Most photographers upgrade their cameras quite frequently. While some might upgrade to stay on top of the latest developments and to keep from being left behind in the dark, others upgrade out of necessity. Many of us outgrow our cameras. As you progress, an entry level camera might no longer be good enough for you a year or two after you purchased it.

Whatever your reason may be for upgrading, everyone can do with some handy tips on how to save money on your next camera purchase.

1. Buy Last year's stock
Digital cameras have reached a stage where the specification level is high enough to last most of us many years. Last year's top of the range camera will most likely be replaced by a newer version, but the basic specifications of the new model will stay more or less the same.

Every year new camera models are released and the old ones are discounted. A great way to save money is by buying last year's stock as the new models come in.

2. Do your homework
Do make the effort to shop around before making a new camera purchase. Keep a list of various quotes on hand so that when you are ready to make a new purchase you can ask for a price match or a discount. Most shops would be happy to give you a discount and gain a customer as apposed to losing business to a competitor.

3. Harness the power of the Internet
There are many bargains to be found on the internet. If your local camera shop is too expensive, try BHPhoto.com or Adorama.com
If you have more time on your hands you can check EBay where there is a good chance of getting a good bargain. Some online shops even offer free shipping on purchases over a certain amount.

4. Upgrade more frequently
By upgrading more frequently you get more money when selling your second hand camera equipment. Second hand equipment is worth a lot more if they are the latest equipment available. Make sure you sell your camera before a new model comes out.

5. Buy several things at once and pay cash
If you are planning on making a few purchases in the next year, try and make one big purchase as apposed to several smaller ones. This way you can negotiate a bigger discount.

6. Try and stick to the more popular brands
Be wary of the less popular camera brands. You might save a bit on your original purchase, but you'll lose more money if you try and sell your camera. It can also be more difficult to find prospective buyers for your camera if it is not a popular brand.

7. Support your local camera shop
Support your local camera shop on a regular basis and get discounts this way. Most camera shops give discounts to regular customers.

8. Buy second hand equipment
A great way to save money. Who said there's anything wrong with buying second hand camera equipment? With people upgrading every year or even more, there are plenty of almost new cameras on the market at bargain prices.

9. Only buy what you need
The best way to save money is not to buy at all. If you don't really need that new camera right now perhaps it's best to hold off until you need it. When you do decide to buy that camera, be sure not to go on a spending binge and buy things you don't really need such as a new camera bag, a memory card or another lens.

10. Try before you buy
The easiest way to throw money into the water is by buying the wrong camera equipment. You can find the best deal on the planet, but if you bought the wrong equipment you are wasting money. Make sure you try before you buy. Once you know what you want, use these tips to get the best deals on camera equipment.