The Price Is Right
You can also save by keeping a close eye on what you are spending your money on. So it makes sense to compare prices – whether you want to buy an apple, a mobile phone, or a pair of trousers. There are various factors that could affect the price. Here are some things to watch out for:
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Quality
CloseMost products come in different grades – that's what we call quality. A watch, for example, can be plastic, cheaper metal, or gold and can be made with a machine or by hand. Products made from expensive materials, with a high-quality finish, usually cost more. They often last longer than cheaper products. So the product with the lowest price isn't always the best option.
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Quantity
CloseAt first glance, many packages look pretty big. But when you take a closer look, you notice that there isn't actually that much inside. That's what we call deceptive packaging. It's particularly common with food, such as cornflakes. So, when you buy a product, you can look to see how much is actually in the pack and save money. It's often worth comparing several products.
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Trend
CloseMany products are particularly expensive because they're currently trendy, and everybody wants one. The brand of the product is usually important as well. If it's currently cool to have a product from a particular brand, lots of people are prepared to pay more money for it. You can decide whether you need the product right now, or whether you actually want to wait a while. Or maybe a different brand has the same product at a lower price.
