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4 times Black Friday deals make sense
Hunting down the best bargains. Spending only what you can afford.
It’s that time of year again: Black Friday and Cyber Monday are around the corner, ready to shower us with deals we simply can’t ignore. As they come just before the holiday season, it’s easy to get caught up in a buying frenzy that ends up blowing your budget.
With many households still feeling the squeeze, the question is: Should you be spending money just because a store is offering a discount? This isn’t always an easy question to answer, especially when faced with a discount on something that you’ve been eyeing for a while.
To help you make the right decisions, here are 4 examples of when it makes sense to take advantage of special deals on Black Friday or Cyber Monday.
Getting deep discounts on things you need
The easiest way to decide if you should buy a special offer is to think about whether you need this or simply want it. There’s nothing wrong with wanting something that will improve your home or make your life simpler – and paying much less than usual is very tempting.
But if you see something that you want but haven’t budgeted for, resist the urge to spend unless the discount makes it worth it. It doesn’t matter if you decide a worthwhile discount is 30% or 50%, but you need to feel that it’s an absolute steal at that price.
A discount of 15% or 20% may be worthwhile, but only if it’s on something you already want and have been saving for. This might bring your dream purchase within your available budget. Remember, the Black Friday tradition began because retailers in the USA had covered all their annual overheads by that Friday in November, so no matter how low they dropped prices for the rest of the year, every sale was pure profit. That’s why, in our opinion, a true Black Friday deal should offer an impressive discount.
Shopping for next year's school supplies at the best time
Stocking up on discounted school supplies and materials is a great way to plan ahead. The start of the new school year is usually a stressful time for parents faced with school fees and a mountain of other costs. You can reduce this stress by buying the essentials with Black Friday and Cyber Monday deals.
Make smarter money decisions on whether a discount is big enough to be worth the expense
Keep an eye out for deals on tech and other gadgets your kids will need next year. These items can be costly, so buying them at a discount is always a good idea.
Taking a (cheaper) summer break
At the end of a crazy year, everyone needs a break, even if it’s just a change of scenery. Look out for summer-holiday offers from travel companies and destinations. Taking advantage of discounted holiday breaks requires some flexibility on your part, but you might be able to snatch up last-minute deals to magical destinations.
There’s no shortage of discounted deals at this time of the year, with many local options that are especially great for a quick recharge. You can find travel deals regularly on Avo SuperShop, offering local and international travel packages. Even a short break from your regular routine could be just what you need to feel rested and revived for the new year.
Getting your holiday shopping out the way
It’s no coincidence that Black Friday and Cyber Monday are so close to the year-end holidays and festivities. Retailers know we’ll be shopping for gifts, and they make it much easier to fill the holiday stockings with discounted deals and treats. And with so many online stores, you don’t even have to brave queues or crowds to get what you need.
If you’ve been holding back on buying gifts to see what year-end discounts are offered, be sure to check out Avo’s latest deals. You can get up to 70% off top brands in categories ranging from homeware and kitchen appliances to the latest in tech and gadgets. Plus, you can find great discounts on takeaways, liquor, professional services, vehicles and so much more – all on one easy-to-use super app.
Avo is for everyone, no matter whom you bank with, and you earn 1% cash back in AvoPoints on all Avo purchases. Log in to the app now to browse deals so that you can make smarter money decisions on whether a discount is big enough to be worth the expense.
