Everyday Finances
4 tips to score big Black Friday deals without overspending
Oct 29, 2024
Written by
Black Friday weekend is one of the biggest shopping events of the year. But it's easy to get swept up in the excitement and overspend or miss out on the best bargains. To help you score the best deals without busting your budget, here are a few tips to make your Black Friday shopping successful, stress-free, and wallet-friendly. The last thing you want is to get so caught up in the excitement that you rack up too much credit card debt.
1. Make a list and plan ahead
Before the Black Friday chaos hits, make a list of the items you genuinely need or have been eyeing for a while. Whether it's a new tech gadget, home appliance, or Christmas present, writing down what you're looking for will help you stay focused and avoid unnecessary purchases. This way, you can avoid the temptation of flash sales on items you don’t really need. (That dinosaur-shaped ladle may be 70% off, but be honest with yourself, your utensil drawer is already overflowing).
2. Do your research
Once you have your list, take some time to research which retailers are offering the best deals on those items. Businesses often release previews of their Black Friday deals, allowing you to compare prices ahead of time. This way you can be sure that you’re getting the best deals on the items on your list.
Sign up for store newsletters and loyalty programs, as many retailers give exclusive early access or additional discounts to members. With a little preparation, you'll know exactly where to shop and when, saving you time and money on the weekend.
3. Get all your Christmas shopping done
One of the best ways to save money on Black Friday is to use the weekend to get all your Christmas shopping done. Retailers offer big discounts on everything from electronics to clothes, toys, and home goods. This is a great time to buy everything on your holiday list. By knocking out all of your holiday shopping in one go, you’ll avoid the last-minute scramble (and overspending) that often happens closer to Christmas.
4. Set a budget
Before you start shopping, set a budget for how much you can afford to spend on Black Friday, especially if you’re shopping for Christmas presents. With so many deals, it’s easy to get carried away, but by knowing how much you can spend, you can avoid getting stressed out. Stick to your budget, and you'll feel good about your shopping adventure.
Black Friday can be a great time to snag deals, but the key to saving money is being strategic. With a little planning, a focused shopping list, and a set budget, you can take advantage of the discounts without feeling the financial pinch later and digging yourself into too much debt. Get ready for some smart spending and enjoy a holiday season that doesn’t break the bank!
Written by
Madison works as a Marketing Copywriter on Achieve's Growth Creative team. She creates content across multiple platforms, including crafting emails and blogs.
Related Articles
Your debt-to-income ratio tells lenders how much money you can borrow. Find out how it works.
If your bills are getting out of hand, debt resolution is one way to take control of your finances and defeat your debt.
Meta description: A home equity loan could turn your home’s value into money you can spend to improve your life. Find out how.
Your debt-to-income ratio tells lenders how much money you can borrow. Find out how it works.
If your bills are getting out of hand, debt resolution is one way to take control of your finances and defeat your debt.
Meta description: A home equity loan could turn your home’s value into money you can spend to improve your life. Find out how.