{"id":10279,"date":"2023-06-27T00:03:12","date_gmt":"2023-06-27T00:03:12","guid":{"rendered":"https:\/\/investors-admin.raizinvest.com.au\/?p=10279"},"modified":"2023-10-26T09:29:13","modified_gmt":"2023-10-26T09:29:13","slug":"know-when-to-negotiate-expenses-you-can-haggle-on","status":"publish","type":"post","link":"https:\/\/raizinvest.com.au\/investors\/blog\/know-when-to-negotiate-expenses-you-can-haggle-on\/","title":{"rendered":"Know when to negotiate: Expenses you can haggle on"},"content":{"rendered":"<p><img class=\"aligncenter size-full wp-image-10280\" src=\"https:\/\/investors-admin.raizinvest.com.au\/wp-content\/uploads\/2023\/06\/Negotiations.png\" alt=\"\" width=\"1690\" height=\"780\" srcset=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2023\/06\/Negotiations.png 1690w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2023\/06\/Negotiations-640x295.png 640w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2023\/06\/Negotiations-1280x591.png 1280w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2023\/06\/Negotiations-1024x473.png 1024w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2023\/06\/Negotiations-1536x709.png 1536w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2023\/06\/Negotiations-320x148.png 320w\" sizes=\"(max-width: 1690px) 100vw, 1690px\" \/><\/p>\n<p>With inflation on the rise it\u2019s more important than ever to make sure you\u2019re getting the best deal possible. By developing your negotiation skills, you can save money on a huge range of purchases, from big-ticket items like vehicles to everyday services and subscriptions. \u00a0While the thought of saying \u201cis that the best price you can do?\u201d may seem daunting at first, the worst that can happen is they say \u201cno\u201d.<\/p>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<h3>Vehicles<\/h3>\n<p>When it comes to buying a car, negotiating the price is key. Start by researching the market value of the vehicle you&#8217;re interested in and gather quotes from different dealerships. Armed with this information, you&#8217;ll have a solid foundation for negotiating a better deal. Don&#8217;t hesitate to counteroffer and ask for additional perks like free maintenance or extended warranties.<\/p>\n<p>&nbsp;<\/p>\n<h3>Rent<\/h3>\n<p>Rent can be a significant portion of your monthly expenses. When signing a lease or renewing your rental agreement, try negotiating for a lower rent. Highlight your positive rental history or willingness to sign a longer lease term. Landlords may be open to adjusting the rent to retain good tenants.<\/p>\n<p>&nbsp;<\/p>\n<h3>Furniture and Appliance<\/h3>\n<p>When shopping for furniture or appliances, particularly at local retailers or independent sellers, negotiating can lead to substantial savings. Inquire about any ongoing promotions, or discounts available. Also, consider bundling multiple purchases together to strengthen your negotiating position.<\/p>\n<p>&nbsp;<\/p>\n<h3>Electronics<\/h3>\n<p>Electronics retailers often have some flexibility in pricing. Before making a purchase, research online for any available discounts or promotions. When in-store, engage the salesperson and express your interest, asking if they can offer a better price, price match other retailers, or include additional accessories at no .<\/p>\n<p>&nbsp;<\/p>\n<h3>Services<\/h3>\n<p>Whether you need home repairs, renovations, landscaping, or professional services like legal or accounting assistance, negotiating the price is worth a try. Obtain multiple quotes from different service providers and use them as leverage to negotiate a better deal. Be open to discussing alternative payment plans or exploring cost-saving options.<\/p>\n<p>&nbsp;<\/p>\n<h3>Subscription Services<\/h3>\n<p>Subscription-based services like cable or internet providers, streaming platforms, or gym memberships often have room for negotiation. Contact the providers directly, mentioning your loyalty and inquiring about any available promotions or discounted rates for long-term commitments.<\/p>\n<p>&nbsp;<\/p>\n<h3>Wedding and Event Services<\/h3>\n<p>Planning a wedding or other special event can quickly become expensive. When negotiating with vendors, remember that prices are often negotiable. Depending on factors such as the time of year or day of the week, you may be able to secure better rates for venues, catering, photography, and other services. Consider bundling multiple services together to negotiate a comprehensive package deal.