Start of every school year means a reevaluation of our household budget. And with the depreciation of the ringgit (anyone else alarmed by this?), we’ve become more money-conscious than usual. I am rather hopeless when it comes to having an organised system to managing our household budget. I rely mostly on self-control which, admittedly, is not the smartest ‘tool’ for money management (oooh, there’s a 3 for 2 sale on books! Why not? That new frying pan is 30% off! Why not? Another Mango sale…too good to pass up).
So I’ve started looking a bit more closely at free budgeting tools as well as online coupons, cash-back and price comparison sites. Incidentally, a group that specializes in these in Malaysia reached out to us and shared their varied services that are a big boost for individuals and “home managers” like myself. I have yet to fully utilize these sites but they may be worth adding to your arsenal of money-saving tools. Here is an overview of each in their words with my initial thoughts:
Flipit.com collects promo codes, coupons and discounts from dozens of online shops all over the world, to help you to save some money. Every time you enter a promo code at an online shop you will get extra discount, and by doing this you can save yourself thousands of dollars.
I’ve signed up for this and what I like about it is that you get to customize your coupons by selecting your favorite stores. This way, you don’t get a barrage of emails from irrelevant products and services.
ShopBack helps you get the best deals and discounts on 300+ stores, plus Cashback. Cashback is really just “getting cash back” – when you spend online through ShopBack, you get a portion of your purchase back as Cashback.
The cashback service is something fairly new to me and I have yet to give it a whirl. The way I understand it, while a discount coupon is an upfront reduction in price, a cashback is something that’s returned to you later. Here’s a video of how ShopBack works.
PricePanda is the leading price comparison website for emerging markets. It provides users with an overview of prices for gadgets and other products. In addition, the PricePanda website displays professional reviews about the listed products as well as shop reviews.
While PricePanda seems to be electronics-led, it does price comparisons for a wide array of products and services from home & garden, shop & travel, health & beauty, gifts & wine to kids & toys. The categories are extensive and the site is definitely worth a visit to see how you can get the best deal.
The wonderful thing for novice-budget keepers like myself is that the internet offers so many tools and localized options to help keep our expenses on track and boost savings through smarter spending.
For more traditional tips on saving on the everyday shopping, read this post on cheap places to shop in KL.
This is a sponsored post. The opinions on this post are our own.
Written by Marite Irvine