It’s that time of year… again, the time to spend all your hard-earned money on friends and family for the holidays season.
Below are a few tips to improve your Black Friday / Holiday Shopping Season.
1. Set a budget
There is a lot of shopping to be done and a lot of money to be spent. But it’s a wise idea to set a budget of what you expecting to spend this year. Jot down what you are willing to spend on each person.
2. Start a shopping list
Shopping lists are your friends, it will keep you on track and on budget. Start your list early enough, 2-3 weeks before Black Friday and add/remove as things change.
I usually have two lists, one for my wife and I and one for everyone else.
3. Do your homework
Know what you want, what you can buy it for everyday and how much you’re willing to spend. This way when you see a great Black Friday deal you can buy it with confidence. Black Friday and the Holliday Shopping can be stressful don’t add to your already stressful day because you’ve waited till the last minute.
4. Buy the right thinks at the right time
Everyone knows, TVs are great to buy during Thanksgiving / Back Friday. Jewelry however is best bought after the new year but before Valentine’s day. Appliances usually are cheaper during Labor Day. New cars usually towards the back end of the year when the new models come out for the following year. Towards the end of the month or quarter as dealers have to make numbers, shop a few and know what you want to pay before. You can use trucar to get an idea of what others have paid. You get the idea.
5. Know the difference between need and want
If you don’t already there is a huge difference between wanting something and needing something. We identify food, safety and shelter as needs, everything else are wants. With that said, that new Mac book pro sure looks good and I haven’t upgraded in 7 years, so this year I splurged and got one. (Last year’s model from bhphotovideo.com for $600 off) cheapest I’ve found.
6. Say NO to cheap
That low price of that subpar item sure looks attractive, but think of the hidden costs. It will break faster, made from cheaper materials, and will not give you the satisfaction you deserve. Buy new, maybe last year’s model if we can’t find the right deal but not a 4-year-old model. Think of the Apple watch series 1, sure it works and this holiday season it’s sub $200, but the series 3 is sub $350, it has a faster processed and improved components. Buy the right thing once and don’t upgrade every year, you will be happier, spend less money and less stress and frustration.
7. Pace yourself
Have a gameplay for your holiday shopping, what stores you plan to hit on what days. If you miss a few items it’s ok, there are plenty of opportunities, and after all almost everything is a want not a need. Don’t let Black Friday, Cyber Monday or any other holiday shopping stress you out it’s not worth it.
8. Divide and conquer
Shopping is a sport, if you split the responsibility and divide the opportunities, stores and items it will go by faster with less stress.
9. Use Tech
Shopping will go by faster if you user tech to your advantage. Use sites like BestBlackFriday.com to find what deal each store has. Dig the interweb for anything that might have missed. There are plenty of apps that will help tracking prices. Use Amazon and Walmart as default search stores, most of the time they have the best prices and most physical stores match pricing of these online retailers.
10. Relax and be Safe
After it’s all done remember to breath, your shopping season is over…..
These are a few tips for this holiday shopping season and I hope this helps get you ready.
Do you have a tip that helped you this year? Let us know below in a comment!