Rich or poor, Americans are looking for a discount
80% of consumers say they would use money-saving shopping tactics even if money were not a concern.
This post comes from Krystal Steinmetz at partner site Money Talks News.
Do you equate coupons to dollar bills? Do you leave a store beaming with pride when you’ve saved yourself a few bucks while shopping?
A new survey found that 4 in 5 consumers say they would use smart shopping techniques -- like clipping coupons or shopping on the clearance rack -- regardless of whether they were rich or poor. The survey was conducted by online coupon destination RetailMeNot and All You magazine.
According to RetailMeNot:
During the recession, many of us began using smart shopping techniques out of necessity to save money. Now, years later, frugality has become mainstream as people have developed a greater awareness of the money-saving tools available to them.
Here are a few more findings from the survey:
- It's cool to save a buck. We look highly upon people who find good deals when shopping, describing the behavior as "economical," "thrifty," or "practical," rather than "cheap" or "frugal."
- Saving is hard. Nearly 7 in 10 survey respondents said it's a challenge to save in today's economy. About half of consumers said they don't have any disposable income to sock away, and 12 percent said they don't know how to start saving.
- Anything for $5,000. What would you be willing to give up for a month in exchange for $5,000? If you're like a lot of people (46 percent), you'd give up pretty much anything that you enjoy. "Some of the activities people would trade for the money are watching television (79 percent), sex (83 percent), caffeine (85 percent) and email (85 percent)," RetailMeNot said.
Like most of those surveyed, I am thrilled when I find something I want or need to purchase on sale or clearance. Saving money while shopping can be exhilarating. It's rare that I buy anything, other than many food items, for full price. I love getting coupons texted directly to my phone. That way I don't even have to remember to bring coupons with me.
What money-savvy saving techniques do you use when you shop?
More from Money Talks News
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
CareerCast has released its list of jobs that really aren't as glamorous as they seem.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'