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Blog > 2010 > November > Shop Smarter on Black Friday
November 19, 2010

Shop Smarter on Black Friday

by Hostetler, Michael

It's the biggest shopping day of the year. Retailers offer "one day only" specials and slash prices to draw in holiday shoppers looking for the ultimate bargain. Follow these simple tips to help keep your budget – and your sanity – in check.

Do Your Research
The best deal may not always be the 5 a.m. door buster. Look for holiday list items ahead of time online and in newspaper circulars to see what time special pricing expires and which store offers the best buy.

Prioritize the Early Shopping Deals
By 10 a.m., most of the best deals are gone, lines are horrible and stores are a mess. If you're looking for something in particular, shop for those items first and limit your shopping to stores likely to yield the best rewards.

Remember that your time is valuable, and ask yourself "Is the money I'm saving worth the three hour wait in line?". Also, check for those Friday specials online on Thanksgiving Day. Many retailers make door buster items available online up to 24 hours in advance.

Set a Budget and Stick to It
It's easy to get caught up in the excitement of Black Friday. Make your list, set a budget, and stick to it. Resist the urge to pick up other items at store checkouts just because they seem like good buys.

Wait for Cyber Monday
Cyber Monday is quickly becoming the next big shopping day. If you can't get all the items on your Black Friday list or don't want to brave those crazy crowds, shop from the comfort of your own home the Monday after Thanksgiving. Many retailers offer great online deals, free shipping, and free gifts or rebates for those who prefer shopping online.

Category: Money Smart
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