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What Is Your Financial Kryptonite (and How to Conquer It)


Jun. 20, 2014 Wise Bread

Sucker for the Sale

Stocking up on sale products that are staples in your family’s cupboards is a prudent savings strategy — why not buy a couple of bottles of mustard at the beginning of barbeque season if the store is offering them at a deep discount? But do you find yourself tempted to buy things — groceries, clothing, garden supplies, or hair products — just because they’re on sale?

To avoid sale-induced buyer’s remorse, you may want to ask yourself a few questions before reaching for your wallet:

  • Would I buy this product if it weren’t on sale?
  • Will I — or other family members — use it, wear it, or eat it?
  • Will I — or other family members — notice or care if I try a new brand because it’s cheaper than what we normally buy? One brand of kidney beans may be interchangeable with the next, but what about socks? Do we like what we like, or are we open to change?
  • Is the sale price significantly lower than the normal price? (This is a particularly good one for groceries; often the sale price is mere pennies lower than the normal price.)

Click below for 5 other weaknesses and solutions.

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