The Power of Timing Purchases

Savvy shopping isn’t just about getting a good price.  It’s about picking and choosing what you want to spend your money on.  It’s about planning, forethought and anticipation.  It’s about being willing to “sleep on it” and about returning items that don’t work for you.

Savvy shopping is a skill.  It takes time, but it can be learned and mastered. We’ve already introduced the idea of creating a Spending Book.  It is a powerful tool for focusing your discretionary income on what you truly want.  By adding an item to the book, you are creating an intention.  You have decided that item is important enough to spend your money on.  Soon, it will become your habit to walk into a store and only purchase what you have listed in your Spending Book.

Starting today, adopt the habit of taking a few minutes each week to visit your favorite stores online sales ads.  As you go through ads, consult your Spending Book to see if any of the items you want happen to be on sale.  After we remodeled our home, I had a rather long list of needs and wants for the house.  Each week, I would go through this process and see if anything on my list was featured.  If it was a good enough sale, I would go out and buy it.  By being patient and timing my purchases I was able to save 20 – 50% on the items I needed and wanted.

Think of what you can do with the money you save by systematically shaving 20-50% off all your purchases, simply by timing them and using your Spending Book.  It’s a simple, yet powerful process that in truth – is a lot of fun!