Five Questions to Ask and How They Will Save You Money

Posted on 09/11/2009

Ever heard of the saying, "there’s no such thing as a stupid question"? That’s especially true when it comes to finding deals and saving money. In fact, asking a few key questions can actually save you big bucks. Here are five questions to ask and how they will save you money.

Question: Is that the best price you can give me? - It seems simple, but sometimes this question can save you a lot of money. This question is best posed at contractors, car salesmen or when making big purchases. Don’t feel cheap by asking for a better price—consider yourself a savvy consumer who would rather save money then spend it unnecessarily on insulation, countertops, appliances or whatever your purchase may be.

Question: Can you take anything off the price because of this flaw? - Pointing out flaws is a great strategy for saving money. Is there a button missing, a small scratch or open packaging? If the defect is small enough for you to not really care, but big enough for the cashier to consider striking a deal then go for it. The store knows they may be better off taking ten to twenty percent off the price rather than waiting for another customer to come along and buy it.

Question: Will this be going on sale? - If the item you want to buy is currently sitting at regular price, ask when the store plans on having a sale. They might not be able to give you specifics, but at least you’ll have an idea of whether the price may drop. Best case scenario? The salesman tells you to come back tomorrow when it will be marked down.

Question: Do you accept competitor coupons or price match? - Knowing a store’s policy can be very valuable information to have. Many big box stores, from home improvement chains to office supply stores, offer price match guarantees. Some even beat competitor’s advertised prices by ten percent. That means with a little knowledge and a bit of research you can be on your way to saving a lot of money.

Question: Do you offer cash discounts? - Sometimes arriving to a store with cash in hand is very appealing. It can even help you get a better price on a product. Go ahead—make an offer. You never know what kind of deal you’ll be able to score.

By Alison Storm

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