Today is the day where most people will be packed in the malls and retail stores in hopes to grab some great shopping deals. For all the international readers who are unaware of what boxing day is, it is basically a day where retailers attempt to get rid of all their old and excessive inventory to make room for new products for the upcoming new year. For example, imagine a $5000 television being reduced to $3000 to make room for a new model. Boxing day is actually considered as a statutory holiday here in Canada.

While there are many great deals to be found, there are surprisingly a lot of retailers who actually try to take advantage of people’s “must buy” mode during that day by selling products that are actually more expensive than usual. A common example would be walking by a clothing store and seeing a big sign stating that all shirts are 70% off the regular price with a clearance price of $20. In reality, the regular price for it was $15 and so they increased the regular price of the item to make it look like it is on sale. In the interest of saving money, it’s always good to still do some research ahead of time to make sure that you actually are getting a great deal instead of falling into that mob mentality that it must be good if everyone else is buying it. While there are many great deals to be found, just be careful of price gougers as the whole point of a day like this is to save money.

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Have you ever had those moments where you see a certain idea or invention that was being sold and thought to yourself “I can’t believe I didn’t think of that?” That seems to be a common theme amongst a lot of people with this pixel advertising phenomenon.

This pixel advertising craze was originally created by a person named Alex Tew as a way to make some money for university. He created a site at milliondollarhomepage.com which consists of a page that has a board-like setup of blank pixels with the intent of selling them to advertisers for $1 a pixel. With the pixel, the advertiser could place an image to help promote their products and services and the image would link back to their site. As quirky and crazy as this idea sounds, there has been over 864,000 pixels sold on his site as of writing this entry which means he has made $864,000 dollars. From reading various comments on the web, many people just can’t believe that they didn’t think of it first.

This just goes to show you that sometimes the best ideas are the simplest ones and that there are just so many unexplored and untapped avenues to generate an income out there.

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It’s that time of the year again as everyone is in a spending mood for the Christmas season. Comparison shopping is often a method that I use to help save money as more often than enough you can find the exact same thing through various retailers and service providers at different prices.

With the ease of the Internet, I usually visit a company’s web site ahead of time to try and get a general idea of a price range to compare with. Another great way to research about prices is to simply visit a site that consists of people who have similar interests in a specific category or topic as you do. Since you like the same things, more than likely you guys shop in the same type of places and can then correlate with each other on where the best place to buy certain items would be. Even I am amazed on how many times I have discovered a sale or price drop on various items this way.

One thing to be careful with when comparison shopping, especially when you are buying items like a TV or printer that requires accessories, is to make sure that you are factoring in the cost of everything you would need to buy. For example, if you were in the market for a specific printer and noticed that one store had it for $10 cheaper than everywhere else, most people would simply just go to that store and buy the printer. When they are ready to go to the checkout, they discover that it doesn’t come with items such as a USB cable and so they pick one up too. Many times in this scenario, the cost for that cable was actually more expensive in this store than elsewhere and so really you didn’t end up saving that much or possibly spent even more overall.

Comparison shopping is definitely a great way to save money and can be fun at the same time. Take the time to research and compare prices from various sources and in the end you’ll have more money to invest elsewhere.

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