The “ermäßigter Mehrwertsteuersatz” (reduced VAT rate) you pay for staple food in Germany is 7%. That might be less than what you pay in surrounding countries, but 7% is remarkably bigger than 0%.
I’m not poor but this always helps everyone. Wait for a while before you buy the thing off your shopping list. Wait for a week and reconsider whether you indeed need it.
If the answer is still yes, buy it. It is a must do for expensive things. Never break this rule for any massive purchase like a car or something!
To add a light structure to this approach I always liked the “wait $100 a day” approach. Want to buy something that costs $300. Wait three days after you have decided you want it. Want to buy something over $1000, think about it for a couple weeks. A $50 impulsive purchase, maybe think about it over lunch.
Yea for me every extra hundred is at least a couple days, even a $20 item usually sits in the cart until i make a decision on if i actually need/want it enough to warrant it
You are not wrong. I’ve been pretty fortunate in my adult life and I’ve adjusted the threshold as I go. Really the point is to slow down your decision making and reduce impulsive purchases.
…also, thank you for calling me out. I grew up pretty poor, and didn’t ever make much more than minimum wage until I was over 30. I think I internalized the frugal lifestyle as part of my identity during that time, and I often forget that is not my situation anymore. I appreciate the occasional reminder to be more grateful of my current privilege.
Interesting I guess this is why my partner does this. Kind of drives me nuts though because then we’ll have something on the list for months and he keeps putting it off until I finally just go on my own to buy it because I actually need it. Obviously not for big purchases but for stuff we don’t use often like flour or jam or something.
Growing up my parents sheltered me a lot more from the financial instability we faced, his did not and he’s still stuck in survival mode even though we are past it, so we have very different spending habits.
I try to never buy something the same day I learn of it. I’ll take someone’s business card, look it up online, comeback later, etc. that way it’s only if I really care about it and not just feeling pressured or spending money for fun (buying stuff feels like an accomplishment, but the feeling never lasts).
I’m not sure what you mean here. I can only think the confusion is on business cards, where I am from it common for little shops and individual vendors to have business cards to look them up later. Sales people for big things too like cars, and houses.
I was looking for a new car (leasing) and kept checking different for some weeks until I stumbled upon one offer that was 100€ less than any other while being essentially the same (power, space, etc). That was nice and I don’t really care about brands as long as they are somewhat reliable.
But you gotta pay the membership fee. Only worth it if you spend enough to cover that fee in rebates and savings; and then shopping at Costco isn’t what I would call “poor”, but maybe it works out?
There are other grocery stores that have hot food bars and sell the rotisserie chicken, too.
Depending on details, the $5 / month can be well worth it for what options open up. The rotisserie chicken is $5 and significantly larger than the $8-10 chickens anywhere else. If you just get 2 of those per month you could come out ahead.
The challenge with Costco is that the options aren’t always so similar. Sure, their price on Charmin is better than anywhere else, but is it cheaper than the Aldi brand? What about their organic vs cheap produce elsewhere? When I got a Costco membership, I did not save any money, but I have been getting better quality stuff. That said, I am not on a tight budget, so my shopping habits are different
Apparently so. €760 per month is the minimum monthly wage in Portugal. Works out at less than €5 per hour if you assume 160 hours per month which seems very low. For reference, Ireland is €11.30. While cost of living is higher here you can still pick up a full uncooked chicken for around €5 depending on the shop.
Local supermarket here does 4 chicken legs for €2.55.
Thanks. Yeah that is a big assed chicken for Ireland tbh but it’s still more expensive overall.
I feel like you guys have been badly burned by price gouging. I remember seeing a thing on Reddit about egg prices skyrocketing and they had barely budged here so I found it odd.
The price of most groceries have at least doubled. I can still get store brand eggs for about $1.50 a dozen but other brands are easily 3+ dollars now. Meanwhile supermarkets are posting record profits.
Back when I used to eat meat (6 or so years ago), my grocery store would always have huge bags of chicken thighs which were cheaper than a whole chicken. May not be the case anymore.
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