Black Friday and Cyber Monday are the two busiest shopping days of the year. To be sure, both days will be full of killer deals and they can be a great way to save money and spread out holiday spending.
But they can also lead to impulse purchases and overspending which can take a toll on your budget and lead to unnecessary debt — especially if you’re relying on credit cards for your holiday spending. Here are some tips to make sure Santa is the only one in red.
- –Avoid impulse buys. Sure, the new 90” TV is a “good deal,” but ask yourself whether you really need it.
- –Make a budget and stick to it.
- –Look for extra coupons and free shipping.
- –Pre-shop for the things on your list so you know whether they’re a good deal.
And remember the saying: Don’t go broke saving money.
Loren VanDyke Wolff is a consumer attorney with the Wolff Law Firm, PLLC where she practices with her husband, Ben. Together they work to help Kentucky consumers by providing legal services including: bankruptcy, foreclosure defense, and credit card defense. Visit them at www.ittakesawolff.com and follow them on Twitter @ItTakesAWolff.
