Making major purchases

Ever buy something big and then regret it later?

To be a highly satisfied buyer:

A man with his hand on his chin looking contemplative.Consider your needs
Is this item something you want or truly need? Ask yourself what needs you’re trying to fill by making this purchase.

Check your budget
A woman putting a one hundred dollar bill into her purse.Decide how much you can spend on this purchase and still cover your other expenses. Watch for sales and special offers. Depending on the item and the store, you may be able to negotiate the price.

Research first
A woman reading a product’s label.Inspect and try before you buy. Research product claims. Ask others for advice. Determine when, how, and where to buy the item to get the most for your money. Check warranties carefully.

Comparison shop
A person using a laptop to shop the Internet.Shop around by Internet to save you time, effort, and transportation costs. Compare ads in newspapers and catalogues. Call three stores to compare prices, models, and return policies.

Shop for value
Remember: your goal is best overall value, not just the lowest price. Look for the features and quality you want, good customer service, a fair price, and a flexible return policy.

Read more about shopping and spending tips.

Click the Next button to continue.