We’re very close to ‘one month till Christmas’ which to be honest is starting to stress us out.
But UK consumer website, ‘Money Saving Expert’ expert has come to the rescue to help us get the best deals in preparation for the big day.
While there are a few ways to keep costs down, things you can do, ‘Money Saving Expert’ says making a list (checking it twice) and setting benchmark ‘on sale’ pricing now is a good place to start.
With Black Friday coming this Friday (25/11/22), this week is our time to start.
Black Friday was typically an American tradition for the Friday after Thanksgiving, but has now spread across the globe to little ol' NZ. Stores across the country have started dropping their prices for their Black Friday sales, providing a great chance to start scoping out prices.
According to ‘Money Saving Expert’, the key is to know how much the things cost before and during the sale to decide whether the investment is worthwhile, rather than just getting sucked into buying just because they have the ‘sale’ sticker.
"Based on our evidence, if the item you've been planning to buy is discounted by a decent amount on Black Friday, you're taking a risk to wait and see if it will be cheaper in the pre-Christmas sales.”
"Clearly, with tens of thousands of shops and hundreds of thousands of items there can never be a hard and fast rule. But Black Friday discounts being a complete washout, is not backed-up by the data based on the 50 items we looked at."
- Martin Lewis, Money-Saving Expert founder
So if you have been planning to purchase something and it is now 50% off then yay, you’re making your money go further. But if you weren't planning to buy it before and are just persuaded by the discount, you're already spending more than you need to.