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Daily Deal Websites

Last Updated: July 13, 2017 BY Michelle Schroeder-Gardner - 4 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

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Do you use any daily deal websites?  Such as Groupon, LivingSocial, BuyWithMe, and so on?

Are you addicted?  I only buy it if I know that it’s close and that I’ll actually use it.  However, my mother buys ANYTHING! She recently gave me a big stack that were about to expire and told me to start using them. While this is nice that I get to use all of them, she is insane!  You are not actually saving any money, if you wouldn’t have gone to the place in the first place.

Here are some tips so that you aren’t wasting money:

  1. Make sure that it is something that you will use.
  2. Figure out what the WHOLE cost will be.  So if you buy a hair certificate, how much will tip be afterwards? You should be tipping on the FULL amount.
  3. If you’re traveling, maybe look into deals in that city, but if you have any doubt that you won’t use it, then don’t buy it.
  4. Verify that the value that you are saving is actually “saved.”  My Groupon deal one day that I saw was for a photography session.  The session was one hour long, at the studio, and with a not-so-great photography company.  Groupon stated the value of this was $1,495!  This is obviously over inflated.

Are you addicted to any daily deal sites? Which ones do you like?  Have you made any mistakes with the daily deal sites?

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4 Comments
Filed Under: Budget Tagged With: Savings

About Michelle Schroeder-Gardner

Michelle is the founder of Making Sense of Cents, a blog about personal finance and traveling. She discusses how her business has evolved in her side income series. She paid off $40,000 in student loans by the age of 24 mainly due to her freelancing side hustles. Click here to learn more about starting a blog!

Comments

  1. Eric Finlay says

    August 28, 2011 at 11:44 am

    So fa I haven't been too bad. For some reason everything that comes up for the one I'm following (just Groupon) never appeals – which I guess is a good thing.Vera's Burger's was a good deal though.

    Reply
  2. Live Simply- Live We says

    August 28, 2011 at 2:56 pm

    I check out gropuon all the time, yet I have never hit the buy button. I don't know why. some of the deals are awesome, but I am so hesitant to do it.

    Reply
  3. Michelle Parker says

    August 28, 2011 at 3:18 pm

    I used to buy them all the time, and I actually used all of them. But recently all of the deals have been pretty much horrible.

    Reply
  4. LittleMissActor says

    August 29, 2011 at 6:23 am

    Thanks for the tips- definitely use these sites, and get tempted very easily by unnecessary deals

    Reply

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My name is Michelle and I'm the author/owner of Making Sense of Cents. Learning how to save money and make more money changed my life. It allowed me to pay off $40,000 in student loans, start my own business, and I now travel full-time.

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