Are You Smart Enough To Get the Best Deals on Almost Anything? Take This Quiz To Find Out

Shopping on a budget can often be a frustrating ordeal when trying not to overspend. However, what many shoppers don’t realize is that there are discounts and savings to be found almost anywhere, if you try. Savvy shoppers know that through clever negotiating and hunting, seemingly out-of-price-range purchases can actually be well within your grasp — as long as you know what to do.

Are you smart enough to get the best deals on almost anything? Take this GOBankingRates quiz to find out.

Also see whether you are smart enough to be in the top 1%.

Making a shopping list and preemptively setting a budget will prevent you from being able to make quick shopping decisions when needed and could force you to miss a deal.

A) True.

B) False.

If you answered (B) False, you’re already on the right track. Experts say making a budget is the smartest and fastest way to know just how much you can spend — and how much you shouldn’t. Further, that budget will help you craft a list of what you can buy and what you should avoid buying. Making a budget and sticking to it and your shopping list (and thus knowing how much you need to save) is the first step to finding the best deals on almost anything.

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How important is shopping at specific times of the year, month or week?

A) Crucial.

B) Not important at all.

C) It can be important at times, but it’s nothing to change plans over.

Hopefully, you opted for (A) Crucial. Knowing when to shop for specific deals can be save you a lot of money. For instance, TVs are typically cheaper in February, clothing/ computers/office supplies are cheaper in August, and Black Friday and Cyber Monday sales provide discounts on nearly everything else. Additionally, many stores have unadvertised discounts on certain days of the week or month. Knowing these times to shop can get you some of the best deals of the year.

What are the key components to haggling?

A) Talk less, listen more, show confidence.

B) Know when to walk away, timing is key, consider the deal from the other side.

C) Look for damage/a flaw to haggle over, keep it charming, don’t give up.

D) All of the above.

Did you answer (D) All of the above? If so, you’re primed to haggle for the best deal, service or product. The art of negotiation can drop the price of everything from a brand-new car to your monthly phone bill, getting you the best deal on just about anything you want.

Providing your email to businesses online is a dangerous way to risk getting hacked while shopping.

A) True.

B) False.

Here’s hoping you answered (B) False. Providing your email to a (legitimate) business when shopping online is the easiest way to get an automatic 10% to 15% off, just for signing up to receive updates from the company.

What’s another way to finagle an extra discount while online shopping?

A) Call customer service and ask.

B) Close the browser window when unpurchased items are in your cart.

C) Email and request a refund for excessive shipping fees after you place your order.

Always attempt (B) Close the browser window when unpurchased items are in your cart before committing to a purchase. As Cornell University blog The Bookshelf noted, abandoning items in your online shopping cart will sometimes trigger the site to email you, encouraging you to finish your purchase by offering you a discount code.