smart spending

Stop spending more than you planned

Bankrate Audio » Stop Spending More Than You Planned

Listen to audio

Editor's note: This is a transcript of the audio file.

We've all heard the carnie-barker radio ads screaming “the more you spend, the more you'll save.” But it's easy to get sucked in, and spend more than you bargained for. I'm Taylor MacDonald with your Bankrate.com Personal Finance Minute.

With e-mail deals, smart phone apps and warehouse clubs, it's not hard to find great deals on your favorite products, but that's exactly what retailers want. Promotional emails are one way stores like to get customers on the hook. A fear of missing out drives people to spend where they normally wouldn't or shouldn't. The same is true in warehouse stores. A great deal on a bulk item that you'll never use all of isn't such a great deal after all. Be wary of perishable food items with a short expiration date. If you buy 10 steaks, but 5 go bad, you have paid twice as much per steak. There's nothing wrong with couponing to save money, just don't go overboard. A good rule of thumb is if you never would have bought it outside of the sale price, you're probably better off not buying it at all. And for more money saving tips, just visit Bankrate.com. I'm Taylor MacDonald.

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 3.99%  0.09 4.08%
15 year fixed refi 3.07%  0.11 3.18%
10 year fixed refi 3.13%  0.08 3.21%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.32%  0.02 4.30%
50K FICO-based HELOC 3.98%  0.02 3.96%
100K FICO-based HELOC 3.83%  0.02 3.81%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.75% --0.00 2.75%
48 month used car loan 2.99% --0.00 2.99%
60 month new car loan 3.18%  0.02 3.20%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.99% --0.00 0.99%
2 Year CD 1.22% --0.00 1.22%
5 Year CD 1.87% --0.00 1.87%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.76% --0.00 15.76%
Cash Back Cards 16.44% --0.00 16.44%
Low Interest Cards 11.04% --0.00 11.04%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us