How to Make the Most Out of Black Friday Deals?

There are two things coming up, A black Friday and a recession and they are connected. The more money you save or the less money you spend during the blackfriday will decide how good you will be able to survive the recession. Dont get me wrong. Deals are good. Discounts are good. But only if you prepare and spend consciously. So in this blog, I will help you to be prepared to spend less and get what you want. and then at the end, I’ll give you two tips that you can use to make the most out of this black Friday, So lets get started.

American consumers spent $8.9 billion online during the last Black Friday. Like, who doesn't want to buy on discounts? It should be a good thing, Where can it go wrong? To answer that, we need to know a bit about human psychology. We, humans, are highly irrational. We often make decisions that are not in our own best interest. This is why we tell ourselves we'll exercise more, buy all the fitness gear, get an expensive gym membership, and then forget about it after one month. The same decision-making brain is at work when we sit at our computer looking for deals.

Because a deal on a product isn't really a deal if that product is not something you need. We get easily swept away by bargain prices and buy things we don't need. And the universal truth is we don't need most things other than food and water. Most things we buy are just nice to haves; a few you want, and a few you need. The problem with discounts and offers is that they conVert all those "nice to haves" and "wants" into "needs." Before you sit down to grab that deal, it is a good idea to ask yourself some questions: Do I really need this? How many times will I use it? Or do a Marie Kondo: Ask yourself. Does this spark joy? Once you have the answers, make a list of things you really need to buy.

Once you've put together this list, the next thing to do is to set a budget, a realistic one. Calculate the absolute maximum amount you can afford and stick to it. I know some deals would be tough to resist, but this should be like "the red line you shall never cross." People get swept away in the excitement and make impulse purchases all the time.

And the companies know this well and are counting on you to mess up. They don't make money by selling you stuff you wanted to buy but from those, you weren't intending to buy. It's you against them. Hold your fort.

After you have set your budget, do research and shortlist brands and models. Don't buy from an unknown brand just because their washing machine is at an 80% discount. If it stops washing after a month, you just make a 100% loss. So it's always better to put quality over quantity. The next thing is to note down the price, the average price, and the cheapest the product was ever sold for so that you get a clear picture of how much savings you are getting.

85% of products in the previous Black Friday' sales' had already been available for the same price or less six months before. You can use many websites to check this. For example, camel camel camel provides price history for amazon products. I use an app called idealo. Just because it's a Black Friday price doesn't mean that's the best deal that ever happened for that product.

Now would also be an excellent time to sign up for membership programs like Amazon Prime. You will be able to get your hands on some early deals. And if it's a real killer deal, it'll fill up before it even becomes public to nonprime members. You can easily get back the membership costs with one discounted product.

Whatever I mentioned until now has to be done before the deals come, before the madness starts. This is the preparation phase. Now to the tips on how you can save even more on the D Day. When we see a 30-40% discount on the products we want to buy, most of us will be excited and start entering the card details. But you can save more with a few extra clicks. Just google the brand or dealer website, and you can find other coupon codes.

Most brands give you a discount just to sign up for their newsletter. Use a service such as temp mail to create a disposable email and sign up for the newsletter. Now you will have the Black Friday price plus the additional discount from the coupon codes.

Along with coupons, another thing that can save you some money is cashback offers. There are so many apps and websites like shoop that help you get a percentage of what you spend paid back to you. Some will pay you in cash, others with discounts or rewards. And finally, if you have the means to do so, follow conscious consumerism. There is a whole process that takes a product from the raw material stage to the shopping cart.

Make it a practice to buy from companies that care about their social, economic, and environmental impact. That means avoiding a company that compromises the well-being of workers, animals, or the environment for financial profits.

Now let me know in the comments what you have planned to buy. If you got some value from this blog and if you things some one in your network might need to see it too, do share it with them.