Top Tips for Smarter Spending on BF/CM

'Tis the season to be jolly, not broke! The Black Friday and Cyber Monday shopping season is the prime time to secure discounts on nearly everything. Whether you're in the market for high-ticket items like TVs or gaming consoles or simply want to snatch up smaller holiday gifts at reduced prices, now is the ideal time to make those purchases.

While it's tempting to splurge during the holidays, nobody wants to kick off the new year with a mountain of debt. Fear not, for we have some savvy tips to keep your spending in check and your bank account happy this holiday season.

Set a budget. Establish a maximum spending limit for the Black Friday/Cyber Monday season and allocate it across different categories or individual purchases.

Leave room for flexibility. Set aside a small buffer for unexpected but valuable opportunities. However, it's important not to exceed your predetermined limit.

Opt for cash or debit. Use cash or a debit card instead of a credit card when making purchases to avoid accumulating debt, especially during sales events. This can help you stay financially responsible and prevent the temptation to overspend.

Make a wish list. When shopping online, creating a wish list for items you want makes it easier to track price drops. Just check your wish list to see if anything you're interested in is on sale, saving time and helping you stay focused.

Compare prices. During BF/CM sales, not every discount is a great deal. Use a quick Google search to compare prices and take advantage of price matching at major stores.

A well-thought-out strategy is crucial for maximizing savings on gifts and high-value purchases during BF/CM. With a carefully planned approach, you can snag incredible deals.