Nine Smart Inflation-Busting Strategies

Nine Smart Inflation-Busting Strategies

Inflation is in the headlines.

What is inflation? According to Investopedia.com,

Inflation is a measure of the rate of rising prices of goods and services in an economy. If inflation is occurring, leading to higher prices for basic necessities such as food, it can have a negative impact on society.

  • Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages.
  • A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product.

Bottom line is that inflation means higher prices. Unless your income keeps up, this is bad news and requires some survival strategies.

“Stretch Your Dollar” Headlines

When inflation rears its ugly head, the media responds with lots of articles on saving money and stretching your dollar.

Save with Refurbished Tech Devices

saving with refurbished tech

We’re here to remind you that relying on Tech Discounts for your tech needs is one fantastic way to stretch your money and get more bang for your tech dollar.

When you buy refurbished tech from a reliable establishment like Tech Discounts, you can expect a discount ranging from 30-70% off retail prices. In other words, you’ll save $300-$700 on a laptop or phone that would cost $1000 new. Imagine heading home from Tech Discounts with a thousand-dollar laptop that you spent $300, $500, even $700 on – that’s a pretty serious savings.

Especially if your wages are stagnant and you’re feeling the pinch of rising prices, seizing this kind of savings can make a big difference at the end of the month.

cash money

In addition to the satisfaction of saving some serious dough, your refurbished purchase also helps conserve resources. Choosing a used device instead of a new device translates to a much smaller carbon footprint, and takes the pressure off the natural resources required for new devices such as silver, gold, nickel and copper.

testing

For more about the benefits of buying refurbished tech, read our blog post Add Buying Refurbished Electronics to Your 2022 Sustainable Goals List. It explains that used tech is often more reliable than new devices, thanks to the careful testing protocols we subject them to.

Tech Discounts is proud to provide a full one-year repair or replace warranty free of charge with your purchase of any desktop or laptop computer. For just $39.99, extend your warranty to two full years. All other products come with a 30-Day Money Back Guarantee.

Other Ways to Stretch Your Money with Tech

Now that you’ve got a zippy new laptop computer, put it to use saving money in other aspects of your life:

  1. saving money during inflation
    Shop for the best deals on car, home, and renter’s insurance
  2. Use a tool like Mint or YNAB to track your spending
  3. Unsubscribe to any emails that tempt you to spend frivolously
  4. Use apps and browser extensions that find and apply discount codes for online shopping
  5. Sign up for loyalty programs that boost your savings
  6. Refinance loans or get a debt consolidation loan to reduce your interest rate
  7. Invest your spare change with an app like Acorns
  8. Search for forgotten accounts or funds on missingmoney.com

Tech Discounts is on your side in the battle against inflation. While inflation cycles seem to be an inevitable part of the economy, you can take positive action to minimize their impact on you and your wallet. With a low-priced, high-performing new laptop, you can take control of your finances and spending.

Don’t forget we carry lots more than laptops! We’ve also got desktop computers, tablets, monitors, mobile phones, office phones, audio, gaming consoles, networking devices and miscellaneous electronics. When you need anything tech, check out Tech Discounts first!

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