Top Money Saving Websites On The Internet

All of us are living in the most profound economic downturn since that of the Great Depression of the 1930’s. We find ourselves in an age where the value of our money is substantially less than it was only a decade ago. If we then combine this with the cost of living increases witnessed in virtually every facet of our lifestyles, it should be of no great surprise that many consumers have taken advantage of the multitude of money-saving websites currently available. While countless sites boast of the values which they offer to the financially-adept consumer, let us highlight some of the most proven companies.

Groupon

Groupon bases their strategy on a triple-tier approach. As the name denotes, consumers are able to buy products in groups or networks rather than as individuals. This allows for substantial discounts when ordering in bulk. Secondly, this website seeks out products produced in bulk; the advantage here being that the greater quantity produced, the less the cost of a single unit. Finally, by generating publicity for products which have just come to market, the companies which manufacturer may offer substantial discounts to consumers who use Groupon as a purchasing platform.

My Voucher Codes

This site is the largest in Britain; containing more than two thousand different codes. One can find discounts on everything from hotels to restaurants to school supplies. Members can find a variety of promotional offers and the greatest benefit is that this site is free to join. They offer an easy to navigate search platform and many vouchers are printable. Deals from MyVoucherCodes.co.uk can also be found on soswitch.com, the site combines discount vouchers and money, travel and insurance price comparison functionality.

Living Social

This site combines cash-saving offers with social networking. After signing up by providing one’s location and e-mail address, deals are directly messaged across to the consumer. These can range from hotel discounts to vouchers for spas or other commercial shops. One can then Twitter and Facebook to pass the same offers across to others. Should three contacts opt for the offer, the individual receives the relevant service free of charge.

Oscar UK

This site caters to individuals who are over fifty years old and offers a wide variety of discounts. The significance here is that many pensioners are currently struggling to manage debt and secure their existing savings in the face of rising costs of living. Considering millions of pensioners are in dire need of extra liquidity, this website can help bridge the financial gap.

In the age of the Internet, these companies represent but a handful which can be found with a simple online search. Difficult economic times call for innovative measures and millions have already realised the benefits which these sites and others can provide.

With more than 10 years of experience in the finance industry, Paul O’Hara acquired a wealth of first-hand experience across a variety of financial products. He has written this post in conjunction with The Debt Advisory Line, a debt management agency based in Stockport, England. Visit the website if you’d like to find out more or follow the Debt Advisory Line on Twitter.