7 Smart Spending Tips from a Shopping Expert

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In addition to writing my own content, I contribute to money-saving articles written by top talent in the smart shopping, beauty, and personal finance space. The post below from StashInvest.com is the latest!

By the Stash Team

It’s shopping season. And if you want to come out with your bank account balances above zero, you’ll need to be smart about your money. Luckily, we have a specialist to give us some guidance and smart spending tips.

It’s shopping season. And if you want to come out with your bank account balances above zero, you'll need these smart spending tips. #smartshopping #spendingtips #shoppingexpert

Trae Bodge, a shopping expert who has appeared on the “Today” show, knows the ins and outs of using credit cards wisely, curating smart shopping lists, and finding good deals at big box stores.

Bodge is sharing her advice for shoppers on our podcast “Teach Me How to Money,” including these seven tips for those looking to save some money.

The following are excerpts from Bodge’s recent conversation with Stash editorial director Lindsay Goldwert, edited for clarity.

7 Tips for Saving Money

1. Never settle.

“A smart shopper is someone who refuses to buy something at face value. If you’re shopping, and you see a price, even if it’s on sale, don’t stop there. There are many great tools out there to help you make sure that you’re getting the best price, or [at least] getting an easy discount.”

2. Give up on clipping coupons—use technology to your advantage.

“Thanks to technology, there are so many great tools out there from apps to browser extensions—you can save money in seconds. I don’t think it’s worth the effort to clip all those coupons.”

[…]

7. If you’re buying for credit card rewards, buy smart.

“[If you’re buying things with cash-back cards], make sure that it’s something useful. Make sure that you’re going to be able to apply it to something that you regularly use.

Also, the majority of cashback cards have a very high APR. So, if you’re not intending to pay that card off every month, you’re basically shooting yourself in the foot with all those points that you’re accruing.”

Get more tips for keeping your finances in order by subscribing to Stash’s “Teach Me How to Money” podcast.

Click here to view the full post on StashInvest.com.