Shopping online for Christmas

 

Listen to finance expert Paul Banfield talking about shopping online for Christmas.

British English

Save mp3

Press fast forward button to play file more slowly.

 

 

 

hide Transcript see

 

Well, I think, obviouly, people now feel much more confident shopping online than they ever have done before and that's one of the reasons that we're seeing such a massive spend-up today.

But, of course, it's important to remember it isn't just today. This has been going on now, progressively for years and we're really sort of concerned in a way about people spending on credit cards. We wanna make sure they're doing it sensibly as well as,of course, making sure they get the best bargains by shopping online.

Lots of people when they do a search, tend to go on to the company that comes up and make that purchase straight away. So, my advice would be, of course, to shop around by using all of the tools in the search engines, really not committing to that first purchase. Don't be tempted by all the flashing on the screen, the buy now before it'll be gone, really take your time.

Just because you're shopping online, it's no different to going to the shops, you know, take your time, look around, make the purchase when you're sure you've done the comparisons, that's very, very important, because, of course, a lot of companies pay a lot of money to be higher up the listings and they know that they're gonna attrack certain amount of business - it doesn't mean of course, that they're the cheapest.

It's always best to use a credit card rather than a Visa debit card because the protections are a lot higher when you're using the credit card that you're paying off in the future, rather than it's a card that's coming directly out of your account. And that's because the banks and certainly the credit card companies have set it up that way.

So, a, shop around, but b, use your actual credit card rather than a debit card because certainly if there is any fraud that will offer you the highest level of protection that you can have. But, of course, we all hear about the bad stories, and they are out there, of course, just make sure that you're never responding to any e-mails that come into your inbox saying please can I have your credit card number to confirm your purchase. No properly set-up company would do that. It's the information you're entering on. That is the one and only time you should be doing that.

 

we're seeing such a massive spend-up today
Meaning spending money
Examples The Government has announced New Zealand's biggest spend-up on transport - almost $19 billion earmarked for the next 10 years.
Particle up adds no extra meaning in this sentence. It's probably used for emphasis.

 

This has been going on now, progressively for years
Meaning happening
Examples This surveillance program has allegedly been going on for four and a half years.
Particle on means continue

 

tend to go on to the company that comes up
Meaning go on: continue | comes up: appears on the screen
Examples I was sufficiently impressed to go on and purchase a copy. | As new jobs come up, we will contact students who have signed with the Odd Jobs database.
Particle on means continue | up means appear

 

to shop around
Meaning look in different shops to try to find the best offer
Examples You can save a lot of money if you shop around.
Particle around means here and there

 

take your time, look around
Meaning look in different websites
Examples I got the DVD recorder after looking around for a few months
Particle around means here and there

 

the credit card that you're paying off in the future
Meaning pay the card company the money yo owe them
Examples I'm praying for a good job so I can pay off my debt quickly.
Particle off means removing - getting rid of something

 

coming directly out of your account
Meaning you pay with your money rather than on credit
Examples Kids really do think twice when the money is coming out of their own wallets.
Particle out has it literal meaning

 

the credit card companies have set it up that way
Meaning organized
Examples Since the scheme was set up three years ago a number of projects have been completed and more are planned.
Particle up means starting, creating