Tips to Avoid Scalpers this Season - Money Tip Tuesday

<p style="text-align:left;">During the holiday season, it isn’t uncommon for a popular toy, game console, electronic device, or other popular gift to be sold out quickly. Unfortunately, some people like to take advantage of your holiday spirit and raise the price of popular products. Here are some ways to avoid scalpers and price gouging this holiday season. </p> <p style="text-align:left;">Links: </p> <ul style="text-align:left;"><li>Check out <a href='https://camelcamelcamel.com/'>CamelCamelCamel</a> to keep an eye on price fluctuations</li> <li>Check out our <a href='https://trianglecu.podbean.com/e/how-safe-are-you-whenyou-shop-online-quiz-money-tip-tuesday/'>Holiday Shopping Quiz</a> Money Tip Tuesday episode to check your fraud prevention skills</li> <li>Follow our <a href='https://www.facebook.com/pg/MakingMoneyPersonalPodcast/posts/?ref=page_internal'>Facebook</a>, <a href='https://www.instagram.com/makingmoneypersonal/'>Instagram</a> and <a href='https://twitter.com/TCUpodcastMMP'>Twitter</a> pages!</li> <li>Learn more about <a href='https://www.trianglecu.org/home/home'>Triangle Credit Union</a></li> </ul> <p style="text-align:left;">Transcript: </p> <p style="text-align:left;">Welcome to Money Tip Tuesday from the Making Money Personal podcast. </p> <p style="text-align:left;">Scalpers are people who figure out what the hot gift Items of the year are, buy a bunch of them until the stores are sold out and then sell the items at an upcharge of anywhere from a 50% to 200% increase. Some scalpers even use bots to buy up popular gift items and then list them from double to ten times the suggested retail price, not giving shoppers a fair chance to even click the purchase button.  </p> <p style="text-align:left;">It may be tempting to buy from them so you can get your hands on that gift, but don’t do it. Buying from them helps their scheme and also encourages other people to do the same. Also, if the scalpers see that people are buying at already ludicrous prices, it's probable that they will keep increasing