It’s Not A Deal If You Can’t Afford It
A deal is only a deal if you can afford it… Keep on repeating that to yourself as all the Black Friday deals start popping up on your feed and you pass all those ads. The peer pressure can also be overwhelming as you see and hear about everyone’s “great purchases”. But you can be proud of yourself for not letting Black Friday derail your budget or your saving goals.
Black Friday can be a day to get some good stuff but it can also be a day where you blow all your money on impulse shopping.
So here are some tips to guide you through the weekend:
1. Make a list of what you need and stick to the list. Spending $29.99 on an Amazon Fire Tablet is great if you really need a new tablet, but if you don’t really need it then it’s just $30 in the garbage even though it’s technically a good deal.
2. Decide how much you want to spend and don’t spend more! The same advice that always applies is even more applicable for Black Friday. Make a budget and stick to it! There is great pride to be had in not going over your spending limit.
3. Allot some money for splurging. How much will you spend on impulse shopping and on fun things you see and don’t really need. It’s ok to splurge if you have the cash to back it up.
4. Don’t count on rebates. Rebates can bring your purchase price down by a lot but don’t buy something unless you can afford to cover the entire amount. Rebates have a nasty habit of being lost, forgotten, rejected or take an endless amount of time to arrive. So if you won’t be able to afford to pay for the whole things- don’t buy it.
5. DON’T FEEL PRESSURE- with all the advertising and marketing dollars spent over the next few days it’s hard not to get caught up in the pressure of needing to buy stuff. It can get to the point where you feel as if you “missed out” by not getting any “good deals” and being left out of all the action BUT there is nothing to gain by shopping for the sake of shopping. Don’t wake up tomorrow feeling like you spent all your money on things you don’t need and won’t use. Many of these items will probably go on sale again at one point and if you are frugal and stick to your budget then you can pay full price for these items at a later point.