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Is it possible to save money by spending money?

Postby Happyland » 30 Jul 2018, 15:19

If something is on sale at a reduced price sometimes they advertise this as saving. When you take advantage of this kind of offer are you really saving money or are you spending money?

What if it is something that you don't really need but the reduced price influenced you to buy it anyway. Did you just save or increase your expenses? Is it possible to save by spending? Do you ever save money by spending money?
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Re: Is it possible to save money by spending money?

Postby Kei » 30 Jul 2018, 17:26

They say that assuming that the item is on your to do list. Say for example you buy rice every month without miss and it cost $5. If they offer $3 for it, you'd be saving $2. Now that's saving. Unless you go out of your way to buy something you never planned for.
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Re: Is it possible to save money by spending money?

Postby Angie10 » 30 Jul 2018, 17:55

I think if you see something in the sale and you just buy it because it's discounted but don't really need it, that's a total waste of money. Sometimes I've seen people do this only for the stuff to go bad because they've stockpiled s*** they don't need. It's all about shopping smart.
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Re: Is it possible to save money by spending money?

Postby ahmedo24 » 30 Jul 2018, 20:21

It is possible to save while spending when the future needed items are sold at lower rate in the form of promo but when just buy for sake of low price and it not important to you then it not longer spending while saving
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Re: Is it possible to save money by spending money?

Postby oldbuddy » 30 Jul 2018, 20:42

Absolutely! <3
If I buy something on sale that I needed anyway and pay for it with my credit card, I save at the time of purchase and again when my credit card company gives me a rebate. :clap:
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Re: Is it possible to save money by spending money?

Postby nela13 » 30 Jul 2018, 21:50

I buy all my clothes and shoes when they are on sale, I do the same with my children's clothes. Of course I am spending money but there are things that I need to buy so I am also saving money :D
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Re: Is it possible to save money by spending money?

Postby katkat » 30 Jul 2018, 21:56

If I do it for business. I have to buy it when they are on sale. That is spending wisely and earning when we sell it and get the capital and interest. Smart spending is important.
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Re: Is it possible to save money by spending money?

Postby Alexandoy » 31 Jul 2018, 00:15

When you buy something on a discount, that is equivalent to saving money. For example, the goods you will buy costs $10 and it is given on a discount at $9 then you save $1 when you buy it.
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Re: Is it possible to save money by spending money?

Postby riddy09 » 31 Jul 2018, 00:21

It's for sure about discounts particularly if you buy a lot which you will definitely like daily needs. Bulk buying will save in long term and I would love that kind of routine rather than what we have here in packs products.
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Re: Is it possible to save money by spending money?

Postby Chameli » 31 Jul 2018, 00:31

I don't think it is possible to save money by spending money. Let me examplify, imagine a 50 gm toothpaste cost $1 and 150 gm toothpaste cost just $2, you save 50 gm toothpaste by buying 150 gm. However, when the tube is bigger you will be using more than when you are using smaller tube
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Re: Is it possible to save money by spending money?

Postby cinderella » 31 Jul 2018, 01:09

Based on your given example, we can clearly say that you did not save but spend. Though it would be a different thing if you need the product and you have to buy it for a discount.
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Re: Is it possible to save money by spending money?

Postby tusziget » 31 Jul 2018, 03:12

I think if you spend your cash wisely and you are buying only the necessary things,you can say,that you have saved some cash.
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Re: Is it possible to save money by spending money?

Postby sashenka » 12 Aug 2018, 16:51

It depends but sometimes the answer is yes. For example if you buy a fridge that consumes less, then yes, eventually you will save money.
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Re: Is it possible to save money by spending money?

Postby A K Rao » 12 Aug 2018, 18:18

That would make sense only if we are getting a good discount on commodities which we use on regular basis.

Spending on some thing just because we are getting it at cheaper rates will not be a savings for me.

Like today rado is offering 80% discount, but I will think about purchasing the watch even if that is cheaper now ;)
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Re: Is it possible to save money by spending money?

Postby tusziget » 13 Aug 2018, 05:28

I am of the same opinion.If I am finding some products that I like,and they are at discount I am buying them.This way I can save some cash,because I would buy those products anyway.
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