shopping tips Archives | MoneyDigest.sg

What Not To Buy Before Christmas

Can you feel the magic in the air? Well, that is partly brought by the Christmastime. We are about 24 days away from this whimsical event and retailers are well aware of that.

It is easy to get lost in the sea of discounts that hit every holiday season. As a bargain-seeker, it is definitely one of the best times of the year. But, please think twice if you are planning to purchase these items:

DIAMONDS ARE FOREVER

As a symbol of everlasting love, you might consider gifting a ring or any form of glistening jewelry for Christmas. Basking in the glory of attractive jewelry ranks high on many people’s wishlist. You can get a better deal on glistening bling if your recipient is open to flexibility. Wait for a few weeks after the holidays before purchasing the “perfect gift”.

Worthy steals for quality jewelry typically peak in January – two weeks before Valentine’s day. It comes as no surprise that these deals are in preparation for the Day of Hearts.

FOOLPROOF FITNESS RESOLUTION

Research showed that Singaporeans are more invested on healthier choices (e.g., wholemeal bread or brown rice) than before. This increasing importance posed on wellness contributes to the abundance of fitness resolutions. For instance, a friend of mine is currently getting rid of starch and simple sugars in her diet. One way to motivate her journey to fitness is to purchase new exercise apparel or equipment.

While sports retailers may provide tempting sales during Christmas, I will have to pass. Nationwide discounts on fitness equipment are better in 2018. Retailers seem to take advantage of the New Year’s resolutions to get into shape!

CONTEMPORARY SCHOOL ESSENTIALS

Our reliance to modern technology paved way for lecturers to distribute their PowerPoint or video lessons online. If you are planning to give a useful present for a young student, a cheap tablet or a starter laptop may have crossed your mind. Let us start with the former.

It is not unusual to find a low-priced tablet during Christmastime. At the sight of an ambiguous and dirt-cheap product, it is tempting to swipe the card and finish your shopping. However, people tend to be particular with their tablets. You do not want your money to go to waste!

Image Credits: pixabay.com

Now, let us move on to bargain laptops. The joyous season offers affordable prices for low-end laptop models. Young students may settle for laptops with smaller screens, minimum RAM, and limited hard-drive space for daily use. Stay away from these products if you value longevity. Better laptop deals happen during the Back-to-School season.

What other items should you steer away from before December 25th? Please feel free to leave a comment below!

Sources: 1&2

Awesome IKEA Hacks You Wouldn’t Want To Miss

Aside from Sephora, one of the beloved brands in Singapore and beyond is IKEA.

IKEA is the Swedish brainchild of Mr. Ingvar Kamprad. Well known for its modern architectural products that ooze simplicity, from furniture to plants and even Swedish meatballs, IKEA offers a wide range of items essential in your home. Most of their products are not only elegant but also affordable. That said, who would not fall in love with this brand?

From becoming a part of the IKEA family to following them on social media, these hacks could take your IKEA savings game to the next level:

1. BECOME A PART OF THE IKEA FAMILY

You would be surprise to know that IKEA offers a free discounts program with no strings attached! As an IKEA family member, you are entitled to several benefits such as special discounts, members-only savings events, monthly offers on the Swedish Food Market, and complimentary coffee or tea with each visit.

There are two kinds of membership called temporary and permanent. A temporary membership gets to enjoy the lower prices, discounted meals and complimentary drinks for a year while a permanent member who spent S$150 within a year will enjoy the full suite of benefits.

Becoming an IKEA family member is easy and quick. All you have to do is to sign up for their temporary membership at any IKEA Family kiosks located around their stores (i.e., IKEA Alexandra or IKEA Tampines) or online (i.e., here). These are the current product offers for members only are available here.

2. SHOP WITH A SATIATED STOMACH

Going inside an IKEA store may not be the best idea if you are hungry. It could lead you to splurging at the kitchenware section or at the restaurant itself. You mindlessly go to the products and the meals simply because you want to satisfy the hunger within. Personally, it is hard not to get tempted by the aroma and the looks of their food even when you are full. So, it is best to eat a large meal before heading into the store.

3. ASK FOR REPLACEMENTS

If there are missing parts or a part is defected, do not pay for extra parts. Instead, call or head to the nearest store to ask for replacements. Check the assembly manual for the name of the product and the “number” of the missing parts to communicate smoothly with the IKEA staff.

4. COME PREPARED

Before purchasing anything, it is good to read the reviews and to compare the prices so that your money would not go to waste. IKEA offers a smart way to help you save and it is called ELP. ELP stands for “Even Lower Price”.

As the name suggests, this means that the product is marked lower than before. Thus, you get more savings on various items from lighting to decorations, and so much more. Browse ELPs for yourself, here.

5. GIVE THE PERFECT PRESENT

I for one dislike it when I purchased something that is not fit to the person’s size or style because they will have to put an effort to returning and replacing it. The added effort defeats the purpose of giving the gift. And if you are planning to give a present for your friends’ housewarming then, the stakes are much higher! You must not only find an item that is suitable for the house’s look (which you might have not seen at this moment) but also for their daily needs.

Fortunately, IKEA offers Gift Cards ranging from S$20-1,000. By giving them dated gift cards, you can finally ease your worries, get the value of your money, and help them find the perfect present!

6. UPGRADE YOUR SMALL FLAT

It is no secret that most flats in Singapore are relatively small to ensure that the country’s land is maximized. That said, aside from the 5 Simple Ways To Maximize Your Small Flat Without Spending Too Much, there are other easy ways you can upgrade your flat with IKEA products.

a. Lighting

Aside from opening your blinds to let the natural light flow freely, you can add lamps and spotlight to make the interior appear larger. The adjustable JANSJÖ LED clamp spotlight is available for only $14.90 – SG50 Sale Price.

b. Mirrors

Mirrors can help open up the small space especially if it is placed behind a light source. Get a mirror that is water-resistant and adjustable by purchasing the FRÄCK for only S$19.90.

