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Ask HN: What's your favorite way to save money?

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31–40 of 195 posts

Re: Ask HN: What's your favorite way to save money?

#31
I like the CamelCamelCamel.com extension for amazon. It does something useful - shows me price history graphs so that I can see if that 40% discount is actually a discount or a sales tactic...and they also allow me to set alert for the stuff I buy in bulk but need regularly (toothpaste etc).

The amazon prices seem to fluctuate enough to make this worthwhile.

Re: Ask HN: What's your favorite way to save money?

#32

My father always says : "saving money is the beginning of being poor". So I always try to save money by thinking how can I make more. These days money = time is a strong equation, so just don't loose your time and use it in a way to make money. Stop thinking about saving money and spend your thoughts on revenue stream. That's why I rarely use services like that and don't count the pennies ( I'm neither rich nor bragg…

I used to use this excuse to justify ridiculous levels of spending. My time is valuable, etc. It's definitely true for some people but probably not most and certainly not me. Unless you actually are earning more (and saving it too, not just spending it) as a result of this mindset, I'd recommend reconsidering.

Re: Ask HN: What's your favorite way to save money?

#34
post #26

I like https://paribus.co/ It automatically requests refunds for things you buy online that drop in price. It's nice because it's very passive and it's basically found money when it works.

Seems a scumbaggy app to me (even if it's legal). If you buy something for $X, it's because you can afford $X at that point in time and you agree that that's its value.

Many credit cards offer "price protection" or something where if the price drops with X days after you buy something they'll refund you the difference. It doesn't seem scumbaggy to take advantage of a service a company offers you.

Re: Ask HN: What's your favorite way to save money?

#35
post #16

How about something that prevents purchasing, or forces a 1-day wait. The best way to same money is not to spend it, and most of us don't need half the stuff we buy....

Oh man, what a great idea. Especially as you start shopping around, you can build a broader profile of a customer's shopping habits, which could be sold for better targeting advertising.... oh wait... argh why does my mind always go there.

Have a meta-site, like a pluggin, with a shopping cart. You browse other sites such as Amazon, EBay, Anandtech, etc and it creates a registry of things you want.

On the backend it can solicit better offers from other merchants on the same and similar merchandise.

Also, as you note, the customer's data could be sold and (partially) turned into a rebate. Perhaps the site could also tell you which extra data (your gender, age, other purchases, etc) would be the most valuable and you could choose to release these facts.

Re: Ask HN: What's your favorite way to save money?

#36

I like https://paribus.co/ It automatically requests refunds for things you buy online that drop in price. It's nice because it's very passive and it's basically found money when it works.

Worth noting that Amazon recently discontinued its practice of supporting these refunds, which was a major use case of this app. If you're someone like me who primarily is buying from Amazon, this won't help you on that.

Re: Ask HN: What's your favorite way to save money?

#37

My father always says : "saving money is the beginning of being poor". So I always try to save money by thinking how can I make more. These days money = time is a strong equation, so just don't loose your time and use it in a way to make money. Stop thinking about saving money and spend your thoughts on revenue stream. That's why I rarely use services like that and don't count the pennies ( I'm neither rich nor bragg…

100% agree with this, though I've seen it worded differently.

Rather than worrying about optimizing spending I find it much easier to maximize my earning potential. Negotiating a better salary will often net one more money over time than chasing coupons.

Re: Ask HN: What's your favorite way to save money?

#38
1. Fatwallet

Until it was acquired a few months ago I was a longtime user of FatWallet to make a few percentage points back on the dollar at many stores.

2. Jet Anywhere

Jet.com has an incredible cash back program called Jet Anywhere. While the number of stores is small, the percentages are very strong. For example, 20% back at Nike or Saks Fifth.

What I'm getting the most out of though is plane tickets. Flight purchases through them get 5.6% back via Orbitz or 4.8% back via Expedia. After verifying you completed the travel, they dispatch cash back in the form of Jet Cash in 30 days. Many items on Jet are equal or cheaper than Amazon, so this is effectively cash. 5% back on plane tickets becomes a significant amount of money very quickly.

By the way — they do not have a Chrome extension and I have interest in working on one.

3. Cash back credit card

I also purchase everything on a card that gives 2% cash back on every purchase without exception. This is literal cash off your bill, not a rewards program.

I've received $100+ back from the first two methods, and even more from the third.

---

I'm really passionate about the topic of "money hacking" and happy to discuss more via email if you're interested. I'm currently writing a few blog posts on personal financial habits myself.

Re: Ask HN: What's your favorite way to save money?

#39

My father always says : "saving money is the beginning of being poor". So I always try to save money by thinking how can I make more. These days money = time is a strong equation, so just don't loose your time and use it in a way to make money. Stop thinking about saving money and spend your thoughts on revenue stream. That's why I rarely use services like that and don't count the pennies ( I'm neither rich nor bragg…

I'm sure your dad has a lot of money and all, but saving money works pretty well for most people.

Re: Ask HN: What's your favorite way to save money?

#40
post #16

Earlier quoted context omitted.

Oh man, what a great idea. Especially as you start shopping around, you can build a broader profile of a customer's shopping habits, which could be sold for better targeting advertising.... oh wait... argh why does my mind always go there.

Have a meta-site, like a pluggin, with a shopping cart. You browse other sites such as Amazon, EBay, Anandtech, etc and it creates a registry of things you want. On the backend it can solicit better offers from other merchants on the same and similar merchandise. Also, as you note, the customer's data could be sold and (partially) turned into a rebate. Perhaps the site could also tell you which extra data (your gende…

You can already do this with Amazon's Add to Wishlist bookmarklet which lets you add any product from any page on the web to an Amazon wishlist.
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