personal_finance

I Bought What? How Good Marketing Tactics Get You to Spend

November 30, 2011 by KathrynKathryn on November 30, 2011

Shopping

The second you walk into a store your senses are immediately assaulted with a variety of sneaky tactics that marketing executives use in an attempt to get you to spend more money than you originally intended. Enticing merchandise is placed at eye level. Red tags are placed on merchandise that isn’t actually on a really great sale at all. Everything you see, hear, feel (and in some cases, smell), is designed to make you want to give the store as much money as possible.

There is nothing innately wrong with these tactics. After all, anyone who has ever taken an introductory psychology class can understand that the way merchandise is presented can change the way consumers view it. On the other hand, since your goal should be to save as much money as possible and avoid as many impulse buys as you can then you need to be on the lookout for these tactics whenever you enter a store.

How do you know when marketing tactics are being successfully used on you? Here are some examples:

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Go Green and Save Money: Personal Finance Advice

September 28, 2008 by TBFTBF on September 28, 2008

You may not have realized this quite yet, but personal finances and being environmentally conscious can go hand in hand. Going green is really trendy right now, so why not combine your environmentally

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Personal Finance Advice: Are You Scaling Back Yet?

August 24, 2008 by Tamsen on August 24, 2008

If you haven’t been tightening your financial belt lately amidst all the recent drama with the economy then there is probably one of two reasons:

You’re independently wealthy.

You haven&

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If It’s On Credit It’s No Deal

August 17, 2008 by TBFTBF on August 17, 2008

How many times have you stumbled across a massive clearance or enticing sale at your favorite store right around the time when you ran out of money until the next payday? If you are like most people, chances are when this occurs your first instinct might be to grab your credit card and start charging.  After all, you don’t want to miss the deals the store is offering.  80% off on clothing? Who in their right mind would pass up a deal like that?

If you don’t have the money in your wallet or in your bank account then you should be the type of person to pass on a deal like this.  It doesn’t matter if you’re favorite brand of jeans winds up on the clearance rack and the store wants to eliminate the stock pronto.  If you’re trying to get your finances in order and get out of debt then you need to avoid situations where you whip out your credit card.

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