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Beware of Sales Tactic #1 – Don’t Miss Out!

September 12, 2007

Have you ever bought something in haste simply because you were afraid it would be too late if you didn’t pull the trigger immediately? If so, then you’ve been bitten by the first tactic in the Sales Tactic Revealed series, “Don’t Miss Out”.  Sellers use this strategy to spring you into action by creating the illusion you’re [...]

Sales Tactics Revealed – Win the War Over Your Paycheck

September 10, 2007

You can’t follow a budget!  You don’t have self control! You can’t manage your money!  You, you, you…… 
Money Foolish?Is it really all about you?  Is it all your fault?  As we go through life, we don’t always do what we’re “supposed” to do with our money.  When things don’t go right financially, we tend [...]

Why Do Car Dealers Have to Shout At Us to Sell Cars?

August 25, 2007

Why is it that car dealers think it’s necessary to yell at us in their radio ads? It seems like every car lot commercial I hear is the same.

“WE ARE LIQUIDATING OUR INVENTORY; EVERY CAR ON THE LOT MUST GO!! BAD CREDIT, NO CREDIT, NO PROBLEM! WE FINANCE EVERYONE!”

I have never gone to a car [...]

Blockbuster vs Netflix: Why You Should Sign Up For Both

July 24, 2007

How can you save money on movie rentals by signing up for both Blockbuster online and Netflix? It’s pretty simple really, the battle between Blockbuster and Netflix in the home movie rental industry gives you a lot of leverage as a consumer. You can use this leverage to get free and cheap movies.
Enjoy Free MoviesBoth Blockbuster [...]

How to Save Money on Services By Spying on Business Owners

July 7, 2007

Business owners are always looking to maximize the amount of money they can earn from the services they provide.  Get inside their heads and you can save money on your next trip to their establishment.  Here is a quick example case study on how to save money on haircuts.
Hair Cut SavingsAt the top of my [...]

5 Simple Ways You Can Create Competition that will Benefit Consumers

April 27, 2007

Low price competitors lost me over $100 this week! eBay was running a 24–hour auction promotion for sellers and as I priced and listed items for sale late into the evening, I was reminded of why competition is great for consumers.
Low Price Strategy
My competitive strategy on eBay is pretty simple, sell for the lowest [...]

Maximize Your Time, Money, & Opportunities. Stop Buying Stuff!

March 13, 2007

I’m never buying anything ever again! We just spent our weekend doing some spring cleaning and turned a jumbled messy room into an organized basement. This is what I learned from the experience.
Stuff Wastes Time
We spend time shopping for, buying, storing, organizing, and eventually getting rid of stuff. The more stuff we [...]

Consumers Know Your Enemy! Save Money by Learning Retailer Strategies.

January 12, 2007

How would you like to listen in on a retailer’s secrets to getting consumers to spend money? Below is a recent interview with Pam Danziger, a renowned expert in consumer marketing and psychology. The interview was distributed by the Service Core of Retired Executives, a nonprofit organization that offers business advice for entrepreneurs, [...]

Money Musings Overheard While Christmas Shopping

December 16, 2006

What do people in the malls think of Christmas consumerism? As I spent today in and out of stores searching for gifts and waiting in long lines this is some of what I heard:
Checkout Man at Best Buy
Man, they brain wash everybody at Christmas. They flood you with ads and make you think [...]

The Little (Broke) Old Lady that Lived in a Shoe

December 13, 2006

My wife was watching an episode of “Sex in the City” last night where the main character, Carrie Bradshaw, needed to come up with thousands of dollars to buy an apartment.
As she bemoaned her financial woes, her friend made a good point. If she hadn’t been buying $400 shoes she might have the money [...]

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