The time of great discounts and promotions is approaching. And in a matter of time, this year’s November 26th and 29th, we celebrate Black Friday and Cyber Monday. Quite frankly, they are days when shopping is almost inevitable, which is why we want you to get the most out of them. In this post, we have prepared ten tips for you to get the best deals while taking care of your money and your safety. Here we go!
- Make a shopping list
Making a shopping list is always a good idea to avoid impulses and wasted time. Doing so will allow you to stay focused when you go out for walk-in stores or browse websites on the internet. If you are going to take advantage of these discount days, you must do it well. Having clear ideas is essential so that you do not wander while you figure out what to buy.
To build your shopping list, we recommend that you take these two aspects into account.
What you need: Go through the house or even your own office to identify what things you need to make the place more comfortable and welcoming. Maybe you have gadgets that require a replacement. These are the things you are going to buy first.
What you want: Of course, this time we are not going to put aside your wishes and those of your family. Also include those things that you would like to have, that you have been wanting for a long time, those gifts for the children, or the couple. Those tastes make you feel excited!
PRO TIP: MAKE SURE THAT YOUR DESIRES DO NOT PREVAIL OVER NEEDS IN YOUR SHOPPING LIST. THIS IS A GOOD TIME TO EQUIP YOURSELF WITH WHAT YOU REALLY NEED AT HOME.
- Track the actual price
Have you ever wondered if the discounts you see in the shop windows are real? To ensure that during Black Friday and Cyber Monday they are offering you discounted prices, we recommend that you track the normal cost of the products that you included in your shopping list ahead of time.
If you browse online stores or visit shopping centers, have your shopping and wish list at hand, look at the regular price of the products and write it down in a column of your list, that way you will not forget it and, when the discount offers begin, you can compare it with the sale price.
What are the benefits of the Pre-discount Price Evaluation?
● You will recognize better a good deal.
● You will feel the peace of mind and confidence that you will be making a smart purchase.
● You will know if you really are saving money.
● You will identify how much money you need, on average, to cover your shopping list.
● You will be clear on the approximate total price of your entire list.
PRO TIP: ADD UP THE REGULAR PRICES OF EVERYTHING YOU WANT TO BUY AND THAT WAY YOU WILL KNOW HOW MUCH YOU COULD SPEND AT MOST.
- Build a realistic budget
If talking about this topic makes you lose your enthusiasm, don’t worry! We are going to explain why defining a realistic budget is a good idea and how to do it easily.
It is likely that when creating your shopping list you were enthusiastic. So to avoid losing your financing, it is key to have a well-defined budget that you can respect even in these days of frenzy. To create it, take these tips into account.
- Monthly income
Of your total income, Set aside the amount that allows you to cover all your basic household expenses and any outstanding debt. In this way, you do not put personal or family well-being at risk.
If you have destined a monthly amount to save, put it safely.
- Do not spend
If you know that until November 26th, your new income will not have arrived, get ready from the beginning of the month, or even months earlier; to save as much as you can. This way, you can look forward to the discount season with enough money to face purchases on Black Friday and Cyber Monday 2021.
Calculate how much you have left for purchases. That will be your budget! Don’t be afraid to shorten the list if you see that you might be over budget.
PRO TIP: WHEN YOU MAKE YOUR BUDGET, ALSO CONSIDER ADDITIONAL COSTS, SUCH AS HOME DELIVERY OR THE ISD IF YOU BUY ABROAD.
- Identify the stores you want to buy from
When shopping in walk-in stores, it is common to wander through the stores without being clear about which one you are most likely to find what you are looking for. The same also applies to online stores.
During Black Friday and Cyber Monday, time is money so you must be clear in which stores you hope to find what you want. So that the options do not overwhelm you. Try the following:
● Classify your purchases by categories, for example, clothing, technology, appliances, etc.
● For each category identify up to three physical or online stores where you want to search for products.
● Select stores according to criteria such as quality of its products, convenient offers, secure payment gateway, etc.
PRO TIP: HAVING MORE THAN THREE OPTIONS CAN INCREASE INDECISION AND WILL ALSO WASTE A LOT OF TIME.
- Discover what type of buyer you are
It’s time to be honest with yourself… Do you know what attitude and behavior you adopt every time you go shopping? Perhaps you are somewhat impulsive or enthusiastic, perhaps what calls you are past experiences or, on the other hand, you have a hard time deciding.
Knowing what type of buyer you are will help you identify your weakest and strongest tendencies when buying. Therefore, you will be able to choose and take advantage of the Black Friday stores and offers that best suit your profile.
Don’t forget that you should be a smart shopper first and foremost; stay focused on your budget and priorities, and not get carried away by those tempting giant ads that seem to know what you want.
- Take advantage of promotions for your banking products
Banking products can also help you wisely and constructively; take advantage of the promotions available in different establishments. When Black Friday is around, pay special attention to the emails your bank sends you announcing the new benefits — especially those with excellent promotions, offers, and payment facilities that are convenient for your personal or family finances.
PRO TIP: USE YOUR CREDIT CARDS WISELY, KEEP IN MIND YOUR AVAILABLE SPACE AND YOUR FINANCIAL CAPACITY. WHEN USED WELL, THEY ARE A GREAT TOOL FOR MEETING NECESSARY PURCHASES.
- Be clear about the terms and conditions
Finally, we advise that whether you are buying in physical stores or online, make sure you understand what the terms and conditions of your purchase are. Here are some ideas about what you should know:
● Warranty of the product.
● Policies return or exchange.
● Policies shipping and home delivery.
● Services additional included in the cost.
Stay tuned for more discount tips and information about Black Friday and other discount days such as Singles Day and Cyber Monday, here at Blackfriday.shopping.