Black Friday is literally 3 Days Away. To help you Survive Shopping on and around Black Friday I have put together a little series. Post #1 was on how to Strategize. This second post is how to Prioritize. Hope you enjoy and find these tips useful this weekend!
Decide what items you want and stick with those. Once you have your strategy and list all planned out I think it is time to prioritize. I say this because too often people make a list and don’t really stick with it. This could cost you that big-ticket item on Black Friday or even worse cause you to over spend. The holidays are the time of the year where people already spend more money than they should but you don’t have to over do it. Once you have a list stick with it, if your unable to get the item you wanted on your list then you have a little more wiggle room to buy something else but don’t go overboard and buy 10 of another item. This brings me to another point…
Buy what you can afford. This is a big one. I know lots of retailers encourage shoppers to sign-up for this credit cards and you will get this much of a discount- Don’t Do It. I say this because you are in shopping mode, you want the most bang for your buck, so you think it won’t hurt but with all the money you save you might be intrigued to purchase more which means more money is spent! If you decide to sign-up for any credit cards make sure you are not in buying mode, be in browsing mode. Without the intention to purchase anything from that store on that particular day, you are more likely to not sign-up for that card and less likely to max it out. Which duh-duh-ta-dah… You will not be in Debt (or will be in less debt) come January! So be sure to go over your finances, set a budget, stick with it, and try to save every bit you can.
Purchase what you need before what you want. Sales tend to make people a little crazy. I mean isn’t that what Black Friday is all about anyways? So sometimes you can have your strategy, your list, your budget, but then something happens…you see an item you weren’t expecting to be on sale- on sale. Uh-Oh, what do you do? Buy it or Pass it up? My suggestion is to really decide if it is a want or need. If you have the items on your holiday shopping list taken care of and you see an item you’ve been waiting to find a good deal on and it is more of a need- don’t pass it up. You will end up regretting it later and you might even end up paying twice as much for it later on. If it’s really just a want then rethink if it’s worth spending extra money you don’t have.
Save your purchase receipts. Buy now, return later. Have you ever thought that to yourself? In the event you do over buy or even find a better deal elsewhere after Black Friday, you will want to make sure you keep your shopping receipts. Lots of stores crack down around the holidays on their returns policies because they don’t want to lose money. I know it’s hard to keep track of everything especially during checkout so I suggest taking a special envelope or plastic coupon organizer so you can save all your coupons in a safe place. If you are anything like me, throwing receipts in my purse is the worst idea ever! My husband likes to call it the “Black Hole” because you can’t ever find anything. So just keep this in mind while shopping and utilize returning purchases before the holidays if you need to.