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Tips You Must Know for Online Holiday Shopping

Tips You Must Know for Online Holiday Shopping

Holiday shopping is all about being in the know. Sales occur, but they can end as quickly as you find them. This also extends on the fact that certain deals can get better over time. The saying, “the early bird gets the worm” doesn’t hold as much as it used to. There are even times when sales are even better at times you wouldn’t have normally expected. We will take a look at the importance of timing, pricing, deals, and research in shopping smart this year.

There’s a Time for Everything – Free Shipping Day!

Extending on the point I mentioned earlier, holiday online shopping is all about timing. Almost every type of item has an optimal date around it. We are currently at a time when Black Friday, Small Business Saturday, and Cyber Monday have long passed. The next hot shopping day is actually Free Shipping Day on the 17th of December.

However, in my opinion, the namesake isn’t the reason why I recommend it as a hot shopping day. This year, and much of last, as been a time where free shipping is sort of expected from a retailer. Every website I personally have purchased from have offered free shipping. So how else can the 17th be good? Many of these retailers may also tack on a certain percentage off to further your savings and to make the say more worthwhile.

As for specific products, the week of free shipping day is one that I have found to be a great time to purchase your big ticket items, like electronics. Things like clothes toys, and other similar items are ones there shouldn’t be sweat over. They are your quintessential holiday shopping items that retailers will make available throughout the season at a good price.

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Ensure that You Are Secure

Identity theft and fraud are a big issue during holiday shopping. More individuals than ever are pulling out their credit cards and signing into PayPal to make their purchases. For this reason, online shopping is even more vulnerable to theft.

There are a couple of things that you can do to ensure that you are safe this year. First off, make sure that you are shopping in a safe network. This means that the WIFI you are using is familiar to you. If you are traveling, make sure that the WIFI is one that the hotel requires a password for.

Once in a safe network, make sure the website is safe by ensuring there is a security lock there. This is done with the “https” added before a website link. Facebook already has this and almost every big name shopping website does as well.

Lastly, if you must shop in a public network, ensure that you don’t set “Remember my password” when signing in and ensure that you not only sign out, but also quit the web browser when done.

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Mind Your Calendar – Stay Updated

We mentioned earlier that there are key times throughout December where you are more likely to get a certain deal. However, aside from this, other reasons to make sure you know the date is because of something much more important – shipping.

As I am writing this article, I am in shock at how close some deadlines are. The mean deadline for free ground shipments to arrive by the start of your holiday is between December 14th and 17th. While many providers allow you to ship up until the 24th for some locations, others have a December 19th deadline for 2nd or next day shipments.

Just because it says next day doesn’t mean it will get there the next day at this time of the year. They are backed up with orders and it’s safer to always add three to four days for your 2nd day shipping.

Get Paid (or Benefits) for Shopping

It is very possible to get some form of benefit from shopping online at certain websites. eBay is a great example of this. The website has a program known as eBay Bucks. On most products, there will be an icon stating how much you’ll get in eBay Bucks based on how much you are paying. There is also a way to gain more bucks from other things you to (for example, signing up for trials through Blockbusters or booking your flights). I easily gained a good chunk of change from shopping online that I can use in the beginning of January for things on eBay.

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Other options you can have is through cashback programs available through your credit cards or websites (American Express is a great example I have used). Also, Amazon Prime is a third program you should look into signing up for. The membership gives you the ability to have free shipping on most items as well as other benefits.

One success story I have had with Prime was when I purchased a book for a family member’s birthday. Turned out, they not only already had the book, but finished it. I went to return it and due to being a Prime Member, I was able to get a refund and keep the book (sitting on my bookcase as I type this). The $7.99 a month membership fee is worth it, especially for frequent purchasers.

Compare Before Your Buy

My last tip for today is to compare before you purchase. No, I don’t mean compare items, chances are you are already dead set on the item you want to purchase, and it’s not my job to sway you for a different product. That’ll be my job for other articles.

I mean you should compare shops before you buy. For example, I’m purchasing an iPhone 5 for myself this year. While I was set on purchasing through Apple, Best Buy has a special where you can get a $25 gift card when purchasing your iPhone 5 through them. I will either use this to regift or will use it toward my LifeProof case ($54 after using the gift card!).

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Compare who to purchase your items from and see who will give you the best deals. Some have even found it beneficial to go through the purchase process until you get to the final checkout page before you card is charged – then exit out. They will notice you didn’t complete your purchase and will offer up deals for you to complete the purchase.

As you can see, there are many tips and secrets to ensuring that you get the best deal with your holiday shopping. Let us know in the comments below what tips you have already made use of for this holdiay and which tips you have that weren’t mentioned above.

Featured photo credit:  Beautiful shopping woman at a draw mall via Shutterstock

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Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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Featured photo credit: Pexels via pexels.com

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