Last week, I mentioned in a blog post that my lunch costs me only 50 cents (on weekdays at my office canteen). Many readers cheered for me, and if I do the Maths correctly, I save about $7.50 per day – assuming that the average lunch cost $8.00.
That will work out to an amazing amount of $150 per month, and $1,800 per year! Wow!
Women are strange beings at times (or is it just me?). The more I save, the more I want to spend. No wonder the Chinese coined the phrase “left pocket in, right pocket out”. There is a truth in it, or at least it applies in my case.
I still do a lot of online shopping now. Not that I’ve given up shopping in the real world, but online shopping is more appealing to me. For busy mothers like us, I’m sure you’ll agree that shopping away with a click of a mouse is easier than going out to the mall with our kids in tow. I hate dealing with crowds and I can always find exactly what I’m looking for online (usually at lower costs)!
On the contrary, the busier I am, the more retail therapy I need. This is especially so when most of my time is taken up by work, managing the family and writing this blog. I multitask by getting some retail therapy in between the daily hassles of my day. It improves my mood and motivates me in a way that I can’t possibly explain in words. You get what I mean?
As an introduction, PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. It is available in 190 markets, supports 25 currencies, and accepted by millions of e-commerce sites. As of today, there are 9 million merchants, large and small, from across the globe that use PayPal to get paid.
My first encounter with PayPal was over a purchase on eBay made more than ten years ago. And today, we’re still best friends and PayPal remains my preferred payment option when I make online purchases.
I’ll tell you why.
1. Ease of use
Do you know your credit card number, verification code and expiration date by heart? I certainly don’t. But you probably know your PayPal login name and password. Yes, I do! Thus, if a merchant accepts PayPal, it is much easier for you to complete the check-out process, rather than getting your credit card to punch-in the numbers.
PayPal allows users to purchase items more quickly, because they don’t have to enter their financial information every time they make an online purchase.
Many people are hesitant to provide their credit card information over the Internet. I’m also one of them; because I’m not sure how far the merchants will go in protecting my sensitive financial information.
PayPal provides a secure server (SSL) so that our transaction is safe. Moreover, when we make a purchase through a PayPal merchant, we have additional security because only PayPal, not the merchant, is provided with our credit card information. This helps to reduce the incidence of credit card fraud due to unscrupulous merchants.
3. Various payment options
PayPal offers more choices than other payment methods – members can choose to pay from their bank accounts, credit cards, debit cards or money stored in their PayPal accounts (depends on country availability).
I link my PayPal account to my credit card, so that I can still earn reward points on my credit card when I make purchases.
4. Buyer Protection Guarantee
Another unfortunate thing about online shopping is when we do not receive the promised goods from the Seller. Or sometimes the goods may be significantly different from what the Seller described.
Purchases made through PayPal are protected against fraud, and therefore, we’re entitled to a full refund for unauthorised payments for something we didn’t purchase, dispute for incorrect orders or purchases that never arrive. PayPal handles these problems for us at no extra cost! Click HERE for more information.
So, if you do not have a PayPal account, you will need to register and there is no cost to you. If you are already a PayPal member, you just need to enter your E-mail Address and Password. You only need to register once, and you’ll be able to enjoy a safer online shopping experience.
With the year-end holidays and Christmas season approaching, I’ll be doing a fair bit of online shopping. These are stuffs on my wish-list.
White Gold Plated Necklace Made with SWAROVSKI, price unavailable, from Groupon
A trip to Sanrio Hello Kitty Town + The Little Big Club, $39.90, from Deal (Exclusive PayPal Deals available!)
SK-II Stempower, $111.75, from Sunnanz
Gucci Bow Detail Continental Wallet,$655.00, from Reebonz
Fiore Ankle Strap Two-Tone Wedge, $79.90, from Zalora
Now, what’s on your wish list?