Shop wisely this Amazon Prime Day

Amazon Prime day is an event for all the savvy shoppers around the world. “It offers the opportunity to experience great deals on a wide range of products.”

However, it is essential to shop wisely. Here are some of the pros and cons, tips on how to ensure a good deal and some worthwhile product suggestions.

Pros

• Opportunity for big savings on items you may have been waiting to purchase.

• Wide variety of products on offer.

• Convenience of shopping from the comfort of your own home.

Cons

• Lead to impulse buying, causing you to buy unnecessary items just because they are on sale.

• Chance of budget blowout by spending more than necessary.

• Possibility of price manipulation, make sure you are making a saving!

• Could take business away from local, small businesses. It’s not always about the “best price”.  Support local and small business where possible!

Make sure the prices are trustworthy before buying

The whole point of Prime Day is that you are making a saving on the items you buy. Here are a few tips:

• Use price trackers to track the price history of items and confirm the discount is genuine.

• Compare prices with other retailers to ensure the Prime Day deal is the best available.

• Set a budget and determine how much you are willing to spend before the sale begins.

Recommended Prime Day Deals

• Smartphones (popular models Samsung Galaxy and iPhone)

• Laptops (brands like dell, HP and Apple)

• Home appliances (vacuums and coffee machines)

• Amazon devices (Echo pop and ring video doorbell £144.99 down to £49.99 *price as of 11^th July, subject to change)

Use YOUR Credit Union, NOT your credit card!

While you might be tempted to use your credit card for these deals, consider using funds from your credit union instead! We offer lower interest rates and better terms, helping you avoid high interest debts.

Get in touch tomorrow (our office reopens at 9am on Tuesday 16^th July).

Email creditunion@harpandcrown.co.uk.

“Save regularly and borrow only what you need.”

**Harp and Crown Credit Union do not endorse any one retailer.  This article is intended for financial educational purposes, advising our members to manage their finances in a positive way.

The Harp and Crown Credit Union provides safe, secure, flexible finances for the wider police family in Northern Ireland.