There are many considerations a savvy consumer should keep in mind BEFORE shopping for products or services.
Understand if Your Purchase is a Need or a Want
Analyzing and acknowledging whether the product or service you seek is actually a want or a need will help you prioritize spending, avoid unnecessary expenditures and put money into savings.
Research Your Product and Retailer
Check if an item you are looking to purchase has been subject to a consumer product recall by visiting the Consumer Alerts and Recalls page. Comparison shop to determine what retailer is offering the best price for the product. In addition to merchandise quality and price, you may want to consider the services the retailer has available when making your choice.
Find out how you can be affected by a retailer's raincheck, rebate, return, refund and privacy policies.
Create a Budget
Learn more about creating and using a budget on the Personal Budgets and Financial Planners page.
Be Aware of Scam Prevention Tips and the Latest Scams Affecting New Yorkers
Understanding how to avoid falling victim to scams and frauds can save you money and heartache. Gain insight about scam prevention and read through the latest New York State Department of State Division of Consumer Protection scam alerts on the Scam Prevention page.