As Black Friday approaches and we’re all excited to welcome to holidays, hot chocolate and family, its important to think about a savings strategy so your don’t crush your budget and make impulse purchases. Many stores this time of year will inflate prices and then advertise them as “slashed by 50%.” Don’t be fooled! Not all “sales” on Black Friday (or that weekend” are true sales – many (not all) are hype to bring in customers. Do you know what the day after Thanksgiving is called Black Friday? The reason is because many stores are in the red (negative numbers) the entire year until Black Friday where they earn enough to be in the “black” for profit. So please, be safe as you’re out after dark and standing in lines and do your “sale” homework.
Some people scope out stores in advance or bring a friend so they can hit different areas of the store at the same time or have 1 person stand in line while 1 person shops. Make a strategy if you’re going to brave the stores on those busy days. Some people place the item in layaway and then “buy” it at the sale price on Black Friday. Make a list and check it twice!
Don’t stop couponing during these busy times. If you do make the decision to make a special expensive purchase, couponing can ease those costs and make it possible. If you find a *HOT* deal while you’re in store feel free to send an e-mail from your phone or post on Facebook – be sure to add where you found the coupon if a coupon is involved.
Beth and I will be posting Thanksgiving weekend and Cyber Monday special deals, & on line events all weekend after your big Thanksgiving feast so stay tuned…..! 😉
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