Buy the deal on your time4 of 7"The problem with daily deals is the same as the one you encounter at the grocery checkout: impulse buys," says CPA Stacy Johnson, founder of MoneyTalksNews.com and author of "Life or Debt 2010: A New Path to Financial Freedom.""Daily deal sites work on the human nature of loss-aversion," says Belsky. "They make you think you are missing out if you don't click the 'buy' button. And when you are rushing or high on the deal, you don't think straight about whether you really want the deal or can use the deal. Be especially careful when using these sites as an app on your mobile phone where clicking 'buy' is too easy, and re-evaluate purchasing the deal closer to the purchase time limit. You may find that you have forgotten all about it by then," says Belsky. Related Articles:Don't get suckered by sales10 grocery savings secretsStretching vacation dollars7 retail shopping secretsRelated Links:Curb impulse buyingFight frugality fatigue4 steps to a simpler life8 debit card secrets advertisement
"The problem with daily deals is the same as the one you encounter at the grocery checkout: impulse buys," says CPA Stacy Johnson, founder of MoneyTalksNews.com and author of "Life or Debt 2010: A New Path to Financial Freedom."
"Daily deal sites work on the human nature of loss-aversion," says Belsky. "They make you think you are missing out if you don't click the 'buy' button. And when you are rushing or high on the deal, you don't think straight about whether you really want the deal or can use the deal. Be especially careful when using these sites as an app on your mobile phone where clicking 'buy' is too easy, and re-evaluate purchasing the deal closer to the purchase time limit. You may find that you have forgotten all about it by then," says Belsky.
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