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Home Feature Story

12.12 SALE: Want To Splurge, But On A Budget? We Gotchu: Budgeting 101

Sonia Ho by Sonia Ho
December 8, 2021
Young asian woman working using laptop on desk in living room at home. Asia business woman success celebration feeling happy dancing at home office. Enjoying time at home concept.

Young asian woman working using laptop on desk in living room at home. Asia business woman success celebration feeling happy dancing at home office. Enjoying time at home concept.

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With just 4 days till the highly-anticipated 12.12 Sale, many of us are getting ready to buy things we may or may not need online. Overspending is a crucial problem during sales, leaving us with little money left to cover our other monthly expenses.

When it comes to online shopping during mega sales periods, we are often like this:

And by the end of the day, we are like this:

This article will be your budgeting guide to shopping online smartly and spending more effectively. You’ll have more money left over for savings or emergency needs so, yay for this 12.12 sale!

Research before clicking the ‘BUY NOW’ button 

It’s way more relaxing to buy online compared to feeling pressure from the retail staff of any physical store. BUT! The downside to online shopping is that you can’t physically touch and feel the item you are about to buy. Do extensive research on the item prior to purchase; read up on reviews – good ones and bad ones. By doing research on the item you intend to buy, you might snag it at a good price.

Have a shopping list ready 

As tedious as it sounds, a shopping list is a strategic way of avoiding buying dupes. It also makes the process easier, and prevents you from getting distracted by unrelated goods or having fun jumping between stores while browsing through the net. By cataloguing potential purchases, you would evaluate what you truly need – not what you want. Psssttt… Save some purchases for the next big sale instead.

Don’t impulse buy 

It’s hard not to impulse buy during the mega sales, and when you have a lot of hard earned cash to spend. Impulsive buying would lead to going broke faster, as you are not keeping track of the dollar signs of your purchases. Schedule and categorize your timing to synchronize with the budget you have.

Compare prices from different online sites  

With e-commerce being the norm of the 21st century, there are a lot of e-commerce sites to shop from for 12.12. So another way to have a better budget plan is to compare prices. By comparing prices, you might find the exact same item you saw initially at a different site is half the price at another. It will save you a great chunk of your money by not buying the more expensive variant of the item.

By setting a budget; you’ll have more money for yourself after the 12.12 Sale. Be good with your budgeting and remember to spend effectively.

Tags: 12.12BudgetingFinancial TipsLazadaOnline ShoppingShop EffectivelyShop SmartShopeeshoppingTaobaoTips
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