This Black Friday, Shop Strategically, Not Erratically

Black Friday gets a lot of bad rep, and deservedly so! Americans do tend to overspend on Black Friday with as many as 60% of Americans saying they will overspend their budget if they find a good deal. 

Now, I DO NOT recommend spending more than your budget allows, and I do not endorse spending or shopping as a form of entertainment. I also urge you all to remember that a deal is not a deal if you can’t afford it. 

That being said, you can shop on Black Friday and take advantage of Black Friday deals by shopping strategically.

Make a plan of action and stick to it.

1. Stock up on Toys for Birthdays

My kids get invited to a lot of birthday parties. I keep an eye out for cheap toys that will make good gifts. If I see something under $5, I buy a few. Not only does it save me money, but I don’t have the stress of buying a gift at the last minute.

Check out some of these games:

2. Take Advantage of Free Shipping

Many stores offer free shipping, so you can get what you want without having to pay for shipping. For example, is offering free shipping today.

All these books are available on Bookshop:

3. Stick To Your Gift List and Get What You Need.

Write down WHO you are getting gifts for and HOW much you want to spend. Find deals for each person that is on or below budget. It can be a fun game: can you get a good gift for everyone on your list by spending even LESS money than you planned?

Here are some ideas to get started:

4. Check the Return Policy

Make sure you only purchase items that have a good return policy (unless you are absolutely sure you want the item). That way, if you have buyer’s remorse, you can return it later.

6 Tips To Curb Black Friday Spending

Can you afford it? That is the FIRST question you should be asking when evaluating Black Friday Deals.

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 enticing ads.

Especially if you are going to do some shopping, you need to make sure you can resist the urge for all those Black Friday deals. Not everything is a good deal, and not everything can you afford.

Here are some tips to help you curb your Black Friday spending and not blow your budget. Of course, you don’t want to be a gift to the credit card companies this Black Friday weekend.

1. Make a List

Make a list of what you need and stick to the list. For example, spending $16.97 on Rubbermaid Storage Containers is great if you need storage containers. Still, if you never use storage containers, then it’s just $17 in the garbage even though it’s technically a good deal.

2. Stick to a Budget

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 a great pride to be had in not going over your spending limit.

3. Budget for Splurges

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 Rely on Rebates

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 taking an endless amount of time to arrive. So if you won’t afford to pay for the whole thing- don’t buy it.

5. Use Cashback

Use all the cashback sites and apps that you can. Sign up for store loyalty programs. Use them to get some money back or some coupons for purchases you may need later. When you make big purchases, you can get a nice chunk of money from cashback sites. Check out a list of all the cashback sites and apps here. 

6. Resist the Pressure

DON’T FEEL PRESSURED. 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, you can pay full price for these items at a later point.

Shop Responsibly!

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Hi! I am a millennial mom with a passion for personal finance. I have always been “into” personal finance but got inspired to start my blog after a period of extended unemployment. That experience really changed the way I viewed my relationship with money and the importance of accessible personal finance education.