It’s hard to resist ‘two for the price of one’ and ‘75% off’ offers, but how can you tell the difference between a good deal and a deal that is just too good to be true?
Always read the fine print
Offers with large discounts or savings on your final purchase often have conditions attached, such as needing to spend a certain amount to qualify for the offer. For example, a ‘Get R500 off when you spend R2,000 or more’ offer means that ultimately you’ll be paying a minimum of R1,500, which you may not have budgeted for.
So always double check the details to make sure you can afford the offer, that it applies to the item or brand you’re buying and that you’re actually saving money on it.
Stick to your shopping list
Sales, discounts and special offers also encourage you to buy what you don’t really need. To avoid going off budget and spending more than you can afford, only buy sale items that you actually need or that you were planning to buy. If the discounted item is on your shopping list, go for it. If it’s not, make every effort to avoid the temptation. Don’t buy something just because it’s a good offer.
Budget and save
If you really can’t help taking advantage of big sales and discounts, add it to your budget. Save a bit of money every month for those big annual sales. Earmark items on a wish list that you really want and then look out for them when the sale comes. If your wish list items are on sale – and at a good enough deal – you will have budgeted for them. And if they’re not, keep looking out for discounts.
Be smart about sales
Don’t just believe what the adverts say – do your homework and shop around to check whether the discount is actually as good as the promotion claims.