Posts Tagged ‘entrepreneurship’

Value is diffrent from Price

February 18, 2013

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Money and entrepreneurship should be taught at a young age.
Money is not the be all and end all however it is essential in order for one to survive in today’s society.

 

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Day After Valentine’s Day Sale

February 17, 2013

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I went to Target to check out theirDay After Valentine’s Day Sale post Valentine’s Day sale.

50% off most items.
30% off candies.

Best Deals:
LEGO POLYBAGS for $1.99
NORDIC BAKEWARE COOKIE TRAY for $4.99
SOCKS (2 pairs) $2.50

I picked up above mentioned and put them into the shopping cart including the heart shape bowl, sugar cookies and Nordic Cake Pop tray. Before I walked over to the cash register, I looked at the SMART SHOPPING BAG and thought:

Do I really need all of this?

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Smart Shopping Bag

February 16, 2013

IMG_2821ABL Smart Shopping Bag arrived in the mail.
To those of you who ordered the bag, a big THANK YOU!

It Starts with a Habit

February 15, 2013

Do you always buy items on SALE and the have buyer’s remorse?

Does this happen often?

If it does, it has most likely become a HABIT.

SMART SHOPPING is all about creating good habits and guess what, AsianBargainLady is proof one can change habits and learn how to SMART SHOP.

ABL came across an awesome technique provided by Charles Duhigg.

How-to-Change-a-HabitThe Power of Habit

In my previous post I mentioned it’s the feeling obtained from the sale purchase.

How about switching that feeling to something better.

Here’s a suggestion. Let’s say you see a 50% off DEAL a $20.00 Purchase.
Ask the questions listed in the ABL reusable bag.
Instead of THINKING of
+$10.00 amount of savings on your receipt.
THINK of
-$10.00 in your bank account for an item you won’t use
the item all dusty sitting in your living space.

Try it out for yourself and see if it works!

It’s All About Love ♥

February 14, 2013

HAPPYVDAY021413Happy Valentine’s Day!

Valentine’s Day is a day of LOVE.
SMART SHOPPERS Love and Value themselves.
In turn they are able to Love and Value others and make smart shopping decisions.

Do you love yourself?

ABL TIP: If you have an upcoming party, post Valentine’s Day sales are great for party favors or goodie bags.  Red is an awesome color for a birthday party!

The Shopping Bag

February 13, 2013

Early this year I came across a post by Seth Godin:

“What people buy when they buy something on sale
Assuming it’s not something they were shopping for in the first place…
The impulse big-sale buy is not a matter of acquiring a high value item they’ll need later at a bargain price today.
No, the consumer is spending money in exchange for the feeling, right now, of saving big. The joy of a bargain. The item is secondary, the feeling is what we just paid for.
You wouldn’t know that from the way people selling things act, but that’s what we buy.”

IN EXCHANGE FOR THE FEELING

The Dollar bins strategically located at the front of the stores or the sales racks. These are places like a drug that are able to trigger that feeling.

I wanted to see if I could change that. Create something to prevent the act of obtaining the feeling if the outcome is not good for you.

There’s nothing wrong on buying something on sale as long as you buy it for the right reasons.

Hence the birth of the SHOPPING BAG

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By identifying the trigger and asking yourself before you purchase, you end up walking away and not spending. Not spending means more money and possibility of investing. Not purchasing the product means not wasting resources and producers rethinking quantities to be made and distributed. This also allows the creation of better products for consumption.

Happy Chinese New Year!

February 10, 2013

Happy Chinese New Year!

Welcome!

Thank you for stopping by.

Six months ago I decided to take on a new venture.

Meet Shay Fei Fei and her pet monkey Nomo (short for No money).

Together we’ll smart shop, discover and learn new things, meet new friends, make the world a better place.

ABL_S2LNL2S