Amazon is one of the most popular retailers around. It’s also very convenient to shop online on a platform that offers literally everything. If you feel like you’re overspending on Amazon each month, you’re not alone.
Whether you’re shopping for household goods, items for your kids, or making impulse purchases, it all adds up after a while. If Amazon orders are always busting your budget, keep reading for 5 key ways to stop overspending on Amazon.
1. Join Amazon Prime
You don’t have to give up shopping on Amazon in order to control your online shopping habit. Amazon often has great deals and they offer a variety of brands. A lot of small businesses sell items on there as well through Amazon FBA so you can support them too.
One of the best ways to stop overspending on Amazon is to join Amazon Prime. With Amazon Prime, you’ll get free 2-day shipping access to coupons and other deals, free two-hour grocery delivery and more.
If you’re ordering on Amazon a lot, Amazon Prime is a must to help you cut shipping costs and other expenses. You can try it out for free to 30 days, then you’ll pay around $12.99 per month or $6.99 per month for a student membership.
2. Sort Through Daily Deals
Amazon has a ‘Daily Deals’ tab at the top of the home page where you can browse through limited-time discounts on products you may want or need. However, it’s important to have some discipline when using this feature.
Even if something is on sale and you didn’t need it or budget for it, you’re likely spending extra money just to make an unplanned purchase. Instead, check the category box for the type of items you’d like to see. For example, if you need to order baby items and supplies, you can select the baby category to only see daily deals related to that category.
2. Stack Coupons
Stop overspending on Amazon by planning out your savings and stacking coupons. Sometimes when you’re looking to buy something on Amazon, you may see that it has a coupon you can apply with one quick click.
Amazon also has a coupons page where you can digitally clip and apply coupons for your purchases. You can find coupons on everything from household items and food to electronics, glasses, and vitamins. The coupons may provide a certain dollar off amount or a percentage off your next purchase.
Even though you can’t use manufacturer’s coupons on Amazon, you can still stack coupons by combining these options.
3. Use a Cash Back Card
If you use credit cards, a great strategy is to use a cash back card when shopping online. I like to keep a general cash back card. That way, every transaction I make will return some of the money back to me.
Amazon also has its own cash back credit card. If you find yourself shopping on the site regularly, I’d consider using it. I buy a list of things on Amazon each month so I use my Amazon card, which gives me 5% off all Amazon.com (with an eligible Prime membership) and Whole Foods Market purchases. The card also offers 2% back on purchases made at restaurants, gas stations, and drugstores along with 1% cash back on everything else.
Once your statement period ends, your cash back balance will be updated. I like to use this balance and apply it towards other Amazon purchases so it saves me money. This card also doesn’t have an annual fee so that’s another benefit to consider when comparing credit card options.
4. Sign Up For Subscribe and Save
Subscribe and Save is a free Amazon subscription service that helps you save money on your regular purchases. Choose items that you regular purchase from Amazon and subscribe to receive them automatically every month, two months, three months, or more. You’ll save 5% on each item you subscribe to every month. Once you are subscribed to 5 items or more, you’ll get 15% off each item.
I like to use Subscribe and Save for household toiletries and other things I find myself ordering all the time. It’s an easy and automatic way to save money on items like laundry detergent, garbage bags, tissue, candles, and more.
You also don’t have to pay a monthly fee or be an Amazon Prime member to use Subscribe and Save. All you need an Amazon account.
5. Switch to More Affordable Brands at Other Retailers
Of course, one of the best ways to stop overspending on Amazon is to shop around for lower prices. Sometimes this may mean choosing an alternative retailer, and that’s okay. If your goal is to save money, you should shop around for the best deal on what you need.
Don’t automatically think that Amazon is going to offer the best price without doing your research. Use the shopping tab on Google to do a quick comparison so you can know if you’re getting the best deal.
Also, consider pausing from making a purchase for 72 hours. This is often called the 72 hour rule. If at the end of the 72 hours, you realize you still want to make the purchase and know that you’ll use it, then it will seem much less like an impulse purchase and you can save yourself from spending too much.
Summary – Stop Overspending on Amazon
Amazon makes it so easy to overspend with all their products, features, and even some of their deals. If you’re on a budget, it’s important to shop smart and take advantage of coupons, cash back offers, and implement other savings strategies. That way, you’re spending less but still getting the items you need.
What are your favorite ways to save on Amazon or with other retailers?