4 Financial Tips for Black Friday

Thanksgiving is almost here and you know what that means—deals! Black Friday is a great way to save big during holiday shopping, but the day can also make it a little too easy to overspend. The financial experts at Broussard Poché, LLP have a few Black Friday techniques you’ll want to study before the big day.

  1. Black Friday Apps
    Yes, this is a thing. Black Friday apps are here and helpful. Some of the top recommended are ShopSavvy, Shopular and Flipp. They can help you make lists and keep track of what you should buy and where. It also a good idea to download the individual apps of the stores you are planning to visit—they may offer in app deals on Black Friday.
  2. Shop Online
    By skipping Black Friday in person you may save a bit of money. Online deals can start and finish long before and after black Friday. Amazon Prime offers its own version of deals on “Amazon Prime Day.” It’s worth taking advantage of free shipping and no lines.
  3. Make a List
    If you are hitting the mall as soon as the deals go live, be sure you know what you are looking for. Go in with a plan and a short list. Make a list of what you know will be on sale. You can either do this by store or by items. If you are dedicating yourself to one store, tweak your list to reflect their Black Friday deals and not just what you are hoping to find. If you are looking for specific items, do your research ahead of time so you know where to start.
  4. Stick to a Budget
    Don’t head into Black Friday without a serious budget in mind. If you go into a store and just start grabbing items, you may find yourself in serious trouble come check-out time. Overspending could lead to a rough start of the New Year. Be realistic, look at all of your financial burdens, and stick to your budget plan. Research websites and apps that can help you price compare and consider online sales.

Black Friday deals are an excellent way to have a financially friendly holiday; just don’t get caught up in the madness and make bad money decisions you may regret. Remember, holidays are more than just one day, you have meals and travel plans to prepare for—save a bit of money for the months ahead!