Be a Money-Saving Hero of Online Shopping - Money Soldiers

Be a Money-Saving Hero of Online Shopping

Online shopping has been steadily growing in popularity over the past few years.  In 2010, $186 billion was on e-commerce and 66% of Internet users purchased a product online.  As a result of higher and higher demand, online retailers like Amazon are adding features like same-day shipping in an effort to make it even more convenient to shop from the comfort of home.  This trend has also created an entire niche for online tools and websites dedicated to helping online consumers save money.

Deals and Cash Backs

These tools range from helping consumers find the best deals online to providing cash back rewards programs for shopping at certain retailers.  That’s not all that has filled this new market for online shoppers.  There are also multiple finance blogs and publications providing regular financial advice for consumers buying products online.  If you shop savvy, you can use these resources to save money, get rebates, earn rewards points, or find exclusive deals and discounts.

For example, many websites like Ebates and FatWallet are devoted to providing users with exclusive deals and cash back rewards programs.  Another example is MyPoints.  These sites have a network of retailers who give members cash back rewards for shopping there.  They also try to make the site very easy to use.  Creating an account is simple, and the rewards can be big.  So long as you only buy things you actually need, and intend to buy anyway, you could easily save over $500 a year.

In addition to cash back bonuses, sites like Ebates and Fat Wallet offer lots of exclusive deals.  One Ebates deal offers an extra 20% off sale items at a clothing retailer.  On FatWallet there is a discount for half off a refurbished Logitech wireless keyboard with free shipping.

Online Shopping Coupon Mom Michaels Coupons Be a Money Saving Hero of Online Shopping

80x15 Be a Money Saving Hero of Online Shopping
A111007_jb_coupons 003 by Joint Base Lewis McChord, on Flickr.  This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.

Coupons and Frugality Blogs

If you’re more of a coupon cutter, you’ll prefer getting your discounts from online databases of printable coupons.  These resources will provide one-time coupons that can be used at a variety of retailers.  Any Coupons and Coupon Share are two examples of these websites.  Retail Me Not is another option, with deals that are mainly focused on everyday essentials such as food and groceries.

While all these online resources are there to help save your money, there are even more websites dedicated to advising you on the smartest way to spend it.  You can check your local news channel’s website for their “Don’t Waste Your Money” style segments.  This is the best source for staying aware of any local scams, rip-offs, or untrustworthy businesses in your town.

Even more helpful are the multiple blogs by former and current investors.  Rick Bolander’s blog is a great example of one of these sources.  Bolander is a venture capitalist in the technology field and he sits on the board of lots of online companies.  One of his investments, Chegg, helps students save money on buying and selling their used textbooks.

Jesse Fin

Jesse worked as a journalist for a large tv station in Korea in her past life. She now works full time at home as a blogger and loves to help her friends manage their personal budgets.

Click Here to Leave a Comment Below 7 comments
Caleb - July 16, 2013

These reasons are why offline stores are getting dwarfed by online competitors. It is just too easy to find what you want at a much cheaper price than in offline stores.

    Arnel Ariate - July 17, 2013

    Hi, Caleb. Quite true, I must say.

Zeeshan Naveed - July 25, 2013

Arnel, thanks for sharing your article is really nice and helpful

    Arnel Ariate - July 25, 2013

    Hi, Zeeshan. It’s my pleasure. 🙂

fashion designer clothes NYC - August 25, 2013

Let’s face it, there’s every reason in the world to shop online. The bargains are there. The selection is mind-boggling. The shopping is secure. Shipping is fast. Even returns are pretty easy, with the right e-tailers. Shopping has never been easier or more convenient for consumers.

Jenny Smith - August 28, 2013

Your article contains very good information about online shopping. One can easily learn many tips about saving money by reading these points. Thanks for sharing with us.

    Arnel Ariate - August 28, 2013

    It’s my pleasure, Jenny. Thank you for visiting Money Soldiers. 🙂


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