When I was a kid, my dad would make a big fuss about how expensive my favourite shows and movies were.
Today, I’ve found that the same rules apply.
If you can get a deal on a product or service, it might be worth it.
But you can also buy it for a lower price or for a lesser value.
Here are some tips to help you decide whether to get the best deal.
Use the best price It’s not always clear how much a product’s price should be, so try to keep your options short.
For example, I could spend a lot of money on my laptop and then give it away for free on eBay.
Or, I might pay $20 to watch Netflix and then leave it on my desk for free for a month.
Try to find a deal that’s less than the price of the item you want to buy.
Ask for more than you need If you’re going to be buying the same thing for a long time, ask for more.
I usually recommend getting two TVs or two games instead of one.
Use a credit card to pay off the balance This will give you some margin for error, but if you can’t pay the balance, consider getting a new card or switching to a different payment option.
Avoid using credit cards at the same time This is especially important if you’re buying something from a store that charges a higher interest rate.
If your card costs $10 to use, you might not be able to afford the $25 you’d need to use your $10 card at Target or Costco.
Use your card for everything you can afford to pay for, like a trip to the movies or to buy the DVD you want.
Check your credit card statement to see if the rate has changed If you’ve seen a different card that charges the same rate, it’s time to pay it off.
For the most part, you can find the same credit card balance on a credit report.
If the new card charge is the same as the old one, you’re good to go.
However, you may need to look at your current balance to see how much you’re over the credit limit.
For more tips on the best way to pay, read How to pay your bill in 10 minutes or less.
Keep track of your credit and debit card statements Keep an online account that you can check your balance regularly, like your Visa or Mastercard.
It’s a good idea to have a separate account for each credit card you use, since you can use it to pay bills on other cards.
Know what your credit limit is When you get a new credit card, it may not have a maximum limit, and you’ll need to keep track of it.
Your credit limit may not be listed on your statement.
For instance, you could have a card that gives you an annual credit limit of $1,500 or $1.50 per $1 you spend.
But if you don’t have a limit, the credit card may give you a lower limit, which will affect how much money you can spend each month.
You can check the limits on the credit cards you use.
Make sure your card has a “good credit history” When you open a new or existing credit card and apply for a new one, it will tell you how good the credit score is for your account.
For some cards, it can give you the option to see a picture of the credit report that shows how well you’ve done.
If it says “no credit history”, it means the credit is in good standing.
For other cards, such as those that require a $200 minimum payment, you will need to pay the $200 in full each month, and then add the balance each month as you spend money.
Don’t forget to ask for your card’s PIN number when you buy It’s usually a good practice to have the PIN number handy on your credit report if you want it.
This way, if you have to pay more than the credit line, you won’t have to send a check for the difference.
Use mobile apps that have mobile banking functionality Make sure that your app or website offers a mobile banking feature that lets you withdraw money from your account on a mobile device.
For many apps, the option is called a “pay by credit card” feature.
The best option is probably to add a “Pay with mobile” button to your app.
Some apps can be purchased for a small fee, but the option usually won’t cost you anything.
For a mobile app that offers mobile banking, try asking your bank to include this feature in the price.