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Has The Struggling Economy Changed Your Shopping Habits?

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Shopping Habits during recessionMy weekend was great. My cousin is visiting me from Sacramento, and we spent some great quality time together doing, yup, you guessed it, shopping!

Holiday Season is upon us, that means huge sales are ongoing. What better time to take  advantage of those 75% off the stilettos I had been drooling over for sometime.

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But, before starting our shopping spree, we hopped on my computer and looked for sales and bargain deals in my area. This has become a normal habit for me to check for the lowest prices, or wait for sometime, before I go for “impulse” shopping. I guess, unknowingly we are all strapping for recession blues, these economists keep talking about.

That had me wondering, if people wait for sales or look for coupons, before they make high priced purchases. I asked my cousin, she said, yes. She has been trying to save up and then spend frugally. She has become couponing expert, and ends up saving significant amount by the end of the month.

After talking to other friends and family, I found out that shopping habits of people have changed indeed, thanks to today’s struggling economy and recession predictions. This is what I found out that they do to save money.

  • Rewards from royalty cards
  • Online sample sale shopping, current season items can go upto crazy high prices
  • Shop at online shopping stores, check out Hautelook, Gilt Groupe, www.ruelala.com
  • Going out of business sales
  • Off season shopping
  • The day after Christmas, items maybe marked 80% off
  • Wait for Black Friday and Cyber Monday sales (mostly for electronics items)
  •  Sign up for newsletter from their favorite stores to get promotions notification

I think these are some great ways to save money.

Do you think your shopping habits have changed since the shift in this economy? How do you save on the items you have on your wishlist? Please do share!