Getting a good deal on something can be a great way to save money. I personally love getting a good deal, I just find that there is something seriously satisfying about knowing that I have just saved money.
It doesn’t even have to be a lot of money that I have saved, even just a couple of dollars can be enough to make me feel like I am on top of the world. Conversely though, I can get pretty displeased whenever I discover that I have paid more than I had to, or if I feel like I am getting a raw deal.
This week I want to share with you a couple of the ways in which I have recently saved money, and also a time where I ended up paying more than I had to.
Special 35 Year Anniversary Deal
My wife and I have recently decided that we are going to build a new house to better cater for the needs of our family. As a part of that process we have spent quite a lot of time comparing different builders, house plans, furnishings and just more things that you could ever thing possible until you actually go through the process.
A big part of the reason why we have done so much comparing is because it is a great way to save money, particularly when you are talking about something as expensive as a house. It is amazing just how big of a price difference different builders can have. For my wife and I, we ended up landing on one of the cheaper builders who had quite a lot of floor plans that we liked and that were open to making changes to better suit the type of house layout we were after.
Through a stroke of luck, they just so happen to be celebrating their 35 year anniversary and are offering a deal where they will put in a fully ducted air conditioning system into your house for only about $5,000. This is compared the the original quote we received of $17,500 – quite a massive difference and about a $12,000 saving for us.
Asking for a Discount
Another way that we saved money in the future was by speaking to our loans manager. I went to see her to get a pre-approval for a new house that we are building and as she was doing up all the paper work she was informing me of the standard interest rate that she was going to charge us for the new loan. Being the cheeky fellow that I am, I asked if she would be willing to lower it for me as I had been such a loyal customer in the past, and she ended up knocking the interest rate down by another 0.15%.
Now that might not seem like a lot, but over the course of the mortgage that 0.15% interest will be saving my wife and I close to $7,000! Do you think the loans person would have given me $7,000 if I asked her for it outright? I doubt it, but that’s pretty much what she ended up doing for me.
I like to think that I am pretty good at getting a good deal. So I am always terribly disappointed whenever I get swindled. Recently my wife and I were driving home from somewhere and we saw that we needed to fill up on fuel. So being the price conscious people that we are, we decided to compare fuel prices on the way home and go for the petrol station that had the best deal (there were quite a few on the drive home).
So we ended up noticing that there was only about 1cent difference between most of the petrol stations, so we ended up just filling up at one of the closest ones to where we live. What we should have done is waited until the very last one, as it turned out to be close to 8 cents cheaper than all the other petrol stations that we passed earlier.
Fortunately it was only 8 cents a litre cheaper, so we only ended up spending about an extra $3.20 more than we had to, but I was annoyed for pretty much the entire rest of the day.
So have you managed to save money recently by either finding a good deal or by negotiating one?