Knocking on Penny Auctions!

C'mon people. Give Penny Auctions a fair shake!


*knock knock knock* Penny!
*knock knock knock* Penny!
*knock knock knock* Penny!

I'm sorry, Sheldon but you gotta purchase more bid packs.

Some tips on Penny Auctions, remember to bid on a single item at a time and control your plastic spending. No need to lose a lot, bidding should be fun and should not leave you tragically broke.

Bid at the Right Moment

Bidding til you're broke is a habit that seems just too excessive. You bid to have fun with the possibility in mind that you can win that gadget du jour, but if you think you're bidding impulses are tide into this overwhelming urge to get high on a sudden win. Then you're headed for a major downfall and not an auction windfall.

I cannot stress enough that I don't find online auctions or even penny auctions as gambling. They are far from being casino slot machines. Some people just don't know when to stop, same thing happens when they're out on retail therapy swiping their credit cards away til their maxed out. With shopping or anything involving money, you always gotta have a budget in place and a financial plan in mind. Same for doing the rounds with online auctions, you just gotta have a strategy in mind, you gotta bid at the best possible moment.