7 Tips That Will Keep Bargain Shopping From Leaving You Broke

August 3rd, 2017


Everybody loves a bargain, but it’s no bargain when shopping for them leaves you broke.

Do these statements sound familiar?

  • Grab it now! Tomorrow it will be gone forever.
  • Nothing haunts us like the things we didn’t buy. Don’t be haunted.
  • There is one left. It’s on sale. It’s in your size.
  • A good friend goes bargain shopping with you. A true friend helps you hide it when you get home.
  • I could give up bargain shopping – but I’m not a quitter.

In honor of National Bargain Hunting Week, consider these 7 tips for finding bona-fide bargains:

1. A deep discount may not be a bargain. If you already have 10 pair of running shoes, buying another pair at an 80 percent discount is still spending money you could use for something else. Bragging rights that you got a $250 pair of shoes for $50 may stroke your ego, but that $50 could have been used to buy a gift for a loved one.

If you were to add up all the money you spent on stuff you really don’t need, just because it was a killer price, you might be surprised. Always ask, “Even though this is a great price, do I really need it?”

2. It’s not a bargain to get a good price on something you won’t use. You find a killer deal on a high-end toy like a snowmobile or waverunner. You bring it home and realize that you might only use it once or twice a year and you’re stuck storing it in your garage, taking up space. For light use it would have been a better option to rent. Always ask, “Will I really use this?”

3. Put a budget on your bargains. Let’s say that over the course of a month because of your savvy bargaining you buy $3,000 worth of stuff but only spend $1,000 on your credit card. What if you don’t have $1,000 to pay off the credit card balance? Now you’ll be paying interest on your bargains. If you are paying minimum payments, it may end up costing you more in interest than the full price for your purchases.

You can avoid this problem if you put a limit on how much you will spend each month. For example, if you budget $100 for clothes you can get as many bargains as you want as long as you don’t spend more than $100. Bargain shopping without a budget is always more fun, but not overspending will limit your fun to what you can afford.

4. Cheap is not a bargain. Sometimes there is a reason that something sells for a low price – it’s quality is poor. Something that costs twice as much but lasts five times longer is the real bargain. Always ask, “Is this selling for cheap because it is a deal or because it is just cheap?”

5. Think out of season. If you are going to need something in the future, buy it out of season for the best price. Buy Christmas wrapping the week after Christmas, not the week before. Buy a lawnmower in January, not May. Buy those skis in June, not December. This is an especially good technique for shopping on Craigslist or KSL.com. Fewer buyers are looking for out-of-season items, so you should be able to get a better price.

6. Take the low hanging fruit. If you are going to spend money on a product or service, why pay full price when you don’t have too? With Zions AmaZing Deals you can receive up to 10, 20, or 50 percent cash back simply by shopping with participating Utah, Idaho, and national merchants using your Zions Bank credit card or debit card. Businesses are happy to offer these discounts to get your business. Download the Zions AmaZing Deals app to your smartphone so you don’t miss out on these easy savings.

7. Everything can be a bargain. Just because something has a price tag on it, doesn’t mean that is the price you have to pay for it. Ask the seller, “Is that the best you can do?” or make the comment, “That’s not good enough.” If the option is that you might walk away, the seller may lower the price to save the sale. If the seller lowers the price, you spend less of your money. If the seller won’t budge, it hasn’t cost you anything to have tried. If you never ask for a bargain, you won’t ever get one, but every time you ask, you have a chance at getting a deal.

Now go out and bargain hunt the smart way.


  1. Lorine HansonAugust 30, 2017

    These are tips I have always known….but hard to put into practice. I am a thrift shop and yard sale shopper. My greatest treasures have come from thrift shops…like a five foot cement/resin fully round and suited Santa Claus in magnificent colors sitting on a bench. Just $25.00 from Deseret Industries.. It is a Christmas highlight and makes everyone of my friends and family laugh when they see him sitting in my living room all year around. He just makes me happy. I call him “my boyfriend.”

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