How Black Friday came about

Be mindful of your budget and stick to it.

BLACK Friday is the day following Thanksgiving Day in the United States.

Thanksgiving is on the fourth Thursday of November. It has been regarded as the beginning of the Christmas shopping season in the US since at least 1932. It is a day of big deals, bargains and promotions for American shoppers and this mania seems to have taken hold in South Africa.

It’s not only Black Friday which has become popular in South Africa, but also Cyber Monday, which is normally the Monday following Black Friday, when online shoppers take to cyber space.

The term ‘Cyber Monday’ was created by marketing companies to persuade people to shop online. Whatever its origin, it has come to mark the commencement of the Christmas shopping season and has spread across the globe.

Shoppers the world over have now come to look forward to a day in November where they can expect deals on almost anything and make hefty savings ahead of the festive season.

Our advise to you: 

Go out there and benefit from what Black Friday has to offer. As with all things, ensure that you balance your spending with your earnings and savings.

ALSO READ: Tips to stay safe at shopping centres this festive season

Stick to your planning and avoid getting yourself into financial trouble while enjoying this once-a-year opportunity.

Buy only what you need, do not go overboard on gifts and spend your time and money wisely.

 

DID YOU KNOW?

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