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Money Lessons to Become a Smarter Shopper
We all like to save money and snag a good deal, but in order to become a knowledgeable shopper, you need to learn a few basic money skills. 

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April has been dubbed National Financial Literacy Month in an effort to promote financial responsibility across the nation. Money expert Andrea Woroch offers the following tips for becoming a more savvy shopper. 

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Do Your Homework

Whether you’re looking for a new car or shopping for groceries, don’t go in unprepared. Check out consumer review and coupon websites and apps to help find and locate the best deals.

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Tip – Credit Card Purchase Confirmations

Think Before You Swipe

Just because an item is on sale doesn’t mean you need it. Before buying a sale item be sure to evaluate whether you really need it to avoid buyers’ remorse.

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Haggle for a Better Deal

You won’t be able to negotiate the price of gas or a loaf of bread. But when looking to buy big-ticket items like cars, electronics and jewelry, prices tend to be up for discussion. Find an employee who is able to lower prices, put your game face on and strike deal.

(Reuters)

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Ignore Extended Warranties

According to Consumer Reports, most major appliances don't break within the extended coverage period, and if they do, they average price of repair costs tend to be the same as the warranty itself.

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Don’t Fall for Store Cards Deals

The extra percent off your purchase is tempting, but another credit card can do more harm than good to your credit score and debt picture.

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Pre-Owned is No Longer Used

Thanks to technological advancements and better repair expertise, buying certain items like electronics and clothes might make more financial sense to buy used or refurbished.

Money Lessons to Become a Smarter Shopper

We all like to save money and snag a good deal, but in order to become a knowledgeable shopper, you need to learn a few basic money skills. 

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