The slumping economy has at least one advantage -- in a buyer's market, consumers can name their price.
Cheryl Jackson, of the Sisters of the Savings, said shoppers can "win the war" if they know the rules.
"But now that we've gone into a slump and almost a recession, people are saying, 'Now, what can I do now to earn your business or what can I do to keep your business?'" she said.
Mom-and-pop stores and retail giants are all willing to make a deal.
"Take that circular in and let that paper do the talking for you," Jackson said. "Not only will they match it, but they will match it plus 10 percent."
Haggling is in, even with cell phone providers and mortgage and real estate brokers. Many country clubs across the Metroplex will deduct hundreds, even thousands, of dollars off the cost of initiation.
Jackson said her son saved her money at a health club.
"Not only did he pay the trainer for himself, I am now on the trainer," she said. "I didn't pay. But the trainer's like, 'If you sign up now, I will get your mom for free.' That's what's happening out there right now."
The easiest way to haggle is to walk into a store armed with a competitor's coupon. Most stores have a policy to honor a listed price or coupon from a competitor.
Also look for low prices on the Web, print them out and ask a favorite store if it will meet the price.
Ask questions -- sometimes just asking what kind of deal can be worked out will get you a lower price. Ask if the store will cut 10 to 15 percent off the competitor's price. Ask a cell phone provider if it will drop fees.
In clothing stores, ask about markdowns. Find out when the store cuts prices and ask if it is willing to match the upcoming markdown price or if it will hold the item until the price cut takes effect.
Finally, never demand a price cut. Instead, be polite and just ask.