Tips to master the art of saving money online

They say a penny saved is a penny earned. While the adage is a bit worn, it remains highly relevant these days even if a penny won’t take you too far.

So, how does one go about saving all those pennies? Well, if you have access to the internet, then you have all you need to save truckloads full of pennies that you can use for other things.

People from all over the world spend hundreds of billions of dollars at millions of online businesses. They buy everything ranging from ordinary necessities like groceries and clothes to big-ticket items such as vacations, cars, and real estate. And a lot of these savvy consumers have mastered the art of saving money online.

It doesn’t matter if you want to try your luck at a casino, order a pizza, look at how to register Hollywoodbets online, or book a ticket to the moon, you should never have to pay full price. Let’s have a look at some of the top tips.

making money

Comparison shopping

Consumers no longer need to spend a lot of time going from one vendor’s website to the next to manually compare prices.

Instead, they can simply pull out a mobile device, open one of the many convenient price comparison apps, and find the desired item. These apps then find the best price in the blink of an eye. Congratulations!! You’ve just saved some money.

Rewards programmes

Rewards programmes can be quite lucrative, especially if you give that merchant a lot of business. Let’s say that you regularly buy beauty products from Sephora.

Yes, their stuff tends to be pricey, but their rewards program offers significant discounts on your purchases and shipping costs. Amazon Prime members enjoy free 2-day shipping.

It’s worth pointing out that you can save even more money by using a payment method that earns rewards. Most credit cards, major eWallets, and other electronic payment services offer perks like cashback and valuable discounts.

Abandoned cart deals

Did you know that about 70% of all online purchases never actually go through? This isn’t because of technical glitches or malfunctions.

Instead, it’s usually a case of the customer simply not wanting to complete the transaction for some reason. This is what is commonly referred to as cart abandonment.

Because online merchants want you to complete those purchases, some of them offer abandoned cart discounts.

So, if you add an item to your cart and then leave it there, you may receive a special offer from the merchant to complete the sale. Many online retailers like TigerDirect, Bare Minerals, and Shinesty do this.

Bonuses and promotions

Bonuses and promotions are particularly popular at online casinos and sports betting sites. In some cases, welcome bonuses can be worth thousands of dollars.

It’s the same with some regular promotions. When you consider the nature of online gambling, it’s easy to see how such a windfall would benefit your bottom line.

Of course, many other internet businesses offer bonuses and promotions too. Retailers commonly offer things like 2-for-1 deals, discounts, free shipping, and much more.

south african rands

Don’t buy out of impulse

This should go without saying. It’s all too easy to pull out your smartphone and order something that’s caught your fancy. Granted, many people only do this when they have to, but some do it just because they have the urge to spend and it’s so convenient.

One of the best ways to save money is by not buying things that you don’t need. It’s a good idea to think long and hard before hitting that “Buy” button.

You might only need to contemplate a small purchase for a few minutes, but those bigger buys require a lot more thought. Don’t be afraid to sleep on it for a couple of nights. Besides, you might receive an abandoned cart offer.

Online coupons

Do you want to buy some premium coffee? How about a new iPhone? Maybe you want to take the family out for dinner and a movie?

If so, make sure to check the internet for coupons. Loads of sites like SlickDeals, Groupon, and Rakuten can save you tons of money with their coupons and coupon codes. You can easily find discounts for almost anything you can imagine.  

One of the benefits of couponing is that you can search for the coupon after you have already decided to make the purchase. You can then redeem it when you arrive at the cashier.

All of those pennies add up

You will be amazed by the amount of money you can keep in your pockets when you master the art of saving money online.

You thought that shopping online was easy and convenient? Well, saving money is even easier. It might not seem like a lot of money at first, but all of those pennies add up over time.