Personal finance weblog The Simple Dollar has a post on social savings techniques. The big example he gave was shopping carefully for a new pair of shoes for his young daughter at an outlet store, finding a great pair for $US12, then shopping at another store where another parent was planning on buying the same pair for $US50. He told the parent about the shoes being at an 80 per cent discount at the outlet store. Was this ethical?
Image: Bill Bradford
Trent at The Simple Dollar argues that he would not do this at local stores where he values their other benefits (expert knowledge, a place to play board games, ancillary services) but has no problem telling customers at major corporate chains where to find deals.
What do you think? Have you recently experienced any social savings techniques such as coupons left by other shoppers on items? Let us know in the comments.
Some Thoughts on Social Savings Inside the Store [The Simple Dollar