<\/p>\n<p>&nbsp;<\/p>\n<h3>Insurance Premiums<\/h3>\n<p>Insurance is a necessary expense, but it doesn&#8217;t mean you can&#8217;t negotiate to get the best rates. When it&#8217;s time to renew your policies, shop around and compare quotes from different insurance companies. Armed with these options, contact your current insurer and discuss the rates you&#8217;ve obtained elsewhere. They may be willing to adjust your premiums to retain your business.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h3>Don\u2019t have the Raiz App?<\/h3>\n<p>Download it for free in the App store or the Webapp below:<\/p>\n<figure id=\"attachment_3372\" class=\"wp-caption aligncenter\">\n<p><figure id=\"attachment_3372\" aria-describedby=\"caption-attachment-3372\" style=\"width: 351px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/3yef.adj.st\/home?adj_t=4emcfc6_1okyyjf&amp;adj_deep_link=raiz%3A%2F%2Fhome&amp;adj_fallback=https%3A%2F%2Fapp.raizinvest.com.au%2F\"><img class=\"wp-image-3372 size-full\" src=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app.png\" sizes=\"(max-width: 351px) 100vw, 351px\" srcset=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app.png 351w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app-320x77.png 320w\" alt=\"download-raiz-app\" width=\"351\" height=\"84\" \/><\/a><figcaption id=\"caption-attachment-3372\" class=\"wp-caption-text\"><span style=\"text-decoration: underline;\"><a href=\"https:\/\/3yef.adj.st\/home?adj_t=4emcfc6_1okyyjf&amp;adj_deep_link=raiz%3A%2F%2Fhome&amp;adj_fallback=https%3A%2F%2Fapp.raizinvest.com.au%2F\">Click to download the Raiz app<\/a><\/span><\/figcaption><\/figure><\/figure>\n<p>&nbsp;<\/p>\n<p><strong><em>Important Information<\/em><\/strong><\/p>\n<p><em>Raiz Invest Australia Limited \u2013 Authorised Representative of AFSL 434776. The Raiz Invest Australia Fund and Raiz Property Fund are issued in Australia by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) a subsidiary of Raiz Invest Limited and promoted by Raiz Invest Australia Limited (ACN 604 402 815).<\/em><\/p>\n<p><em>Raiz Invest Super is a Division of AMG Super and is issued by Equity Trustees Superannuation Limited (AFSL 229757, RSE Licence No L0001458) as Trustee of AMG Super.<\/em><\/p>\n<p><em>If you have read all or any part of our email, website, or communication then you need to know that the information is general information only and does not take into account of your personal financial situation, goals or needs. You should obtain financial advice tailored to your circumstances by a licensed professional adviser, as we are not authorised to provide personal financial advice.<\/em><\/p>\n<p><em>A Product Disclosure Statement (<strong>PDS<\/strong>) and Target Market Determination (<strong>TMD<\/strong>) for Raiz Invest Australia Fund, Raiz Invest Super and Raiz Property Fund (together, the <strong>Products<\/strong>) are available on the Raiz Invest website and App. Please read and consider the PDS and TMD to understand the risks and determine if the Products are suitable for you. The risks and fees are fully set out in the PDS and include the risks that would ordinarily apply to investing.<\/em><\/p>\n<p><em>Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance.<\/em><\/p>\n<p><em>Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in the Products.<\/em><\/p>\n<p><em>This information may be based on assumptions or market conditions which change without notice and have not been independently verified.<\/em><\/p>\n<p><em>Any opinions or information expressed are subject to change without notice.<\/em><\/p>\n<p><em>Home loans are subject to approval from the lending institution and Raiz Home Ownership makes no warranties as to the success of an application until all relevant information has been provided.<\/em><\/p>\n<p><em>Raiz Home Ownership Pty Ltd (ABN 14 645 876 937), an Australian Credit Representative number 528594 under Australian Credit Licence number 387025. Raiz Home Ownership Pty Ltd is 100% owned by Raiz Invest Australia Limited (ABN 26 604 402 815).<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With inflation on the rise it\u2019s more important than ever to make sure you\u2019re getting the best deal possible. By developing your negotiation skills, you can save money on a huge range of purchases, from big-ticket items like vehicles to everyday services and subscriptions. \u00a0While the thought of saying \u201cis that the best price you [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1],"tags":[],"yst_prominent_words":[]}