There’s nothing quite like the feeling of getting a really good bargain—which means, of course, paying less for something than that item is worth to you. But, on the flip side, there’s nothing quite like feeling like you’ve been ripped off, either. Luckily, there are some techniques you can use to maximize the value of your money and help make sure you don’t spend more than you want to.

In a recent post, the blog PTMoney.com offers some helpful techniques for making sure you get the best price available no matter what you’re buying.

• Learn the sale cycle: A quick Internet search can help you determine what times of year certain items go on sale. For example, new cars tend to go on sale at the end of December (when dealers want to make year-end numbers) and from July to October, when new models hit the lots. But other household appliances go on sale at predictable times, too, and grocery stores and other retailers discount different items each week. Pay attention to ads and promotions so you can stock up on your favorites when they’re cheap. Also look for retailers who are reorganizing during bankruptcy, as they may be more likely to have large sales.
• Buy used: Sites like eBay.com, Amazon.com and Craigslist.org have made shopping for secondhand items easier than ever—and the variety offered by online shopping outlets is unprecedented. Keep in mind, though, that it’s important to check a seller’s feedback to minimize your chances of getting a rotten deal.
• Shop around: Again, the Internet can be your best friend when you want to compare prices. Comparison shopping sites like PriceGrabber.com, NexTag.com and CheapUncle.com sort multiple online vendors for you, so all you have to do is choose the one you like most.
• Learn to bargain: While you can read entire books on learning to negotiate price, keep in mind a few tips: use cash, shop during slow times, be friendly but assertive, and do your homework. When a seller sees that you’re serious, well informed and ready to pay cash, he or she is more likely to work with you.
• Get a group together: Anything from health insurance to sports tickets can be less expensive when you buy as part of a group. And many web sites offer group discount information.
• Ask around: In the age of digital social networks, it’s easy to get in touch with almost everyone you know with a few keystrokes. Consider sending an email or posting to an online social network a question about a purchase you’re considering. You may get great advice from people who have already been there (and whom you already trust!).

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