Archive for the ‘wealth’ Category

One of the roads to undertake to become wealthy is to spend smartly

25 May, 2008

Ways to save money

Supermart vs small Minimart
For supermart, as we all know, there are the manager, supervisor, shareholders and many service staff. Most of their pay would come from the extra costs added to the items sold. whereas in a minimart, the owner, usually also the supervisor and cashier all in one will handle everything thus greatly reducing the prices of the goods. Although the variety of products range much greatly in a supermart, do try as much as possible purchase from the minimart, unless there is something u needed not found in a minimart, then by all means, march forth to your nearest ever-profit-hungry supermarket.

Foodcourt vs Fastfood vs Hawker Centre

The answer is clear Hawker centre equates to better priced food and more mouth watering varieties.

Shopping

Who doesn’t like to shop in our current world of consumerism?

Window Shopping vs street shopping vs online shopping

The same theory applies to the supermart analogy.

Definitely window shopping saves u the most money, but when buying is necessary, let’s see which is the most smartest.
In a normal manufacturer to shop process, the cost of a pair of Bose Quiet Comfort 3 headphones cost around $600+ SGD in any retailers in Singapore. However, an ebay seller would usually sell it at the price nearest to the manufacturer/company which is about $350+ USD + $30 shipping cost from the US which totals to around just $400+ SGD. Then there are certified merchants at Amazon which are on top of their low prices, they are extremely trustworthy as well. Singpost@USA is currently tied in with certified companies in US like Amazon to provide shipping to us locals. This is a way Singpost can increase its profits while saving a bit of money for us as well. Online shopping just require a debit card but caveat emptor, the buyer shall be responsible for any risks they undertake. But as for me, I am fully aware of the risks for the sake of saving money. Again but, but try not to be hooked to online shopping and overspend.

A last but, if we were all to buy online, sooner, many local shops may close down and that would be deemed unpatriotic. Who cares anyway. Its everyone for himself or herself. So happy shopping.