Money!Negotiating is an important skill. I teach my kids that it's perfectly acceptable to negotiate a price on something if you've done your homework. If you feel like the price might be a little bit exorbitant or a little higher than what you are willing to pay, ask for a lower price. Especially if you're paying cash.
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For example, say you find an item you want on Craigslist. You check around to see what similar items are going for and find the price is a little high. If you've already researched it, I don't think it's rude to ask them to lower the price. You're not offending them by asking because they know what they can take for that item and what they've got to get out of it. Most people will be honest and just say, "You know, this is what I can take. I can't take any less than this." And you have to make the decision, "Am I really willing to put forth that much or will I wait for another better deal later down the road?"
Read More »from Michelle Duggar on Life Lessons and Bartering