Quoted – 10 Ways to Save Money in 2010 – SmartMoney

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Quoted – 10 Ways to Save Money in 2010 – SmartMoney

Making a commitment to save money in 2010 is the rare New Year’s resolution that is easy to keep.

After a turbulent economic year, it’s a popular one, too. A December survey from financial service firm Edward Jones found saving more money next year is the top resolution for that a third of consumers.

“When times get tough, consumers have to get aggressive,” says Scott Testa, an assistant professor of business administration at Calibri College in Radnor, Pa. “On a high-priced item, you’re crazy if you don’t haggle.” It doesn’t take a hard-line negotiation in most cases, either – you just have to ask if there’s any chance for a better price, he says. For example, 68% of landlords said they would lower rents or give a month or more free to retain tenants, according to a recent Rent.com survey. (For good haggling opportunities to take advantage of, click here and here.)

Collective buying groups like Groupon.com serve as haggling on training wheels, offering prenegotiated discounts if a certain number of shoppers buy in.


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