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15 Things Money Experts Tend to Buy Cheap

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How to shop smarter

To save…or to splurge? That is the question so many of us struggle with when it comes to everything from household essentials to big-ticket items. Whether you’re on a tight budget or have millions in the bank, nobody likes to waste money, but money experts really keep unnecessary spending in check. “Money experts typically aren’t big spenders and definitely don’t buy things they can’t afford,” says WalletHub analyst Jill Gonzalez. “They tend to look for quality over quantity and avoid paying interest on credit card purchases by not carrying a balance from one billing cycle to another.”

They also know when the best sales are and often shop at places like Walmart, Costco, and Target. Believe it or not, one survey found that even people with a net worth of more than $5 million often shopped at these discount stores, too. And those are just a few of the smart-shopping techniques employed by the experts (and the people they advise).

To find out how you can keep more money in the bank, we spoke to money experts to find out which items they buy on the cheap—and some of them may surprise you. Once you’re up to speed, save even more money by learning how to lower your household bills and which bills you shouldn’t put on AutoPay.

The post 15 Things Money Experts Tend to Buy Cheap appeared first on Reader's Digest.


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