Mom Knows Best

Useful information intended for college students and graduates starting out on their own, from daily living tips, to recipes, freebies, budgeting and much, much more.

Saturday, February 6, 2010

Budget Friendly Sites for the College Student and Graduate (and their parents!)

A new type of site has been cropping up which offers a daily discount to a variety of options in your area: restaurants, entertainment, services, retail, and more.

Here is how it works: You register to receive their daily email. Once you receive the email, you can decide if the deal is worth purchasing for immediate or future use. Often multiples can be purchased. Even better, you may begin to receive deals for places you already frequent. The deals are unbeatable. The catch: they are usually only available for purchase until midnight on the day you receive the email. There are some exceptions, so check the site for specific regulations.

As an example, my daughter purchased the first deal I emailed to her when she relocated to her new city last fall. That deal included $35 worth of food and beverage, for the cost of $15, at a tapas restaurant. She and her friends all purchased the deal and enjoyed a wonderful dinner at a modest price, including entertainment. In fact, they enjoyed the restaurant so much they purchased another for future use.

There are other benefits specific to each site. For instance, on the daily deal site known as Groupon, if you email your link to a friend and they purchase the deal through your link, your account will be credited with $10 towards your future purchases. The credits may ultimately provide you with a free deal. Gift certificates are also available.

If your city is not listed, keep checking back, since they are rapidly expanding.

And, by the way, your parents will be thrilled with the benefits offered on these sites, so share this posting with them.

Check out these sites and let me know what you enjoy most:

Groupon

Living Social

Buy With Me



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Mom
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