Web 2.0 Tools to Help Encourage Wise Spending
When people consider ways in which they can save cash, a lot of people turn to blogs that teach you how to be frugal, because they want to learn how to manage money better, some people are even turning to Firefox addons that help save money.
Sometimes though not spending money is just not possible, especially when special occasions like birthdays and holidays come around. Believe it or not there are ways in which you can spend money whilst also saving, which for most people is a lot more fun than trying to exist on a shoe string budget.
Don’t get ahead of yourselves though, this isn’t a license to go out and just start spending money wildly. Instead I’d like to suggest some tools which are available online, to help provide you with some great bargains you won’t see anywhere else. Perfect for finding affordable gift idea’s for those times when you just can’t help but find yourself spending some money.
Coupon Sherpa
Coupon Sherpa is a coupon hunting service which works a lot like the popular social network Digg, in that. They hunt all across the web to find the best digital discount codes and printable coupons available, then users on the site vote on deals to help bring them to other members attention.
Discounts by category, by store and by time frame. Letting you see what codes other people are finding handy at the moment (a great way to find inspiration for some bargain based gift hunting), across a wide range of settings.
Whether you already have something in mind, or whether you want to kill some time by window shopping without having to worry about spending too much money. Coupon Sherpa is an ideal place to start out when your looking to save money whilst spending.
Groupon
Groupon is a specialized online coupon service which offers people the ability to buy discounted deals for use in major American cities. To make use of the service you just choose which city you want to follow, enter your email address and then Groupon will email you with a different special deal everyday.
Deals made available through Groupon must be purchased from the site on the day the offer is made, but they are then useable during an extended length of time as made clear in the original offer. The deals only become active if enough people sign up to receive a coupon, with offers that fail to attract significant attention becoming inactive (which means no one gets charged and no coupons are delivered).
Operating in this fashion means that Groupon are able to convince business’ to provide sizable discount’s of the kind you aren’t likely to see anywhere else, allowing them to offer anywhere up to 75% off the usual price for goods and services.
Groupon isn’t just a great way to save money, it also encourages people to try out new places and to enjoy new things. The deals are often so good that it’s easy to get carried away, but at least with Groupon trying something different won’t cost you anywhere near what it could have, making it a great way to optimize your spending potential.
Those three tools are currently my favorites for helping encourage wise spending. That said I’m always interested in finding out about new and interesting ways to keep costs low without having to deny myself the pleasure of shopping for something exciting, so let me know about any others you may find useful

By Everything Finance on 09/03/2010 10:00 pm PST -- Finance