Afraid Of Negotiating? Just Consider It Expected Of You

Many of us shy away from negotiating, even though not negotiating could cost you thousands of dollars on your salary, next car or other big-ticket item. To feel more comfortable and confident negotiating, consider it as something that is expected of you.

Picture: Nizzam/Shutterstock

The DailyWorth financial blog notes that many companies significantly mark up their items just so there’s room to negotiate. These include furniture stores (80 per cent or more mark up) and jewellery stores (as much as 200 per cent mark up). Even nursing homes are willing to compromise on price. While not every store or service will be open to negotiating, these examples suggest that you shouldn’t fear looking like a tightwad if you try to bargain.

The article also cites a recent study that showed when salary is described as negotiable, job applicants were more likely to pursue salary discussions. (This was true even for women, who typically don’t negotiate salary as much as men do.)

So if you’re nervous about negotiating something, just think of it as something you’re supposed to do. For tips on getting started, see the source article below.

9 Tricks to Negotiate Anything [DailyWorth]