Retail Tricks That Make You Spend More Money, Part 2

Last time, I began reminding you of the common yet tricky retailer strategies that you will be facing now that the holiday season is actually here. Trick or treat doesn’t just apply to Halloween now that it’s in the rearview mirror for a while. The retailers like to extend that into the entire November-December shopping time frame and that translates into what is the only and/or most profitable time of the year for 99% of them. The war they wage and win is no accident. Don’t be fooled into thinking it starts on Black Friday and ends on Christmas day. Thinking that November doesn’t really matter when it comes to wheeling and dealing is wrong. November has many promotions waiting to tempt you from Veterans Day promos to “pre-Thanksgiving” and even more yet to be named.

It may be difficult to go out shopping and not spend a lot of money, but these retail tricks are making it even harder. Here's what to look out for.

We covered five ways they fight to get your money on Tuesday. Here are five more that you will be up against so you should be ready to deal with them before you shop the 2018 holiday season! Continued…
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Retail Tricks That Make You Spend More Money, Part I

Happy Halloween! My wife and I just returned from our annual candy shopping to prepare for the trick-or-treaters who’ll be knocking on our door tomorrow. Yes of course we have waited until the last possible moment, couponed, loyalty clubbed and sale’d our way into the event as per usual! Ok, we’re a little bit obsessed with savings and that’s because we normally don’t stock up on Milky Ways and Snickers bars. Not that we don’t love our candy bars and treats. It’s just that between the two of us we’ve probably reached our quota allowed of them, and shamefully I reached my lifetime allowance of them in 1997. Thank goodness that the number of kids are growing in our neighborhood and we will be generous so hopefully no leftovers to tempt us. Suzanne won’t even let me open the bags until at least noon on October 31st!

It may be difficult to go out shopping and not spend a lot of money, but these retail tricks are making it even harder. Here's what to look out for.

But, truth be told, Halloween shopping is just the first of the many battles you will face over the next 60 days! The real shopping war is on right now and retailers are preparing to get every penny they can from you and here’s how! Continue reading

How I Cured My Money Worries…And You Can Too!

Worrying about your money can get downright scary and depressing. Facing our fears about our financial situation can be stressful even when you just start to think about them. But there’s a better answer to your money worries than just lying in bed at night fretting about bills you need to pay, dodging the phone calls from collection agencies, and avoiding opening your mail just to see more bills because you’re too scared to even look at them.

Like everyone else, I have money worries, but I used good financial practices to "cure" them. If you're ready to be free of your money worries, read on.

When it comes to finances, if you’re spending too much and living beyond your means, you will become stressed to the max. Not being completely honest with yourself about where you are financially and even worse, not knowing where you are at financially will cause you to have a hard time in exercising any self-control when it comes to your spending. You will pay a huge price for that. Continue reading

What Does the Price of Oil Have to Do with the Price of Tea?

“What’s that got to do with…?” is an expression that is often used to show an irrelevance or non sequitur in a subject of discussion you are having. It’s an idiom and in its most common form like this, it is a retort to an irrelevant suggestion. I find myself saying it often these days but in reality, I really shouldn’t say it.

The price of oil is rising and while there isn't much we can do about that, we do need to do something to prepare for the costs that will rise with it.

 

Economic discussions draw conclusions that every economic action somehow affects everything else that happens economically. The idiom in my example is trying to say that the “price of tea” is the farthest logical connection from the price of oil and is a sort of butterfly effect (the butterfly effect refers to the concept that small events are causes that can have large effects on us all). But is it? Well, surprise, surprise, surprise as Gomer Pyle said over and over again back in the day! Continue reading

Credit Cards Can Really Rock and Here’s Why!

One of the warnings that personal finance gurus often give is “be very careful with your use of credit cards”! I’ve said it myself and the reason why is that so many of us are just so damned cavalier when it comes to credit card spending. We lack self control, overuse our credit cards, fail to track our spending, buy impulsively, and either can’t or won’t be able to pay for that overspending. When all of that occurs, it causes a spiral into high interest payments, growing debt, damaged credit ratings, and eventually a possible financial disaster! Danger, Will Robinson, danger!

Credit cards offer lots of benefits if you know how to manage them, but credit card bonus offers may be the best benefit of all.

But, hold on a second, please. To be fair (and smart), credit cards are not evil in concept. In fact, credit cards can really rock and let me tell you exactly why! Continue reading

9 Steps to Get Your Finances Back on Track

For today’s guest post on getting your finances back on track, please welcome fellow personal finance blogger Marc from Vital Dollar.

