You must be willing to research the actual cost of what you are purchasing for the company you are buying it from. You must do this in advance.

You must remove all emotion from your thinking and acting during the act of negotiation.

You must be willing to be patient and you must be willing to go above the word “no.”

You must be willing to lose, too.

You must frame the issue emotionally for THEM and not for yourself.

You must have a plan and frame the issue before you do anything with any person that could be considered negotiation.

You must compare and shop your product everywhere.

You must look at manufacturers and see what it really cost to build and ship this product you want to purchase.

With large purchases, you must indicate up-front exactly what you want to purchase, that you are negotiating with as many as six (6) or seven (7) different merchants or sources.

You must put a time table on your purchase so you indicate that you are a serious buyer. Make sure you tell them a window for major purchases. That may sound like this, “I am going to purchase XXXXXX next Thursday before close of business.” Be specific about the exact product and tell them you have researched costs from the manufacturer. Be sure to tell them that you are not set on a specific manufacturer or source, but tell them you want the best price.

Ask them for their best price and tell them you will compare it to the other six or seven bids.

Once they bid, tell them they are the highest bidder, but you want to do business with them because they are closer and you feel they are better for you. HOWEVER, when you have contact again (this time) tell them you have changed your mind about when you are going to purchase the product. Tell them you will purchase the product this Friday between 4 and 7 p.m. Eastern (or whatever time zone you are in).

This pushes the emotion from YOU to THEM.

Be as prepared as possible by knowing the costs. You don’t want to cut them to the bone, but you want to get the best deal. If you follow these guidelines and others you find in HOW TO SURVIVE ANY FINANCIAL CRISIS (www.middleclassmoney.com), you can save more money. BUT REMEMBER: You don’t save unless you take the difference in the original price and final price and put that money in actual savings!

You can do it!

HELPING YOUR KIDS GET AHEAD

If you think I was born saving money, you are wrong. My family is filled with hillbillies from Louisiana. There are members of my family that don’t believe in 401ks or IRAs. I was not brought up to save and invest regularly and I have made every mistake you can think about when it comes to money. I have had to learn the absolute hard way how to get savings on track and make it a part of your life without killing your lifestyle. I have had to learn the hard way how companies mislead with marketing. It is my mission to share what I have learned about regularly saving with my own children and also share it with you. That’s why we have a lot of “free” (blogs like www.boostmywealth.wordpress.com and www.stickyasset.com/blog and groups on Facebook like “Coupons & Coupon Codes”)!

In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.

You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.

If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.

Thank you for reading our blog and good luck!

Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com

Connect with us on Facebook with these free groups:
“Coupons & Coupon Codes”
“Live The Lifestyle Your Family Deserves”