21 December 2012

Auctions Can Be Frugal

When the hubby and I first got married we use to head to auctions to pick up items that we needed. As newlyweds and lower ranking in the military we did not have a lot of money to spend on furniture. My husband convinced me to go to an auction because I had never been and thought it was a waste of time. I decided to go and was pretty amazed at what you can get for a small price. Now with that said it is important to go with a set amount of cash and do not go over that. You will need to know your budget and what you are willing to spend on each item.

Another important thing is to do your homework. If you are looking to purchase a lawn mower, it is important to know how much the lawn mower is brand-new because if the used mower is $20 less than what it is brand-new, then it would be wise spend the extra $20 for the brand-new lawnmower.  However, if you can get the lawnmower for $20, you just need to change the spark plugs, and no other maintenance is needed, then that is a great deal.

This past summer we went to an auction and found some really nice snow shovels.  The bid ended with $5 for a shovel. We did not want to pay $5 and the auctioneer ended up selling the shovels for $1 each because he wanted them gone. Now that was a steal and we bought two! The shovels are nice and very durable. They held up during our snowstorm we just endured.

Auctions can be frugal as long as you set a budget, do your homework, and use cash only.

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