Note: We receive a commission for purchases made through the links on this site. Our sponsors, however, do not influence our editorial content in any way.
It’s easy to get sucked into daily deal sites, like Groupon, LivingSocial and Gilt City I mean, who doesn’t love 50% off their meal or massage? But do the savings really add up or do these promotional deals cost you in the long run? Personally, I’m all about purchasing vouchers through daily deal sites, however there are a few rules I follow before clicking “buy.”
3) Buy items/services you already use. This will be the biggest money saver of all. If you see a merchant or restaurant offered you normally use or have been meaning to try, buy that voucher. For example, I recently purchased a Whole Foods voucher from Groupon because I’m a sucker for their salad bar, so for me that was a smart purchase.
4) Check the refund policy, LivingSocial allows shoppers to:
Groupon has a very similar policy depending on the voucher purchased.
5) Don’t blindly buy an item or service, reviews are your friend. Check out the reputation of that cleaning service or nail salon before you open that wallet of yours.
There is no need to swear off Groupon, LivingSocial or Gilt City, just be smart about it. Happy deal hunting!