7. MAKE DIY IKEA PROJECTS

Another genius hack is to purchase cheap IKEA items that are multi-purpose. For example, you can use the DUNSÖN trolley (S$34.90) as a foldable drying rack for your socks or undergarments. All you have to do is to read the instructions – here.

Image Credits: ikeahackers.net

And, if you are a couch potato like most of us, you will never lose a remote again with this DIY project that transforms NJUTA slippers (S$1.90 – SG50 Sale Price) and TOGA place mat ($1.90) into a couch caddy.

Image Credits: instructables.com/id/IKEA-HACK-couch-caddy

You can also put magazines or beverages in these assorted colored slippers. 🙂

8. FOLLOW THE DEALS

Come prepared before you walk inside the store’s door by stalking them on social media. Get the inside scoop of their product launches, store activities, and latest deals on furniture, toys, kitchenware, plants, and so much more by following facebook.com/IKEASingapore.

Currently, the page shares that “SG50 Sale” is ongoing until August 23. With massive discounts of 50% off storewide, you can certainly make the most out of your dollars!

Sources: 1, 2 & 3

6 Shopping Faux Pas All Should Avoid

1. SHOP ‘TILL YOU “DEBT”

Do not bury yourself in a pile of debt because you cannot live without the new Prada bag. Saving up for a new designer bag or a new car is a better option than having to loan money for it. Seek a balance between your debts and your savings by paying for loans with low interest first. This will ramp up your cash flow (income – expenses) for sure.

2. AVOIDING COUPONS

Couponing is a strategy used by a shopper to pay less in shopping for groceries, tickets, and more. Smart shoppers that are new to the scene may shy away from coupons but once they see the real value of their savings by looking at the receipt, they would realize how great it is. You may get coupons for dining, leisure, toys, pets services, and just about anything at cuponation.com.sg or groupon.sg. Learn more about how coupon works in groceries by watching this video:

3. MISTREATING THE SALES REPRESENTATIVES

Never show off your success or mistreat the salesperson. Instead, treat the sales representatives nicely by smiling and asking politely whenever you shop. That act of kindness can go a really long way. They may even offer you special discounts or tell you when the next promotions are coming.

4. SPENDING MONEY YOU DO NOT HAVE

Having your credit cards handy will only tempt you to shop for more. Say you hid your credit card already but memorized its account number then you may just fall back to a slipper slope. Use precautions such as getting a new credit card to replace the one that you had memorized. Spending the money you do not have can only lead to a pile of dreaded debt.

5. LEAVING PERSONAL BELONGINGS BEHIND

Although this event happened once, I can never forget what I learned. I went inside the fitting room and hung my bag with my wallet and phone inside. As I was going out of the store with my newly purchased dressed, I realized that my bag was not with me. Luckily, living in a country with low-crime rate paved way for my bag to be in tact. Singapore is generally safe but, we can never really say that crimes do not happen. What if I left my passport inside and someone took it? Even a new dress will not make me happy. So, always check your belongings before and after you go inside the fitting room or any place else.

6. BEING CAUGHT BY THE HOLIDAY SALES

Most of us clamor over the holiday sales!

Image Credits: F Delventhal via Flickr

Who can resist a cheap Valentine’s Day greeting card or an oven that retails for 50% off after the Christmas sale? To avoid buying more than you intend, make a shopping list and stick to it. If you are shopping for more than one person then, budget your money by calculating how much you are willing to spend per person.

Score Great Deals At Flea Markets In Just 5 Steps

1. NARROW DOWN WHAT YOU WANT

Know what you want to buy before coming in to the flea markets. A whole area of second hand and budget-friendly items can be overwhelming so it is best to come prepared. The more focused you are, the easier it is to avoid impulse purchases.

2. MEASURE AND RE-MEASURE

To avoid buying furniture that does not fit your home, measure the room dimensions accurately by using a tape measure and a ruler. If you want to match an item with the room then take a picture or bring a fabric piece with you as you buy.

3. TIME IS ESSENTIAL

You will get the best selection in the first few hours of sale but vendors are reluctant to negotiate early one. So, if you want to save more then wait until the final day. But, expect your selection to be slimmer.

4. DO RESEARCH

Be sure to do your online research before shopping in the flea markets. This way you will be able to spot if the item is overpriced. Then if it is, use your bargain powers to sway the price.

5. GET CREATIVE

The items for sale may be multi-purposed. For example you are looking for a sideboard to put your dishes in, but a dresser/drawer has a better price. Grab the gorgeous dresser instead since you may use it as a sideboard.

Image Credits: US CPSC via Flickr

BONUS! Here are some of the recommended and unique flea markets you shall visit…

A. MAAD (Market of Artists and Designers)

MAAD houses pet-friendly and budget-friendly items for the whole family. Their innovative creators are from independent and are known for artsy fashion and artisan stationary pieces. Here you will find a wide array of crafts, plush toys, handmade jewelry, and paintings. The price range starts from S$10 to S$50. Visit museum.red-dot.sg/maad/ for more information.
B. ZOUK FLEA & EASY

Zouk, one of the famous clubs in Singapore, organizes a flea once every three months. From trendy pre-loved threads to hipster rags at bargain prices, Zouk Flea & Easy offers an eclectic flea experience.Blogshops are welcome to participate! Visit zoukclub.com for more.

C. CHINA SQUARE CENTRAL (CSC)

CSC has a Sunday flea market that offers DVDs, souvenirs, and electronics for less. Aside from that, comic book junkies can grab the later issues and action figures at CSC’s Level 2. Price range starts from S$5 to S$30.

Search the site