Are You A Strategic Shopper?

Tips For Savvy ShoppingSeptember 14, 2012

This week on Money Wise, we’re all about sharing our favourite shopping tips and tricks. After all, who doesn’t love to score a fantastic deal for less? Heck, some people will even leave the country for their smart shopping fix.

Whether you’re looking to tame unnecessary daily spending, or ways to score the ultimate discount, we have tips for helping you get the most for those hard earned dollars.

Save Money With Cross Border Shopping

How far would you drive for a really great deal? Hitting the American outlet malls can reap huge savings on brand name merchandise and access to products not available in Canada.

Before you grab your credit card and head to the border, beware – strict duty rules, gas costs (not to mention discount-fueled shopping madness) could leave you strapped for cash instead of saving it.

Read Diane’s Blog | Save Money With Cross Border Shopping

Fight The Latte Effect

A recent study has shown Canadians’ disposable income is steadily shrinking. The culprit: those daily small indulgences pack a punch to your wallet over time!

We’ve got ways to get frivolous small spending, coined “the latte effect”, under control – and we’ve thrown in some daily savings tips for good measure.

Read Allan’s Blog | Fight The Latte Effect

Daily Deal Sites: 7 Tips

Are you aware of the money pit lurking in your inbox? Deal of the day sites may offer eye-popping discounts too low to pass up – but snapping up those deals isn’t always a smart money move.

We’ve got seven things every online shopper should know to take advantage of a great deal – not the other way around!

Read Melanie’s Blog | Daily Deal Sites: 7 Tips

And in this week’s headlines…

Mobile Banking: Changing The Way You Pay

Wallets are poised to become a relic of the past, as mobile banking apps such as Google Wallet and Isis become more popular ways to pay for bills and everyday purchases.

Read Rubina’s Blog | Mobile Banking: Changing The Way You Pay

Buying My First Stock

Our online trading newbie has purchased Dollarama as her first stock. Read on for the factors and analysis leading up to the big buy. Are we in for earnings?

Read Penelope’s Blog | Buying My First Stock

Canadians Are Strengthening Their Savings Habits

Looks like Canadians are starting to heed the warnings swirling around household debt: An ING Direct Survey finds Canadians are in better financial standing compared to 2011, with one third saving at least $1000 every year.

Read Andrew’s Blog | Canadians Are Strengthening Their Savings Habits

The Return Of The 2.89 5 Year Fixed

The 2.89 Five Year Fixed Rate Mortgage has returned, available in Ontario, Northwest Territories and Yukon, and available only for high-ratio mortgages. It’s sure to be a hit with the first time home buyer crowd – but how long will it stick around?

Read Penelope’s Blog | The Return Of The 2.89 Five Year Fixed

Canadian Trade Deficit Hits Record High

Canada’s trade deficit has hit a record high, according to Stats Canada numbers for July. What does the increase, which is due to a weakening export industry and U.S. trade relations, mean for Canadians and the overall economy?

Read Andrew’s Blog | Canadian Trade Deficit Hits Record High

HELOCs Capped At 65 Per Cent

Canada’s trade deficit has hit a record high, according to Stats Canada numbers for July. What does the increase, which is due to a weakening export industry and U.S. trade relations, mean for Canadians and the overall economy?

Read Penelope’s Blog | HELOCs Capped At 65 Per Cent

You Answered!

This Week's PollThis week, we asked Canadians:

What’s your favourite savvy shopping strategy?

74.6 per cent of polltakers say they conquer the pricey things in life with coupons and daily deal site offerings.

22.2 per cent say they favour out-of-season sales to stock up big time on their holiday or seasonal needs.

8.3 per cent of you think a great discount is worth the drive to a border outlet mall.

Related Topics

Lifestyle / Personal Finance News / Your Budget

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