Black Friday

You can almost smell the turkey now. Thanksgiving is just a couple of days away. You can look forward to a festive day filled with lots of fun, lots of family gossip and loads of carbs. So while the gym may be open the next day, there is an even better way to burn those carbs – shopping. Yes, the Day After Thanksgiving sales are this Friday. With so many sales and promotions, it’s hard to know where to start.

Here are the Do’s & Don’ts for The Day After Thanksgiving so you DO end up with deals that DON’T break your budget.

Do’s

1. Do your homework – Before showing up at a store at 5am just to join the crowds, do your homework. First make a shopping list of all the gifts you need to buy and the amount budgeted per gift. Second browse the Black Friday ads either in your newspaper or online at bfads.net or dealnews.com/blackfriday
2. Do shop on Thanksgiving – Physical stores may be closed on Thanksgiving, but online stores are open and brimming with deals. Many retailers will offer special Thanksgiving Day deals and promotions to entice you to step away from the turkey and shop. If you want to shop at physical stores, wait until night time and hit the outlets. North Georgia Premium Outlets open at 12am on Friday.
3. Do know price match policies – Instead of running around town from store to store, ask your favorite stores about their price matching policies. Many stores will honor the price in a competitor’s ad, you just have to ask and show the ad. However limited quantity or time items may be excluded from these policies. Target and Wal Mart are in a particularly fierce battle and look to sway the other’s customers with price matching. Dealnews.com has a nice price match policy reference list along with customer service numbers.
4. Do learn the return policy and get a gift receipt – Stores have gotten even more stringent with their return policies this year. Make sure you know how and when an item can be returned. It is also helpful to provide a gift receipt with the gift. This is most important when purchasing electronics as many times they have limited return periods and even restocking fees.
5. Do dress appropriately – Shopping on Black Friday can become a long day. Make sure to dress in warm layers that you can adjust as you go through the day, especially if you plan to be start shopping at 5am. Keep other items to a minimum. Bring a small bag and only the credit cards, checks or cash you need that day, not your regularly packed wallet.

Don’ts

1. Don’t leave the house without a plan – If you don’t know what you are buying or whom you are buying for don’t go shopping. Hitting the stores just to go deal shopping is no deal at all.
2. Don’t buy for yourself – The purpose of Black Friday is gift shopping. You are looking to save money on gifts for others not gifts for you.
3. Don’t rush to buy, especially electronics – Let’s be honest, you’re not standing in line in the cold at 3 am to buy an LCD TV for your uncle Bob or your kid’s teacher. You are buying these expensive electronics for yourself. If it’s for yourself, wait until after New Year’s to buy. You can get a better deal then and avoid the crowds. New electronics come out in early spring and stores will have lots of promotions on existing models early in the year.
4. Don’t forget about coupons – It’s easy to get overwhelmed by all the sales and promotions but don’t leave money on the table by forgetting to use coupons. Stores have many coupons this time of year, so pair them with the sales and get even more savings. ShoppingQueen.com will feature lots of printable coupons.
5. Don’t worry about missing out – Black Friday is no longer the only big shopping day. So if you didn’t get all your shopping done, don’t worry. Cyber Monday is next week and you can take advantage of sales and promotions online. Tune in next Monday to hear how to snag the best deals on Cyber Monday.

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