It’s no surprise that while stores were clearing out the leftover Halloween candy, they re-stocked their shelves with all things holiday. Christmas decorations have been out for weeks and Thanksgiving is nearly a week away– which means Black Friday is upon us.
Shopping the Black Friday deals is a great way to save on your holiday gifts this year, allowing you to stretch your budget. Even tougher than figuring out what to give? Figuring out how to budget for it. Check out these top tips for keeping your bank account in check this holiday, while making sure everyone finds their favorite gadgets under the tree.
Timing is everything.
This year, retailers are pulling out all the stops to deliver the best deals all season long, with the steepest discounts kick-starting the shopping season early. Industry experts expect the lowest prices to hit on Thanksgiving Day, according to a recent Business Wire article. “Consumers will be able to get the best deals this year if they shop online on Thanksgiving Day,” said Brad Rencher, senior vice president, Digital Marketing at Adobe.
Look for online coupons.
For discount and free shipping codes, always head to a coupon database like RetailMeNot before completing your online purchase. If you’re shopping from a national outlet like Walmart, Target or Home Depot, chances are you’ll be able to score some big savings with their Black Friday deals. Most retailers advertise their deepest discounts for weeks in advance, so do a little research to compare prices on the things topping your shopping list this year before hitting the stores on Black Friday.
Get a financial checkup.
Before you spend a penny, assess where you stand financially. The National Foundation for Credit Counseling’s MyMoneyCheckUp tool is free and tells you how your finances are doing, how you can improve them, and you can protect them. All you have to do answer some basic questions about your monthly income and current amount of debt. (This is a great tool to use year-round, too!)
While shopping for the tech-lovers on your list, be sure to add a protection plan to their electronics. Ask your retailer for more information, or visit https://www.asurion.com/extended-warranty/.