(Welcome to the sixth post in my new Frugal Hacks series. Frugal life tips which take very little time to implement, but could conceivably save you a ton of money every year.)

Do you have several online or brick & mortar stores that you consistently shop at? If you do, be sure to “Like” their Facebook page and follow them on Twitter as a great way to be kept in the know of new promotions and exclusive content and coupons. As social media reaches more and more of the masses, almost all nationwide retailers are using it as an effective way to interact with loyal customers. Even your smaller specialty stores and “Ma and Pa” shops are taking to the power of social media.

Below is a screenshot of an exclusive 30% off Lands’ End.com coupon found on their Facebook feed a few weeks ago.

The Skinny:

~ Think Ahead – If you’re planning a large purchase like an appliance or a television, plan ahead and follow Best Buy, Home Depot, and Lowe’s on Facebook and don’t buy until the right deal comes across your Facebook feed. Be patient and only buy when the price is right.

~ Use Your Smartphone – When you’re out at the mall or local store and approaching the checkout counter with a cart full of merchandise, whip out your smart phone and go to the Facebook or Twitter page of the store you are at. One minutes of your time could conceivably save you up to 30% off your purchase.

Have you tried this frugal hack before? If so, have you been getting some good money saving coupons or deals via social media?