Posts Tagged ‘ thrift stores ’

10 Things You Should Buy Used

By Kevin M

America is often described as a “throw away society”. We buy things—usually brand new—use them for a while, get rid of them in some form or fashion, then move on to the next thing.

This creates an enormous pile of stuff sitting somewhere—much of it of pretty good quality—and presents a real financial opportunity to anyone willing to invest some extra time and effort in buying what they need.

Why buy anything used? For one thing, new isn’t always better; sometimes we can get better quality merchandise second hand that we could never afford brand new. Sometimes, the item in question is one we don’t use that much, or won’t use for very long—why pay a premium for it?

But more important by far: any money we can avoid spending is money that can go either into debt reduction or directly into savings.

What are some items that are better bought used than new?

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What Are We Doing to Lower Our Cost of Living?

By Kevin M

The cost of living has been rising relentlessly for decades, and while we tend to notice it less during the good times, it all hits home hard in times like these. Forget the official numbers that deny the existence of inflation, if you’re middle class, working class, a struggling business owner, and especially if you’re retired, you know the real story from the trenches on the front lines.

Sure food costs have been bouncing up and down in a range, and gas prices are about 40% lower than they were a year ago at this time, but what about everything else? What about property taxes, utilities, health insurance and all things education related? What about movie tickets, theme parks, medical co-pays and car repairs? Our auto insurance just increased by more than 20% because of state mandated add-ons to cover uninsured motorists. 20%–in 2009—how’s that for timing?

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A Thriftier Way to Dress

By Kevin M

If you’re serious about reining in your household expenses, shopping in thrift stores is an option that needs to be investigated. Thrift stores offer an opportunity to buy clothing for pennies on the dollar compared with the cost of retail. Shirts $2, pants $4, typical! If you work in a business where mode of dress is a major issue, or you have a family who seem to burn through clothes with each turn of the seasons, saving money on clothing could be a major boost for your budget, and thrift stores are the perfect place to do it.

The Basic Setup

If you’re new to thrift stores and accustomed to the shopping experience provided by mall stores and prime retailers, they can be a bit of shock. Usually they’re set in shopping centers that are best described as less than prime, and the stores tend to have something of a bare bones look. This is of course as it needs to be; in order to offer the lowest prices, thrift stores cannot operate in triple A space. But if you can get past the store’s appearance there are true bargains to be had.

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