Black Friday is a day that offers many buyers these two things: Deals and debt. Sure, you can save some bucks on a big TV you probably don’t need, but buying it on credit could put you into an unnecessary financial hole.
Why do so many people shop on Black Friday? Some do it to save money. Others do it for fear of missing out, which is probably the biggest reason why the post-Thanksgiving shopping bonanza generates so much commerce.
If you missed Black Friday because you weren’t “feeling the fever,” didn’t have enough to spend, or were too busy to participate, don’t worry. We’ll discuss why missing out could be a good thing, and how you can still find deals later on.
You Automatically Saved by Not Spending
Whether it’s at the mall or online, many Black Friday shoppers tend to go crazy with impulse purchases. They see items with huge markdowns and buy them just because they don’t want to live with the guilt of letting a great deal go to waste.
What does this result in? Racking up tons of debt to collect unnecessary items. And it can also lead to a ton of buyer’s remorse that can make you wish you didn’t participate in the shopping holiday.
By not doing Black Friday, you got the best deal of all: No debt. You strayed from the FOMO (fear of missing out) curse and all the impulse buying that comes with it.
In short, you saved more than any Black Friday shopper could by not spending a penny.
Deals Still Exist After Black Friday
While retailers may make their biggest push on Black Friday, there are still deals to be had during the rest of the holiday season and even year-round.
In fact, some people find that acting quickly on a Black Friday deal backfired. Why? Because they could have bought the same item days later for cheaper.
Thanks to the Internet, you can easily find the lowest price and new deals for an item you want. There’s no need to stress over missing a one-day sale, because you can quickly pinpoint another one that could be even better.
Online Shopping Makes It so Easy to Save
In continuing with the shopping benefits of the Internet, there are plenty of sites and apps that help you get the most bang for your buck. Best of all, they work 365 days a year, making Black Friday obsolete in some instances.
You could do manual online searches for coupon and promo codes, but with so many apps and extensions that will do it for you, why bother?
Whether it’s finding the lowest price, giving you cash back for purchases, scouring the Net for coupons that actually work, or alerting you of hot deals, apps are your bank account’s best friend. And they’ll make you realize that missing out on Black Friday was somewhat of a blessing.
As for which apps you can use to save all year long, here’s a quick list of some of the best: