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Tuesday, May 21, 2024   
Household Math™: Shopping Sale
by Scott Bilker
Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
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This is a situation we run into all the time. Stores always have sales, specials, etc. and thrifty people will try to take advantage of these sales. But how can you tell which discount will save you more money?

1. Two stores are having a sale. In Store #1 the deal is take 25% off then take an additional 25% off. In Store #2 the deal is take 50% off. Which store has the better deal?
Store #1.
Store #2.
Both deals are exactly the same.
I don't know!


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