We all love to buy new stuff, but are we doing it the right way? If you’re like most people, you’re probably not doing everything you can to maximize your profits when you shop and invest. And that’s a shame! By using these 7 tips to guide your shopping and investing decisions, you can add hundreds of dollars to your budget every year – sometimes even thousands of dollars! Let’s start now
1) Build a wardrobe of basics
When it comes to building a wardrobe of basics, there are a few key pieces you’ll need. A well-fitting pair of jeans is essential, as is a versatile blazer. You’ll also need a few good tops to mix and match with the rest of your wardrobe. Investing in quality pieces that you can wear for years to come is always a smart move.
2) Know your worth
As a smart shopper and investor, you always want to get the most bang for your buck. But how do you know if you’re really getting a good deal? By knowing your worth, of course! Here are a few tips to help you determine your worth and make smart shopping and investment decisions
1) Consider what something is worth to you – If it doesn’t have any meaning or value to you then don’t buy it.
2) Consider what something is worth in general – The best way to figure out this number is by looking at its value online or in an appraisal book.
3) Shop around for the best price – Don’t settle on just one store or site when looking for a product; compare prices and deals from many stores so that you can save as much money as possible.
3) Create outfits with what you already have
1. Clean out your closet. Get rid of anything you haven’t worn in the last year, don’t love, or doesn’t fit. This will make it easier to see what you have to work with.
2. Make a list of gaps in your wardrobe. What do you need? More work clothes? A party dress? Comfortable shoes? Once you know what you need, you can start shopping with purpose.
3. Shop your own closet first.
4) Look at shops as places to learn about trends
There’s more to shopping than just buying things. When you shop with an eye towards profit, you’re also gaining valuable insights into current trends. You can learn a lot about what’s popular (and what’s not) by paying attention to the items that are selling well in stores.
5) Set aside time to window shop
If you want to be a smart shopper and investor, you need to set aside time to window shop. This means taking the time to look at all of your options, compare prices, and find the best deals. It’s also important to remember that not all investments are created equal. You need to find the right balance between risk and reward that fits your individual needs.
6) Use social media wisely
When it comes to shopping and investing for profit, social media can be a powerful tool. Used wisely, social media can help you find great deals, track down hard-to-find items, and even get tips from experts. Here are seven smart ways to use social media to boost your shopping and investing profits
1) Follow reliable sources on Facebook or Twitter.
2) Like retailers’ pages to keep up with their latest offerings.
3) Ask followers on Facebook or Twitter if they know of any new products, sales, or specials at stores you shop at regularly.
4) Share photos of products you like on Pinterest to let people know what catches your eye—you might inspire them to buy something new! 5) Check out the local store’s website before heading there—you’ll have an idea of what’s in stock before going into the store.
6) Comment on retailers’ posts if they share deals that might interest you—a retailer might offer you discounts just for spreading the word!