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Black Friday: Shop Smart, Save More!

The thrill of endless great deals makes Black Friday shopping ideal for many, especially when they have a long list of holiday must-buys. But, if not planned for properly, people can actually end up spending too much money and setting themselves and their finances back.
By MSA Staff

The thrill of endless great deals makes Black Friday shopping ideal for many, especially when they have a long list of holiday must-buys. But, if not planned for properly, people can actually end up spending too much money and setting themselves and their finances back.

To help you and your finances stay ahead, here are some Black Friday shopping tips so you can check off every item on your holiday list and not have to worry about breaking the bank.

Make the Most Out of your Money on Black Friday

  1. Build a budget now
    Before you start making any purchases, you need to create a budget and stick to it. You can do this by listing out your monthly income, necessary expenses like bills, and how much money you want to set aside in case of emergencies. Once you get your final numbers, you will have a better idea of how much you can spend on your holiday list without going over your budget.
  2. Research deals ahead of time
    Remember having to camp out all night in front of stores to find out about and get first access to exclusive Black Friday deals? Thankfully, those days are over now that practically all stores advertise their sales online long before Black Friday. So, all you just have to do is take a little time to do your research, compare prices of the items you really want, and find and take advantage of any additional coupons or discounts.
  3. Stick to your gifting list
    When you’re shopping for loved ones – or yourself – it can be easy to go overboard and buy more than what’s on your list. To prevent this, think about only giving gifts that your people really want, ones that will last, and ones that are the most useful in their daily lives. This will allow you to be more intentional with your gift giving, which your wallet will thank you for in the long run!
  4. Remember deals don’t stop with Black Friday
    The great deals don’t stop once Black Friday is done. With Cyber Monday and everything else in between, you’ll have many other opportunities to score items on your holiday list at great prices – which may even be lower than on Black Friday! So, make sure to keep doing your research and be on the lookout for more sales!

Final Thoughts
Black Friday will come up fast, so make sure to not wait until the last minute to start planning! Doing this now will ensure that you have a clear picture of your finances and can focus on checking your lists twice and spreading holiday cheer – not on overspending.

And, if you need additional help, feel free to reach out to your Money Coach at 888-724-2326! They not only can give you helpful tools, but they also provide unbiased guidance, accountability, and encouragement to keep you on track financially as you navigate through Black Friday and the rest of the holiday season.

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