Ever since I was a kid I was brought up to be frugal and to save and budget money. * Disclaimer: I am not a financial planner.
How to Save Money on Electronics
... You also want it to do what you need it to do well—and if that means less expensive hardware, so be it. But it's important not to sacrifice quality for cost savings at every turn. After all, if there's one thing we've learned from the past decade of consumer electronics, it's this: cheap is better than broken.
Don't buy the cheapest option.
Shopping for electronics is a little bit like choosing which car to buy: you want something that's reliable, works well and won't break down on the side of the road. So when it comes to buying an electronic product, why should we settle for anything less than the best?
Sure, cheap products are tempting. We all want to save money wherever we can and if I told you how much a new top-of-the-line iPad costs then your eyes would probably start watering. But there are ways to avoid getting ripped off without spending too much money—and my advice is not to buy things that are just cheap because they're cheap (i.e., not worth it).
Always read reviews.
One of the best ways to learn about a product is by reading reviews. Reviews can help you make a better decision when it comes to buying electronics and other products. They can also help you avoid making bad decisions, which could result in wasting money and time on things that don't work well.
Ask people you trust for recommendations
In order to find the best deal, you have to ask around. Ask people you trust for recommendations. If they have an interest in electronics or are tech-savvy, they might be able to point you in the direction of a good deal.
Ask friends and family members what they use when it comes to electronics and other technology. They may know of some great deals that aren't advertised online, which can save time as well as money!
Ask people in forums if they can recommend any good deals on specific products or stores where prices are competitive with other local options (if applicable).
If possible, ask those who live near where an item is sold if there's anywhere else besides Amazon Prime Day offers that might have better prices on items similar not only within their area but also across state lines too - especially if there's another big sale coming up soon after Prime Day ends! This way everyone gets something out of this process too! For example: My sister lives outside Dallas so I asked her about buying an Xbox One S console since she knows plenty about gaming systems--and she told me about how Walmart has been known for having really good deals so far this year compared with other retailers like Best Buy or Gamestop."
If you're looking to save money on electronics, one of the best ways is to buy refurbished. Refurbished products often cost less than new ones and can be just as good.
- They may be cheaper than buying a brand-new product.
- They may be cheaper than buying a used version of the same product (and still at least as good).
- They may even be cheaper than buying insurance for your item or paying for extended warranties (which are often overpriced).
Buy gently used.
- Buy gently used.
Gently used electronics are a great way to save money and get high-quality products at a lower cost than buying new. When you buy gently used, you’re supporting the circular economy, and keeping what would otherwise be discarded out of landfills. Most people don’t realize that this is possible, but it can be done with relative ease by following these steps:
- Find a reputable retailer who sells gently used items
- Check the quality of the item before purchasing it (taking pictures or videos)
- Read reviews from previous buyers when considering your purchase
Sell your old stuff before you buy new stuff.
If you're buying a new computer, smart phone, or any other electronic device, make sure you look for a good price and get the right amount of money.
There are many ways to do this:
- Sell your old stuff before you buy new stuff (or sell your used electronics). This is probably the most effective way to save money on electronics because it involves getting cash from an old item that's already been paid for. You can sell items in person at an event like a garage sale, through Craigslist or eBay, or even put up signs advertising "free stuff" around town in exchange for donations from charitable organizations.
Hold off on purchases when you don't need something ASAP.
There's no need to rush into buying something. If you feel like you need a new pair of headphones, or a bluetooth speaker, or a new laptop—wait until the right time comes along. You'll save yourself money by not purchasing something out of necessity as soon as your old one breaks.
If your old phone is on its last leg and you're worried about getting caught without a way to make calls in an emergency situation, go ahead and get that new Verizon plan so that it's ready when you need it. But if it just seems like the battery is dying faster than usual (and this isn't an urgent issue), hold off for awhile longer until there are some good deals going around for upgrading phones. This way, when the time does come around when there's some great sales happening on smartphones at Target or Best Buy (or wherever else), then go ahead—it was worth waiting for!
Shop during sales.
Here are some ways to save money on electronics:
- Shop during sales and promotions. If you find a sale that's going on for a limited time, take advantage of it! You can use coupons and rebates to get even more savings on your purchase.
- Shop at different times of the year. If you know you need something specific, such as an air conditioner or vacuum cleaner, shop around at different times of the year so that you'll know when retailers will have better deals on these items than at other times. For example, if your local store has an exclusive deal on flat screen TVs during back-to-school season (August through October), they may offer even lower prices during Black Friday weekend in November—just before Christmas!
- Check out refurbished items online or in stores. These cost less but still work just fine for most purposes; look for models that have been tested thoroughly by manufacturers before being resold again within their warranties period (usually 2 years).
Don't pay retail price for chargers and cables.
There are two reasons not to buy chargers and cables at retail prices:
- They're overpriced. You can get a quality charger for way less than what you'll find in stores, especially if you have a little patience.
- Many cheap chargers are dangerous for your devices. Never buy a cheap charger from an unknown source; it could damage your device or put it at risk of fire.
There are ways to save money on electronics, but quality matters as well
The first thing you should remember is that there are many ways to save money on electronics, but the cheapest option isn't always the best. For example, if you're buying a laptop and want to get a smaller screen size than 13 inches, it may be cheaper in the long run to get a slightly more expensive model and use your savings on other things.
In addition, don't be tempted by refurbished or secondhand items. While they may seem like great deals at first glance (because they're cheaper), these items often have hidden costs that reduce their value overall—and leave you stuck with an item that doesn't function as well as new versions would have done.
I hope that this article has given you some ideas on how to save money on electronics. I know it can be tempting to just buy whatever is cheap, but I think it’s important to remember that quality matters too. If you take care of your electronics and follow these tips, they will last longer than cheaper options—plus they won't break down on you when it's inconvenient or expensive for repairs!
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
© 2022 Shanon Sandquist