Do the audit of your spending in the coming week - where and how much did you spend. Analyse all the discounts/extras. Also take a note of things which you didn't intend to buy but bought because of the exciting offers.
Answers
Explanation:
Online shopping has been a boon for some retailers during the Covid-19 crisis. It has been a lifeline for others. But for nearly all companies, it's brought a slew of new challenges.
Many retailers were already expanding their e-commerce offerings prior to the coronavirus pandemic. The global crisis, though, has added greater urgency to that effort. With shuttered stores and customers holed up at home, online shopping suddenly became the only sales option for stores such as Macy's, Kohl's and Gap. And even at retailers that stayed open, such as grocery stores and pharmacies, it became many shoppers' preference.
Explanation:
Swati believes that shopping during sales and discounts or using coupons are signs of frugality and indicates judicious use of money. Her logic is that instead of focusing on negotiating or earning more money or investing it, she is saving in this manner.
It is the ‘sale’ season and she has been picking up a lot of goods at ‘insanely cheap’ prices. She cannot quite believe how less she paid for what she bought. But the question is whether she is really being frugal and saving money.