Spend wisely this Black Friday

Known as one of the biggest shopping days on the retail calendar, Black Friday originated in the USA and always takes place the day after Thanksgiving.

Just like Halloween, this American tradition has gained popularity in South Africa with consumers flocking to shopping centres to take advantage of the incredible specials on offer.

Despite the economic downturn this year, retail outlets across the country are advertising products at low prices and promising consumers the best deals possible.

For shoppers who are planning on getting a jumpstart on their Christmas shopping, or are simply looking for good bargains, here are some tips to keep in mind before you embark on a spending spree:

• Set your alarm. Judging by the number of people lining up at stores last year, you might want to get the day off to an early start so you can secure your space in line.
• Do your ‘research’ and price-checking in advance. Check websites, shopping brochures and advertisements before you head to the stores, so you know what bargains you are looking for.
• Make a list (and check it twice) so you can map your route around a store and know what products you want and where you will find them at each individual shop.
• Last, but not least, make a budget and stick to it. Try to avoid impulse buys. By doing this, you can prevent ‘buyer’s remorse’ and not stress about arriving home with products and items which you don’t really need.