habits, resulting in pricey food waste.
Now let’s fix these...
Recommendation #1 - To get out of a “store rut” (shopping the same place), be open to exploring your area. Throw away the idea that you can only go to {insert store name of choice} for {insert item you always buy}. Why? There are smaller places that hold some of what you need and you may have never even considered them. Here is an anecdote that demonstrates this:
Last week my friend ran into Walmart to grab a small list of specific items. As she entered the store, she nearly laughed out loud. There, parked in front, were two identical carts of shelf-stable groceries, wrapped tightly in plastic wrap. Adorning the fronts were the price totals; what you would pay buying at Walmart or at a “local competitor”. The totals were both over $100 and the amount separating the two was a mere $5 and change. This marketing display was intended to instill confidence in Walmart’s “always low prices” - but it didn’t. In a quick glance, my friend noted several items she knew she could purchase elsewhere and come nowhere close to paying $100 for the half-full cart of groceries. Furthermore, it completely ignored any store sales and coupons shoppers can take advantage of at other grocers. Save a mere $5 on over $100 in groceries? No, thanks, I can do better than that, Walmart.
Recommendation #2 - Conquer your biases to really save money. As mentioned in the acetadote above, my friend knew she could buy several of the items at a local discount (aka salvage grocery store) for half of what it cost at Walmart. If your nose just wrinkled again, let me encourage you to check smaller stores before you just assume the quality is bad. I assure you, it isn’t. Smaller grocers can save you up to 50% and it’s the same products sold at the “big names”. To get you started, reflect back to our original Question #2. Many dollar stores (Dollar Tree...
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