10 ways to save money when shopping in Nigeria

10 ways to save money when shopping in Nigeria

  • Try regular markets instead of malls.
  • Window shop and compare prices before you finally buy
  • Check out for new offers
  • Negotiate when necessary
  • Ensure to buy the fundamental things you need
  • Buy things in Bulk
  • Do not buy the things you do not need.
  • Nurture the idea of a minimalist

Before we start there are some questions that need to be answered

Have you ever been in a situation whereby you find yourself trying to save money when shopping in Nigeria? or perhaps you’ve found yourself spending more than you ever budget for a shopping trip? if yes, keep calm, you’re normal, we all have fallen into such situations many uncountable times. 

Just a while ago, while I went on a shopping trip, I still fell victim and had to bounce back to the A.T.M machine to withdraw more money to cover up for my expenses. But truth be told, the act is a very bad idea, and it takes a very dedicated person to break him or herself from such shackles.

Anyways, the good news is that I found my way out of such a bad attitude. And I have compiled a detailed list of what I did to guide you.

Create a budget: one of the first things to do to save money when shopping in Nigeria is to set out a budget of what you intend to spend. This helps you to set a limit on your expenses and allows you to save more.

It is not your salary that makes you rich; it’s your spending habits. In essence, a budget helps to tell your money where to go instead of where it went.

Separate the cash you need for shopping, from your savings: we are all fond of this bad idea, you do not save money that way believe me! Some saving experts have found out that 75percent of people who do not separate cash for upkeep from savings ends up not saving at all. 

Try regular markets instead of malls: I recently researched shopping in the malls and regular markets in Nigeria, to know which one saves more money. Alas! My discovery was breathtaking! Would you like me to share my report with you? Well since you said yes I will.

Alas! I discovered that the majority of the goods purchased in the mall are far more expensive than the ones purchased in a regular market.

Though shopping in a regular market might be a bit stressful, yet it saves a lot of costs when shopping in Nigeria.

Window shop and compare prices before you finally buy: A good way to save money when shopping in Nigeria is first to window shop the things to intent to buy from different sources and markets, compare prices and then decide on the lowest price with the most quality yet affordable price.

Research has shown that prices of commodities vary in their selling stores and markets. The quality of a market in a particular market is different from another market.

Check out for new offers: this is one of the many, yet neglected ways to save money when shopping in Nigeria. Researching out for new offers helps you to know what discount is available for a product, when to buy and which of the list brands. Offers the quality and less expensive product.

The majority of those who check out new offers save 30 percent of the intended budget when shopping in Nigeria.

Negotiate on a product price when necessary: When buying a commodity or product, you don’t get what you deserve, you get what you negotiate.

Stop buying things you do not need to impress people you do not like.  

An average Nigerian knows that every seller or business person in the Nigerian market space skyrockets the price of goods to gain more. While many have said that the act is a principle of business, your power to negotiate the price of what you intend to purchase in the Nigerian market goes a long way to save money when shopping in Nigeria.

Ensure to buy the fundamental things you need:  we all fall victim to buying unnecessary things we do not need many times. A good way to save money when shopping in Nigeria is to strictly adhere to buying the necessary things you need. When you buy the things you will be able to save costs and save more.

Buy things in Bulk: would you believe me if I tell you that buying things in bulk is ridiculously cheap? try it yourself, and keep a record, you’ll see how much money you’ll save.

Do not buy the things you do not need: you do not need to buy the things you don’t need, that act does not encourage saving.

Nurture the idea of a minimalist :

Who is a minimalist? A minimalist is someone who uses a little to achieve much. When you minimize your spending, you save more.

Author’s Bio

This article was written by Demola Ojo, a full time writer at Haba Naija. You can find out more about Haba Naija and the author on their website.

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