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I'm going to share some information on how to use deal of the day sites. So there's really
two different types of daily deal sites. One of them is for local purchases. So, Groupon,
Living social, Amazon Local, Google Local, there’s a number of them. And what these
sites ultimately do is offer pretty deep discounts on local restaurants, local activities those
kinds of things.
The trick here is to number one, don't make a purchase you’re not going to use. Make
sure that this is ultimately something that you will use in the future. And number two,
when you can, apply cash back to it. Right? So that helps you to buy a Groupon offer,
apply some additional cash back, and get some pretty good prices for local eateries or local
activities.
On the other side of the house, the daily deal sites are for products. Right? So these
are deeply discounted products that sites are offering. There's a lot of them out there,
there’s Rue La La or Fab, or Hot Look, or even Woot. Right? And they're bringing together
the absolute best prices that they can. Now I would argue that these might be a little
bit more of an impulsive buy. Right? It's a product that you might not be looking for,
you might not want, but wow, what a great price.
So it's worth while to stay on their e-mail list's, visit the websites on occasion, and
see if there's something that you really need that's just being offered at such a great
price you can't pass it up. But what we would say is ultimately make sure that kinda pair
back that impulse, and make sure you’re buying what you need, and what you want, but
you’re saving the most when you’re doing it. So there's a few tips on how to use daily
deal sites to save the most.