Wealth Tip #6: Use Comparisons to Get The Best Price

I used to live pretty close to Tottenham Court Road in central London.

For those of you who don’t know, Tottenham Court Road is the mecca for buying technological goods such as TVs, Stereos and computers.

Every time I wanted to buy a computer for example, I’d go to Tottenham Court Road, visit one shop, get the best price for the computer I wanted and then go to the next shops and ask them if they could beat the best price I just got. 

I’d repeat this process until I got the best price I was going to get.

Get it?

Obviously you can’t physically do this everywhere. It was easy in Tottenham Court Road because it is full of computer shops selling pretty much the same thing and they are literally right next to each other all the way up and down the street.

I couldn’t do that where I live now – I think there is only one computer shop within a 3 mile radius and that shop doesn’t have the greatest range of goods…

Luckily for all of us, times have changed.

These days you can buy pretty much anything on the internet more safely and securely than ever (and this is always worth double checking) and the comparison can be done for you automatically to save you having to walk in and out of various shops and more importantly to save you the trouble of bargaining with the vendor. 

There are several sites that do this – do a google search on ‘price comparison websites’ or take a look at pricerunner or kelkoo.

Even if you are buying something the traditional way, including services such as building work, it is always worth getting at least 4 quotes so that you know you are getting the best deal.

You can save an awful lot of money this way – often without any compromise whatsoever on quality.

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