Wednesday, June 30, 2010

21 Things You Should Never Buy New - My Money (usnews.com)



Ok. I’ve said it before. It has never been a better time to save money. And you can do it without sacrificing either necessities or life’s little pleasures if you re-adjust your thinking. For many items we routinely use, buying retail, even at discount stores or those tempting 10-20% off sales (20% off what?) is not the best choice. In many categories there are easy ways to find deals on gently used, sometime like new, merchandise. Getting into the habit of buy used can really tighten your budget.

The trick is, don’t just redirect your spending elsewhere. Put the money in savings or better yet add to your IRA, a 520 College Saving Fund, or invest wisely. Ask a Registered Investment Advisor (RIA) like Oaktree Captial for help finding the best use of your savings.

Meanwhile check out this helpful list of 21 Things You Should Never Buy New from US News and World Report’s My Money blog.


21 Things You Should Never Buy New - My Money (usnews.com)