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Have you ever noticed how some people seem to draw bargains like a magnet, while others pay top price for everything they purchase? If there are so many bargains available, why would anyone pay full price for anything? Well, I believe it boils down to several different types of people, and the way they make buying decisions.

A Simple Truth

Whether it’s fair or not, the people who get the best deals are people who have money. The guy who never has a dime to his name will always pay full price or more. As a matter of fact, there’s a whole industry that preys on the penny-less. That’s how credit card companies and cash advance establishments make so much money. They catch people when they’re down, and tack on the interest!

Why do people with money get better deals? Someone who always has money in his/her pocket gets the best deals for a variety of reasons. Here are a few of them:

1. They can buy NOW……..while the deal is hot.
2. If they were to borrow money, they are less risk for a lendor.
3. They will be offered bargains because of their ability to buy.
4. They know needs and emergencies are coming, and they are prepared…..which gives them money.
5. They know standard prices and seek discounts.

So it all comes down to having money. Always having money doesn’t necessarily mean that you make a LOT of it. It just means that you don’t spend every penny you get. It’s important to learn how to carry money in your wallet or purse, and not spend it. If you can do that, there will always be opportunities to save money on purchases. You just have to be prepared to take advantage of those opportunities when they present themselves.

Listed Under: Best Practices, Goals, How To, Money