Shopping for things online, as well as, in the real world can be a very confusing affair and all of these myths floating around are not helping the confusion. Retailers are counting on these myths to keep us purchasing things without thinking. I am here in order to shed some light on the reality of some of the most common shopping myths floating around in the world today.

Myth 1: If it's more expensive it must be of high value.

This is the common excuse that people give when overpaying for goods or services. This is a common myth that has been draining more wallets than any other myth listed on this page. Millions of consumers are purchasing products every year that are overpriced. Why you ask? Well, because of this myth of course! People think that when they pay more they are getting a product of higher quality. While, this may be true in some situations, it is not in most cases. Stores are banking on the fact that consumers believe that higher priced items are a better quality buy than the cheaper priced ones. So, my suggestion to you is, make sure to comparison shopping, don't settle for the first price you find, look around, because it is most likely that you will find a better deal by the time you are done comparing. You might also want to try checking out a deal finding website, such as: Bestfounddeals.com, to find the lowest priced quality items on the web, to be sure you are getting the best price and best quality item possible.

Myth 2: The Lowest Price is always the Best Buy.

How could this fact be a myth you ask? This is frequently the thought that most people have when they shop. Once you have found the lowest price for the product you want that's the end of your search right? Wrong. The lowest price you find for the product you are looking for is not always the best buy. I say this because although the item is priced lower than any others you have seen, this low price may mean that you are getting an item of lower quality. If you decide to purchase a generic brand over a name brand product because it is cheaper then you are taking the risk that the product you purchased is of lesser quality than the name brand version. Then you run the risk of your product breaking down at the exact time you need it the most. Now the product is no longer the lowest price because you are having to replace it over and over again.

Myth 3: Purchasing items in bulk is always a money saver.

This myth started during the olden days when people had large families that all lived together. Buying in bulk during this time was the smart and affordable thing to do. However, times have changed, now people are getting married later in life, if at all, causing there to be millions of couples and single family households around today. For these homes, buying in bulk may actually be costing them more than they are saving. The main question to ask when considering buying items in bulk is: will I be able to use all of this before it expires? If you won't be able to use all of it before it expires than it may end up spoiling and you will have to throw it away which will be equivalent to throwing the money you used to pay for these spoiled items into the trashcan, thus negating any savings you received. So, please, think before you buy in bulk, make sure you actually need all of the food you are buying, and you are not just buying because it's a good deal.

Myth 4: There is no need to research a product because you can just ask the salesperson.

This is a surprising myth; you would think that people would understand that sales people make a commission when you buy something from them. They are going to tell you whatever they think you want to hear to get you to buy the product. So, if you want unbiased opinions about the projects you want to buy, make sure you research them online before going to the store. You can find all the information you need online to make the decision of the exact product you want to buy, before you go purchase it online or in the store.

Myth 5: A low monthly payment is the most important thing.

When a salesperson hears this they hear the ringing of the cash register, cha-ching. This comes into play more often when you are buying big ticket items such as cars and real estate. When you tell the sales person that the most important thing is a low monthly payment, now you have given them the opportunity to think of all kinds of fees to add onto your deal as long as they get you a low monthly payment. Now, that's not very nice is it? So, make sure you are looking at the end result sum of your low monthly payments.

Myth 6: The Salesperson only has my best interest at heart.

Well, hopefully, most of you out there no this is not often the case. While salesman are not bad, I have plenty salespeople friends, and my boyfriend is a car salesman, you have to keep in mind the fact that when you make a purchase they get paid, so don't you think it is probably in their best interest to get you to buy something even if it's not necessarily what you want or need?

Myth 7: I Want that right now, it might be gone by tomorrow.

This is something we tell ourselves in order to get the instant gratification that we so often crave. This is also a statement that has resulted in millions of maxed out credit cards all over the world. If you suffer from this problem, my advice to you is, if you see something you like, put it down, walk away and if you still want it the next day, go back and buy it. More often than not, you will realize that you really didn't need whatever it was you wanted the day before, and if you do decide to buy it, the item will more than likely be just where you left it, waiting for you to take it home when you go back for it the next day. This will save you from instantly purchasing tons of things that you don't truly need and running up your credit card bill and/or emptying out your bank account.

Well, I hope that by busting a few of the shopping myths I will have saved at least a few people from making shopping mistakes that would have resulted in lost money and endless frustration :).

Author Bio: I am constantly searching online for the best Shopping Deals. If your interested I have a website where I post all the amazing deals I find, Check it out here: OnlineShopping Deals.