Some of us wait all year for the holiday shopping season, hoping to get the best deals on the newest electronics, clothing or gifts. Usually this is when see some of the biggest sales of the year on virtually everything. Black Friday is the day after the Thanksgiving Day and is the biggest retail sales day.
The holiday shopping season is also when most tend to over spend.
Here are some tips to help you stay on track and enjoy the season:
Create a budget and shopping list.
Creating a list and budget and sticking to it sounds simple. But Black Friday sales are designed in part to get shoppers into a store or on a website so the retailer can sell you stuff you weren’t intending to buy. It’s really easy to get caught up in the excitement and buy things you didn’t budget for. Decide ahead of time how much you want budget for your Black Friday shopping and do your best to resist impulse buying.
Use loyalty programs.
Store loyalty programs often give members early access to coupons, sales, and promotions, then let them earn rewards on what they buy. You can also sign up for Black Friday shopping alerts. Also, most programs offer free in store pick up or shipping.
Social media posts from your favorite retail stores are a great way to find out about the best deals and promotions. Retailers will often reward customers who like or follow them with special alerts to Black Friday discounts. Posting on social media is also an easy way to share Black Friday shopping finds with your friends, too.
When you shop local, you are investing in your local community by creating jobs, infusing the local economy and creating a stronger sense of community. In fact, most people say they receive better customer service from local retailers as opposed to “big box stores”.
For more savings tips, check out these Effective Strategies for Saving on our website and for additional reading, view this list of Money Management Resources.
If you’re ready to take the next step and meet with an expert on financial planning, find out more about our local team of financial planners today.
We’ve been your community bank for 120 years and we continue to be honored to serve you. Contact us today and let us know how we can help with your financial goals.
Founded in 1902, Queensborough National Bank & Trust Co. is Georgia’s community bank with more than 25 locations throughout Georgia. Queensborough was named Best Small Bank in Georgia for 2021 by Newsweek. For more information, visit www.QNBTRUST.bank and find Queensborough on Facebook, Twitter, LinkedIn, YouTube and Instagram.