Friday, June 3, 2011

It's not saving if you're spending

Sale's, specials, and package deals often push how much the buyer "saves". In reality, purchasing something on sale is still spending. Saving means putting money in the bank. Sometimes the deals are really good: if you think they are, do the math, consider if you would soon buy it anyway: but if you wouldn't, don't buy. It's still money going out that you would otherwise have kept hold of. The trick with package deals is that they often include something you wouldn't buy normally. If the deal is so good that the things you would buy, ignoring that you get something extra, too, then it might be worth considering, but if you still have to pay some extra to get the extra, there is no savings, only more spending than you would have done otherwise.