Bargain Hunting – NBC’s Today Show how to Save Money Shopping
June 13th, 2006
Great Buys by
On NBC’s Today
Show one of the topics that was discussed was how to be a bargain
hunter. Sue Goldstein, who has 35 years of experience in bargain
hunting, has shared some of her tips. She is the author of “Great Buys
for People Over 50 (How to save Money on Everything)” and also has other titles
related to bargain shopping.
Goldstein visits are Nextag and Overstock. Nextag is a price comparison
website for household goods, loans, and tickets. Overstock is a website
that is a combination of an online auction site and closeouts.
Overstock auctions is similar to eBay in they way they have many
sellers. Other price comparisons not mentioned is Pricewatch for
computer and electronics, Shopping.com and Froogle. There are other
price comparison sites as well.
recommends buying last year’s model. If the item is old without use it
is as good as new. She purchased an eating utensil set for half the
cost because it was last years design.
She also strongly
recommended the website consumersearch.com. This website offers
comparisons of many products. It will get you started on understanding
important features, and if there are potential problems with the
television, reading the newspaper, and listening to the radio can help
alert you to local sales in your area. If there is a store wide
clearance sale there usually is an advertising campaign to let the
customers know of the event.
Goldstein said to
check out the local 99 cents store. These dollar stores often stock an
abundance of closeout items. Inventory changes as they have lots
of closeouts. There are savings hear, but make sure that you focus on
the items that you need. It can add up to a lot of money if you
buy completely on impulse.
She also said that
you should know your prices on the item that you want to buy. If you do
your homework, you will know that you have the best price. That may
mean you will be visiting a couple of stores and browsing on the
internet before making the purchase. Be prepared to walk away from a
sales person if the price is not right.
According to NBC
today, there is 82.3 billion dollars spent on purchases by the internet
in the last year. While there are numerous online websites to buy
almost anything, purchasing big ticket items online can ad up to big savings.
You can get online
airline discounts. If you are looking for a discount on airline travel,
Today show recommended kayak.com, mobissimo.com, and orbitz.com. Be
willing to travel off season or when others don’t want to travel, (think
red eye flight). If you are willing to be flexible on the time and
duration of your trip and you can save big on air travel.
You can purchase
an automobile online too. Websites that Today recommended for auto
shopping was on eBay and kbb.com (Kelly Blue Book). They also suggested
that you can get a discount on a new car by buying a 2006 model starting
now. The later it is in the year the more the discount due to the need
to clear out inventory for the 2007 models.
If you are willing
to wait for last years model you can save a sizeable amount of money
when shopping for you clothes, appliances, furniture, and automobiles.
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