Black Friday financially savvy tips |

Black Friday is undoubtedly one of the busiest shopping days of the year. Billions of shoppers around the world will be trolley dashing this Friday, 29 November. While it is a good time to get some of the best deals, it could lead to overspending before the festive season even began.

Here are a few financially savvy tips:

Do your research: Have a general idea of the items you want to buy. Compare prices for those items beforehand to find the right store to shop at. Do your research before making your purchase to avoid paying more than you should.
Give those wish lists a reality check: Manage your loved ones’ expectations when it comes to year-end gifts. Communicate with them in terms of buying gifts; you might find that some people do not expect gifts or are happy with getting something small.
Plan what you are going to buy and shop with a purpose: Do not wander around the shopping centre or surf online aimlessly just because you feel like you have to buy something on Black Friday. You run the risk of buying items you did not plan for and end up overspending. Also, make sure you know the terms of the deals. Some stores limit the number of certain items you can purchase at one time and some retailers will not accept returns on discounted items.
Lastly, and most importantly: Draw up a budget and stick to it. Do not forget that after the festive season has finished, January will be waiting for you with all of its demanding expenses.

Get the best out of this Black Friday by using your Iemas Purchase Card to buy groceries, beauty products, clothing and other things. Remember that you earn rewards every time you swipe your Iemas purchase card. You can even increase your rewards with additional cards for your partner and/or family members – at no additional monthly cost. Call us at 0860 043 627 or visit our Iemas Purchase Card page.