Empower Blog

November 22, 2021

Making the Most Out of Black Friday, Small Business Saturday and Cyber Monday

Holidays, Money-Saving Tips
After we fill up on our favorite Thanksgiving foods this Thursday, it is time to make the shift to filling up our carts. Friday kicks off the official start to the holiday shopping season with Black Friday, Small Business Saturday, and Cyber Monday all taking place within a few days of each other. Despite the differences in deals you will find on these days, the strategies for having a savvy and successful outing will be similar across the board. The holiday shopping season might look a bit different this year with extended Black Friday periods and supply chain shortages but if you follow these tips below, you are sure to make the most out of your holiday shopping trips this winter:

Have a Plan A – and a Plan B

The best shopping, whether in-store or online, will come as a result of knowing what you are looking for. Have a plan of how much you are going to spend, and exactly what that will be on. You should know what you are buying, for who, and what section to find it in. Because of the volume of shoppers and deals, it is wise to have a back-up plan of what you may need to settle for — or a back-up plan to just wait and not buy anything that day if what you want is out of stock.

Understand the Offerings

Once you have made your list of what you need, make sure your selected vendors will actually have those items in stock and on sale — especially with the recent supply chain shortages. Check the sales flyers, ads, emails, and websites of your planned stores to make sure that the items you want are included at the price point you are willing to spend. Be sure to pay close attention to any time limits on sales, especially when it comes to online shopping.

Stick to your Budget

For brick-and-mortar stores, sticking to your budget is a bit easier if you plan on using just cash. However, when you have a plan laid out, you should be able to have a budget in place alongside it. If this is the case, you will know that when you have purchased everything on your list, your budget is also maxed out — which means no impulse buys.

Do Not Get Tricked by the Holiday Flash

In the buzz of holiday music, shiny red signs, and giant displays, it is too easy to get swept up and believe that everything you see is a great steal, or something you need. Remember, even on these mega sale days, not everything is a good deal — or even a deal at all. It is likely that items will be repositioned in the store with the same regular price advertised in a bigger, flashier way in an effort to persuade shoppers. Again, do your research ahead of time to ensure you are actually getting a deal on whatever you purchase.

Perhaps the most important tip to remember that at the end of the day is that it is all just stuff — so be kind and enjoy the experience. Consider any deals you might get from the holiday shopping weekend as bonus due to the fact that you are tackling your holiday shopping so early. Way to go, you. Happy shopping, everyone!
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About the Author
Professional Picture of Kat Hnatyshyn
Kat Hnatyshyn

Indirect Lending Program Director

Kat Hnatyshyn currently serves as the Indirect Lending Program Director at CommunityAmerica Credit Union, overseeing the program and our partnership with approximately 160 auto and Harley Davidson dealerships throughout the Kansas City metro. This partnership gives CommunityAmerica members a smooth auto buying experience by allowing them to finance their vehicle through us, directly from the dealership.