Money Matters Monday: Black Friday Tips

MM Black Friday TipsMoney Matters Monday: Black Friday Tips 

Are you a Black Friday shopper? Many couponers and deal seekers wait all year long for the day of deals, known as Black Friday. The day after, and sometimes the day of Thanksgiving has become the number one day to score the best deals and all of the retailers look to bring the crowds in using the most enticing offers possible. Here are some top tips for navigating through Black Friday preparation and shopping.

Preparation is key Black Friday has become such a huge event that there are whole websites dedicated just to helping you find the best deals. The information actually begins to show up on the web in September and October and as you get closer to Thanksgiving, the accuracy of the information offered increases. Looking at websites as well as the traditional circulars that will be sent to your home is very important, because it will help you determine which stores are opening at what time, as well as the deals that are being offered throughout the day. You need to have a plan as to which stores your going to visit and what you hope to buy.

The Early Bird? The old saying says that the early bird gets the worm and while that is sometimes true with Black Friday, it is also a lesson in the advertising methods used by retailers.  Black Friday will usually have “DoorBuster” sales which mean that the special deals, which are usually a very good price, will be available in a limited supply to the first people to get to the store and buy them. What you don’t know about these sales is that the supply is often extremely limited and thus the line to get into the store is very long. Unless you plan to stand in line for hours, you will most likely not be able to get the early deal.

Think Outside the Box (Store) Big box retailers are not the only stores to have Black Friday deals. Take a look at your local stores to see if they are offering any Black Friday offers. Most likely these stores won’t open at 4am, so you can get some precious shuteye and get the deal on the same day!

Wait it Out Believe it or not waiting may be the best option for you especially if you really want to stick to a budget. In the past few years, Cyber Monday has become as big, if not bigger, than Black Friday. Cyber Monday is the Monday after Thanksgiving and most retailers with an online presence plus Etsy sites and other small businesses will have special deals online only. This is a great way to get your shopping done from the comfort of your own home.

Don’t let the hoopla of Black Friday lull you into complacency on getting the best deals. There is no doubt that this is the best time of year to score amazing deals, but do not allow sales tactics to allow you to spend beyond your means and your budget. Continue to let the good frugal sense that you use during the rest of the year guide you through Black Friday deal hunting.

I will see you in the sock isle at Fred Meyer’s! Gotta stock up for the year! Happy {Frugal} Shopping!

 

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Comments

  1. says

    G’day! Great tips…always like to enjoy reading other people’s view!
    Glad I did not miss your post today too!
    Cheers! Joanne
    Viewed as part of Foodie Friends Friday Anything Goes Party

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