Smart Shopper - a profile

Let’s look at the profile of a smart shopper. If we're going to be successful at frugal living, we'll need to become one of those smart folks out there in the marketplace.

It's not a big secret as to how some people become well informed shoppers. All it takes is a little practice and a lot of motivation.

If you have way more money than time, forget trying to be smart with your money - just spend it as you need to. If you're like most of us, you don't have money to throw around.

So, you probably take your time and become a good shopper that uses their smarts when making purchases.

Here is the basic profile of a smart shopper who is focused on getting the most from their hard earned money:

  • Shops with a purpose. Deliberate and focused. Turns a blind eye to specials and inducements to buy.
  • Knows the value of things based on experience in the marketplace and knowledge of the product.
  • Strives to spend money where it spends the best.
  • Not afraid to negotiate, haggle, make offers and barter for things.
  • Perfectly willing to walk away from a potential purchase if things just don't add up.
  • Willing to wait for the right opportunity. Doesn't get roped into thinking that a "limited time offer" is anything except a ploy.
  • Deals with a decision maker instead of a flunky.
  • Rarely found at the mall.
  • Eager to deal with private parties in order to find a good product at a good price.
  • Attends auctions and garage sales to find bargain prices.
  • Scans the classified ads in the newspaper and local trading paper to find things that are of interest.
  • Buys little or nothing "as seen on TV."
  • Knows that keeping a hold of their money is better than making a wasteful purchase.
  • Looks to make investments in things more than purchases.
How well do you fit the profile? Are you a smart shopper, or at least one in the making?

Remember, all it takes is a little practice, a few techniques that you feel comfortable with, and lots of motivation to make your money go farther.

Done with Smart Shopper, take me back to Frugal Shopping

There certainly is a broad scope of topics here at Frugal Living Freedom. When you think about it, money permeates so very many activities in our lives, therefore, being frugal encompasses a wide range of interests, from being employed to taking a vacation, and just about everything in between. Enjoy the variety, pick up some new ideas, and start making frugality a part of your signature.

I'm a big proponent of being debt-free, and I mean entirely debt-free - no mortgage payment. It's not essential for financial freedom, but you'll love the feeling once you get there. If you didn't have a rent or mortgage payment, how much more could you do for yourself with your current level of income? I suspect plenty.

If you ever hope to see an abundance of wealth, you need to plug the hole in your boat. The wealthy don't necessarily make lots of money, instead, they know how to hang onto what they make, and make it work for them.