The holiday season is nearly upon us, which means you can expect to be besieged by advertisements for Black Friday promotions. Spend smarter with our 2019 Black Friday shopping tips.
Don’t be blinded by the advertising bonanza that is Black Friday. The holiday can be a great avenue to save, but if utilized incorrectly it can be a black hole for your savings account.
Retailers know that shoppers are primed to spend during the holiday season, and will do whatever they can to take advantage of that. Flashy corporate marketing campaigns and discount prices can be enough to seduce even the most prudent of shoppers to splurge on items they don’t need.
Therefore, it’s imperative that you approach this holiday for what it is: An opportunity to save on essential items that you otherwise would need to buy anyways.
Budget for Black Friday
The most important way to ensure that you’re taking advantage of Black Friday is to plan ahead. Make sure that you work out a specific budget. Avoid overspending on frivolous items that seem heavily discounted. No matter how good the deal is, it’s not saving money if it’s something you don’t need.
- Make a list of people you need to purchase gifts for and then search for the best deals online ahead of time.
- Use Black Friday to buy essential items at a discount, and if your budget allows for it to spring for non-essentials.
- Be strategic about your Black Friday purchases. Find deals early by searching online and compare discounts on similar items from different branches or brands. Reserve early if you can. Run your purchase through comparison websites to make sure you’re finding the lowest price.
- Look for discounts on household items like toilet paper and toothpaste that you use frequently but don’t spoil. Mark Cuban said in an interview with Vanity Fair that buying these in bulk at low prices results in immediate reductions in your expenses and also lowers the number of errands you need to run.
This kind of planning ahead not only helps you save money, but also makes your life a little easier!
Amazon Black Friday deals – Amazon, as we explore in full below, should be among the absolute top Black Friday sales destinations for deal hunters. It’s range of products is unparalleled, and as well as running Black Event-long mega discounts, runs daily deals and Lightning deals, too, the latter offering incredible discounts but only for a very brief period of time. Its Black Friday page is already live, which is currently stuffed with some attractive daily deals.
Currys PC World Black Friday deals – In terms of electronics and appliances, Currys PC World is top tier good for Black Friday deals. The retailer runs its renowned Black Tag event both before, during and after Black Friday and Cyber Monday, which extends for weeks either side. Each day a broad range of products ranging from TVs and video game consoles, to fridges, coffee machines and microwaves, get marked up with a black tag and their price plummets. Right now you can register your interest to find out exactly when the Black Tag event will begin, getting you in on the ground floor for when the deals start flowing.
A very important thing to remember with Currys come Black Friday 2019 is that it will price match any product against any other retailer, be that online or in store. The retailer also matches discount codes, too, meaning that any Black Friday discount is game to be price matched. And what’s even crazier is that Currys will honor this price match promise for 7 whole days after purchase, meaning that if you pick up a product from the retailer and then another retailer introduces an even lower price, then you can pocket the difference.
Argos Black Friday deals – Argos is great for a wide-range of discounts on toys, video game consoles, small appliances, consumer technology, jewelry and kitchen gadgets, among others. Argos already has its Black Friday 2019 deals store live, which is currently offering many toy offers, voucher codes and super cheap clearance products. Last year Argos hit hard in the week running up to the Black Weekend, and this year it is expected that its Black Friday deals will begin even earlier. Argos is offering a notification service whereby if you sign up to its Black Friday mailing list, then it will let you know about its deals and savings as soon as they go live.
Ahead of Black Friday, Argos has a toy sale on where it is discounting a different major toy brand every week. It started off with Lego deals where it offered 10% off any set until October 29 and once that toy sale ends it will be replaced by another. That’s a really handy promotion that should help you save a bit of money if you’re shopping for kids this Christmas.
Maximize your savings by using the best credit cards for the season
We strongly advise against going into debt in order to buy holiday gifts. The purpose of budgeting and planning ahead is to minimize the possibility of frivolous or impulsive purchases, which can be the downfall of even the best budgets.
Having said that, if you are going to be splurging this holiday season, maximize your savings by using the best credit cards for the holidays.
Black Friday vs. Cyber Monday
A lot of the hype of Black Friday has been moved to Cyber Monday, but I prefer to think of it all as the same.
Black Friday is obviously on Friday and Cyber Monday is obviously online, but there are plenty of sales online even weeks before and there are plenty of sales in stores on Cyber Monday too.
While the general trend is toward more sales throughout the month of November, there are still massive discounts available to those willing to brave the madness at 5:30 on Thursday evening or 4 in the morning on Friday.This is because retailers want to attract as many people inside as possible, knowing that not everything is discounted and very rarely do people stick to their budgets.
The real “doorbusters”—deals people will be waiting in line for, ready to barge into the store the moment they can – will only be available on Black Friday.
To recap, Black Friday weekend can be a huge financial opportunity, but also a potential pitfall.
To make sure you take full advantage of the sales, plan ahead and find deals that interest you well in advance.
Write out your expenses on paper and identify the items that you buy most frequently so that you can buy them in bulk and realize significant savings.
Don’t get tricked into buying things you don’t need just because they are discounted, focus instead on essentials that you’ll buy anyways over time.
Try to shop early or online as many of the best deals start the week before Thanksgiving; there’s no reason to expose yourself to holiday havoc at the mall.
All in all, if you do it right, you can save big over the holiday weekend.