Whenever I see a deal for a business I already shop at, I almost always buy it. The savings will add up significantly on places you already frequent. Another great use of these deals is for restaurants you are interested in trying. I am much more willing to try a new place a friend recommended, or that I read about on Yelp, if it will be half off. Buying deals for services you may try or that sound interesting is probably a waste of money. If you’re wavering on the decision, it’s probably best to pass it up. There will always be another deal.
There are some great sites out there that can help you keep track of all the daily deal sites. I like to use YipIt. It is a daily deal aggregator that sends you a daily e-mail that contains all the daily deals for your area. Yipit even allows you to select the types of services you’re interested in. That way if you’re not interested in skin/beauty daily deals, you’ll never be bombarded with offers for manicures, pedicures and brazilian blowouts!
Read the fine print! I can’t stress this enough because there are often restrictions that go along with these deals. For restaurant deals, check the following:
Is it good for lunch, dinner or both?
Are there restrictions on alcohol?
Is it only good for regular priced menu items(No lunch specials or happy hour)?
Dine-in or take-out
When does it expire?
If you’re anything like me, you have a stack of deals sitting at home. Try using a simple spreadsheet to keep track of them so that you don’t forget about the expiration date. Though if you do, remember the deal still retains the value that you originally paid(this value can never expire, per CA law). It also helps to have them printed out ahead of time for convenient use.
Do you use daily deal sites? Do you think they are an advantage to consumers or the businesses?
Hi, I'm Harry, the owner and head writer for Your PF Pro. I started this site back in 2011 in order to create a place where young professionals could come and get all of their financial questions answered. On the site, you'll find articles on everything from asset allocation for retirement to saving money at Chipotle! So enjoy..