3 ways to save on Black Friday shopping

0

Image source: Getty Images

When it comes to holiday sales Black Friday is not necessarily the be-all and end-all. There are lots of great deals ahead of Black Friday, and there are often sales in the weeks that follow.

Still, the temptation to shop on Black Friday is unobjectionable. However, the last thing you want to do is indulge yourself Credit card debt while you stock up on offers. This is how you save for a shopping spree on Black Friday.

1. Cut down on some expenses

Chances are, there are some things that you spend money on each month that aren’t strictly necessary. And to be clear, there’s nothing wrong with indulging yourself here and there. However, if you want to top up your cash reserves on Black Friday, you may need to cut spending temporarily. That could mean making a commitment not to eat out for a few weeks or canceling your cable plan for a few months.

2. Get a sideline before Black Friday

You may not have too many expenses that you can or want to cut back on, but that doesn’t mean you are out of luck when it comes to cash. When you’re ready to temporarily take on a side gig, you can do yours Bank account Balance in time to take advantage of Black Friday offers.

What kind of Second job should you chase It depends on your schedule and your savings goals. If you need flexibility but also want to top up your bank account well, consider going for a rideshare service. That way, you can take as many hours as you want.

Another option is to see if any local businesses need additional help in the weeks leading up to the holidays. Chances are they will. Also, there are currently some industries that are having difficulty hiring, such as restaurants, so there may be the option to take on some evening or weekend shifts.

3. Have a garage sale

Hopefully this Christmas season you will get your share of gifts. Selling a flea market ahead of time will not only give you space in your home to store those new items, but you may also get some cash that can be used for your Black Friday purchases.

Of course, if you really want to run a successful flea market, you need to advertise. That could mean posting messages on your city’s social media page or going old school and putting out flyers in the neighborhood.

Another good bet is to team up with neighbors and have a group sale in the yard to attract more people. Plus, you’ll have more potential customers if your neighbors tell their friends to show up.

Be prepared

It’s easy to convince yourself that you won’t shop or won’t shop much on Black Friday. The reality is that on a day when you face so many deals, it can be difficult to show restraint.

It’s a good idea to have Black Friday Purchasing budget to avoid debt. The more money you save upfront, the greater your chances of getting the most of these deals without running into a financial loophole.

Warning: The highest cash back card we’ve seen now has 0% introductory APR through 2023

Using the wrong credit or debit card can cost a lot of money. Our expert loves this top pickwhat functions a 0% introductory APR until 2023, an insane cashback rate of up to 5%, and all of this somehow with no annual fee.

In fact, this card is so good that our expert even used it in person. Click here to read our full review free and apply in just 2 minutes.

Read our free review

We firmly believe in the Golden Rule. For this reason, editorial opinions are ours only and have not been previously reviewed, approved or endorsed by included advertisers. The Ascent does not cover all offers on the market. The Ascent editorial content is segregated from The Motley Fool editorial content and is produced by a different team of analysts Confidentiality Policy.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.


Source link

Share.

Leave A Reply