Amazon Prime Day: How to budget for both days?

Amazon Prime Day is upon us and millions around the world are trying to get their hands on whatever they can for much cheaper than normal.

It is considered one of the biggest shopping events of the year but there are theories that spending could potentially be down this year given much of the world has seen inflated prices and rising interest rates. There could be a lot less spending power out there.

It is a 48-hour sale and it got underway on Tuesday morning for Prime , meaning you must sign up for Amazon Prime if you are going to take advantage of the great deals.

Amazon have said that new deals will be dropping every 30 minutes on selected products throughout the event and there was even some early-access deals for existing Prime .

Could Amazon Prime day see scaled back spending?

"After a year of contending with inflation, shoppers plan to tighten their Prime Day budgets this year for the second year in a row," according to coupon site RetailMeNot, which surveyed 1,000 adults from April 10 to April 21.

The poll found that the average Prime Day shopper plans to spend 250 dollars on this year's Prime Day (and other retailers' simultaneous sales), down from 388 dollars in 2022 and 594 dollars in 2021.

In of ways to ensure that you get the best out of Prime Day, Amazon are offering 15 dollars to any Prime member who s a picture onto their company photo storage app.

Extensions like CamelCamelCamel allow you to check price histories and make sure you are actually getting a good deal.

It is also worth checking if your credit card offers bonuses for shopping with Amazon as some do.