This is the first in what is so-far a one-part series. Everyone seems to be feeling some pain due to rising costs of things like gas and travel combined with slowing of raises at work.
Because of this, I thought I’d put together some tips I think are helpful for maintaining a tight budget.
Money Saving Tip #1: Never Shop at Target
Target is a great store. It offers convenient access to a wide range of products, are easily accessible for just about everyone in the Twin Cities, and their prices are very competitive. All good.
However, as the local joke goes, if you walk into target to pick up a few things, you end up leaving with $100 worth of crap. If you’re trying to maintain a budget, this is not a good thing.
A better strategy, in my opinion, is to shop at stores where you’re more likely to find ONLY what you need and NOTHING else.
For example: Walgreens. When was the last time you impulse purchased something at the counter like blank VHS tapes, Valentine’s Day candy, or joint cream? It doesn’t happen. Sure, their prices aren’t as competitive as Target on many items, but the measure shouldn’t be savings on a product by product basis. The only number that matters is the one at the BOTTOM of your receipt.
If you happen to get your prescriptions filled at Target, I strongly recommend you consider the costs of doing so. Why are you forcing yourself to visit a store on a regular basis that costs you more money than you save?
Target also seems to have the slowest pharmacies I’ve ever been to. But what incentive do they have to improve? Target probably makes more money off of you by forcing you to wander around their story throwing random crap that you don’t need into your oversized shopping cart.
Break the habit. Avoid Target.