Money saving

How to make a saving on Black Friday

Posted 21 November 2016

Find out which debt solution is right for you

Get started

Answer a few simple questions

See if you are suitable

Understand your next steps

Learn how to make Black Friday work for you.

You may have noticed that Black Friday has made its way over the pond in recent years. Black Friday is the Friday after Thanksgiving in America, and traditionally marks the start of the Christmas shopping season. Retailers promise great savings, and it’s not uncommon to see crowds of people dashing to the shops to try and take advantages of the bargains.

It’s on the 25th of November this year, and this means that a lot of people will already be eyeing up products they’re hoping to get at a discount and retailers will be hoping to see a spike in their sales figures.

Getting your hands on a real bargain feels great, and if there’s something you need to buy for you and your family, waiting for the sales can be a good idea. But it’s important to make sure you’re genuinely getting a good deal and you’ve done a bit of research beforehand.

To make everything easier here are our top tips for getting a great deal this Black Friday.

1. Check your budget first

Have a look at your budget before you hit the shops on Black Friday, so you know how much you can afford to spend.
It’s easy to get carried away at this time of year, especially with all the shops enticing you in with promises of amazing savings. There’s nothing wrong with planning to buy something in the sales – but just make sure it’s something you needed to buy in the first place and that it’s not going to push you over budget.
After all, if you buy lots of items at a lower price, but you didn’t need them in the first place, you haven’t really saved anything at all.

2. Do your research ahead of time

As we’ve said, it’s important to know what you want ahead of time, this will stop you from spending money on things that won’t really benefit you and make the shopping experience less stressful on the day.
Do a little research into the make, model and specifications of the item you’re after. It might also be worth looking at some customer reviews as well. Doing your research should mean you spend less time in a crowded shop and end up with a product you’re really happy with.

3. Keep your eyes on the price

You might be comforted to know that, in most cases, you have more than just one day to bag a bargain. Although the event itself is called Black Friday, for most retailers the deals aren’t just going on for one day. Lots of shops lower their prices in the run up to Black Friday and end them at midnight on the Friday itself.
Keep your eyes on the price in the days beforehand and you might find what you’re looking for at a great price sooner than you thought.

4. Sign up to emails

Signing up to store emails can be a good idea, so you get all the important information first. Or if you don’t want to get emails from them, follow the companies on Facebook, Twitter or Instagram.
You can always unfollow them and unsubscribe to their emails after Black Friday, so you’re not receiving unwanted messages and notifications.
By doing this you'll know the times and dates for the sales you’re interested in.

5. Look online

You should be able to find lots of the Black Friday deals online, and this might prove a much less stressful way of getting what you want. You’ll be able to choose when you ‘visit’ the store regardless of opening hours, and it’s much easier to compare prices online.

We’ve got lots more money saving tips on all areas of life, so make sure you check out the rest of the money saving section.

by Christine Walsh

Back to blog home

Did you find this useful? Share it with others!

To find other sources of free advice visit Money Helper. It’s here to listen and give free, impartial, trusted guidance. Based around you and backed by government.