From feast mode to shopping frenzy, we’re just days away from the craziest shopping day of the year – Black Friday! Good deals, great gifts and plenty of last minute temptations can pull the purse strings of even the savviest of shoppers. We’ve narrowed down 5 Black Friday shopping secrets to help you dominate your holiday wish list – without breaking the bank.
1. Identify Who/What You are Shopping For
If you’re planning to buy holiday gifts, Black Friday shopping could save you a ton of extra bucks. Grab a pen and paper and make a list of everyone you plan to buy for. Set a price limit you’d like to spend on each. Next, only jot down gift ideas that are at, or under that number. If you’re not sure, look up the products and deals online before you head out. Lastly, write the store where you can find the preferred gifts and get shopping! Once purchased, cross off the item(s) from your list as you go. To stay on budget, here’s the rule of thumb: if it’s not on your list, or if the item is out of your price range – just say no!
2. Do Your Research
Do your research ahead of time to find the best deals for each item. Where can you find the best deal this year? The local shops, or maybe an online store? You may be surprised to find that the top store from last year may not be your best bet this season. Do your research ahead of time to make sure you can enjoy more for less.
3. Find Online Coupons
No one wants to spend more money than they have to. Did you know that there are plenty of websites and mobile apps that offer Black Friday coupon codes and discounts to some of the top stores and products we love? It’s definitely worth checking out before swiping your credit card.
4. Look for Deals on Social Media
As the social media savvy person you are – use it to your advantage. Make sure to follow all your favorite brands on social media to get the latest updates about deals and promo codes they may be offering. If you’re on the hunt for a specific product, search for hashtags to find all retailers you may not even have thought about. That way, you know you’ll stay ahead of the game to find the best deals even when you’re on the go.
5. Sign up for Newsletters
If you haven’t signed up on your favorite store’s email-list yet, you’re missing out. Most stores and brands send out juicy offers to members on their email list before offering the same deals to the public. In other words, it’s pretty much VIP treatment! And with Black Friday around the corner, you have no time to waste if you want to best offers sent straight to your mailbox.
6. Don’t Fall for too Many Card Offers
Overspending and over eagerness to cash in on those 15% off store cards can potentially hurt your credit for months or even years! If you shop at a store on a regular basis, and if payments are not an issue for you, a store card discount may be beneficial. With that said, going overboard on this practice – or not being responsible with your bills can really damage your credit score. If you only shop there occasionally; or if you have several store cards piled up already – it may not be wise to sign up for more. A 15% or 20% discount could end up costing you more than you may have bargained for if you can’t keep up with your payments – or get too many, too fast.
7. Wait for Cyber Monday
If Black Friday only brings you stress and empty aisles this year, don’t panic! Cyber Monday is right around the corner! Just like Black Friday, Cyber Monday can help you find some great items at a fraction of their typical price. But the best part? No crowds! Since everything is online, you can comfortably kick back and shop while eating Thanksgiving leftovers. Yum!