Thursday, 22 November 2018

How to save money on Black Friday

The rush to get all your holiday shopping done is underway.
The kick-off to the biggest shopping event of the year is Black Friday. Years ago it was something we only experienced on the news. But now Black Friday sales are happening all over Canada too. Giving Canadians the opportunities to save money during this shopping extravaganza. So how can we navigate this opportunity to save money?

Shop at the big box stores.
Hit the department and big name stores first. They have the ability to offer the deepest discount. In many cases, you can return the item later, if you find a better deal.

Sign up for subscriptions

Subscriptions boxes for things like weekly grocery delivery or clothing are all on sale. If you have been thinking about getting these everyday items delivered to your door, check to see if the company you want to buy from is offering a one day sale. Also, this is a good time to renew your gym membership or negotiate your cable bill.

Hold off on Christmas décor
When it comes to buying a Christmas tree, this isn’t the time.
A report from the mobile payment company Square Up says the cheapest time to get a real tree is a week before Christmas.
At that time the average cost of a real tree is $34.
Go a step further and wait until December 23red when holiday décor is on the deepest discount.

Week-long event
Black Friday is not just one day, it’s a weeklong event. There is also cyber Monday where shoppers can take advantage of deals online. Don’t feel the urge to buy it all in one day.

Keep on track

Finally, make a budget, write up an exhaustive list of things you need. Not just presents for your family and friends, but food and drink for holiday parties, tickets for train and air travel. See if you can get any of those items cheaper during the next few days. Most importantly, stick to your plan to avoid those big credit card bills after the holidays and remember, it's not a deal unless you need it.

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