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I always have a mental list not only of what I need ASAP, but things I'll need later, so if I see a deal I can snatch them up. It also helps to have a mental list of where the best deals on individual things I need regularly are and to get them as I rotate through the stores where I shop. So I'll go to the discount store one week, Target the next, and get what I need at each. I do the same with groceries. I also know where the markdowns and clearance stuff get hidden in all the stores where I shop, and I check those areas before I look at the full price items (I do this at the grocery too, I get great deals on shampoos and such that way,) and make special checks at big markdown times like right after Christmas and other big holidays and at the end of a season.
It also helps to keep one's eye open for less obvious deals. A lot of people grab thier gift wrap at the after christmas sale, but I'll be over in the food storage aisle getting the colored plastic bags and cling wrap for less than the generic basic stuff. Sure, I'll have leftovers in a bag with holly leaves on it in the summertime, but when the box cost $0.50 cents who cares.
I also stock up like mad, if I find a good deal on something that I know I'll use that won't take up a ton of space like underwear or detergent. I won't buy ahead on stuff that isn't a large or regular expenditure and takes up a lot of room like wrapping paper, but for stuff I'll need soon it's a good strategy.
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