Many of us find, at least at some point in our lives, that our financial situation isn’t as strong as we’d like. For most people, that means debt and maybe even poor spending habits.

When you need to get your finances back on track, here's a step-by-step process to making things work, including how to achieve your goals in the future.

It could be student loans, car loans, credit cards, medical bills, or some other type of debt. Regardless, if you want to take control of your money and get your finances back on track there are some steps that you should take. Continue reading

How to Save $25,000/Year Just By Retiring!

One of the things that always worried me before I retired was that I couldn’t honestly figure out what I would actually need to live on after I stopped getting my weekly paycheck. In other words, what would my retirement expenses be?

When planning your retirement expenses, don't forget that there may be some savings too. Here are 10 expenses that will disappear or shrink in retirement.

Almost all of us dream of the day we can stop working for good, but we all still worry about our finances and that can cloud even the sunniest visions of retirement. What will be and how will you cover everyday expenses when you no longer can count on a payday? Fortunately, there are some costs that actually do go down or simply disappear once you quit the daily rat race. That really helps you add some bucks to your new budget and keeps your standard of living from crashing down on your head when you start depending on your retirement savings and Social Security for most of your spendable funds. Continue reading

Why Did God Make Our Heads Full of Red Wires?

Hello out there. Yes, I’m talking to you. You, the totally responsible adult in the room, right? You, the guy or gal who has a real household budget and tracks all expenses you have to the penny every month. You, the responsible person that has an up-to-date will and all of your insurance policies are completely in order. Oh, and since you are that responsible person, you also have been maxing out your 401(k) contributions at work since you first became eligible and saving diligently for your retirement too. Yeah, right.

Our heads are full of red wiresL psychological traits that make it difficult to be financially responsible. Knowing what we face makes it easier to succeed.

Most of us know what we ought, should, must, and are required to do that makes perfect sense to ensure our financial success, stability, and security now and in our future lives. The problem is that few of us actually follow through and do it all.

It’s kind of like trying to assemble something electrical or diffusing the wiring in a bomb and seeing that all the wires are the same color, no blues, or whites, or greens, only red wires. The instructions clearly warn you to avoid those red wires, but there you are staring at them and they’re all red! Why did God do that to us? Continue reading

5 Dangerous Terms That Make You Spend Your Hard-Earned Money!

I sometimes have said that you can blame Ralph Nader for all the mistrust people have in big business today. Those seeds were sewn a long time ago when Mr. Nader was a major factor in protecting consumer rights (you can check it out here if you’re too young to remember!). But whether you recall his consumer activism days or not, there were and still are some very good reasons to have mistrust even today. Advertisers often use misleading ads to separate you from your hard-earned cash.

Retailers use dangerous terms and misleading ads to separate you from your hard-earned money. Learn their tricks to keep your guard up and your money safe.

 

We’ve all heard and seen those retail ads on TV and radio, in newspapers and magazines, or in our e-mail inboxes that make unbelievable claims and promises. Think phrases such as “it’s totally risk-free” or “thousands already saved on this amazing offer”. You know what I am talking about here. That too-good-to-be-true ad copy that frequently grabs your attention and makes claims that fundamentally and even deliberately mislead you! Continue reading

Supermarket Savings with Shop at Home Services

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A few years back, I wrote about a growing phenomenon sweeping the nation when shopping from home for food and groceries was starting to boom. It has done nothing but continue to grow and there are no signs of it going away anytime soon. In fact, you would be hard pressed now to find a major grocer who isn’t building their shop at home business. Until store pick-up and home delivery is replaced by the ability to “teleport” groceries from stores right to your kitchen table, it’s going to continue to be a popular option for all of us!

Have you tried to shop at home (SAH) for your groceries? Most retailers offer this option for home delivery or store pick-up and it can even save you money.

The Process of Shop at Home (SAH)

The ability to “shop at home” (SAH), to order your groceries online or through mobile apps, has been an incredible time saver and in many cases a cost saver, too! It’s generally the same prices you pay in the store, including all of the weekly sales and special pricing (although some stores do have different pricing). It may even be more advantageous on the SAH listings depending on which items you buy. You still use your savings/loyalty card to obtain the best deals, and you can use all applicable manufacturer’s or store coupons to maximize your savings. Continue reading