Is Black Friday a good deal?

November 16, 2023 · 2 minute read

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Is Black Friday a good deal?

Black Friday is just around the corner, and many shopping deals are already live. Here are some things to keep in mind so your Black Friday shopping doesn’t leave you in the red.

But remember: Just because something is being promoted doesn’t mean 1) it’s a good discount 2) you need it.

How to Get the Best Deals

Shop Around

Chances are if one retailer is offering a discount on a product, others might be as well. Here are some places to look for deals.

Layer on the Deals

Look for more ways to save, for example through credit cards offer rewards like cash back, or at specific retailers. Also check if a store has a loyalty program that offers extra savings.

Fight the Impulse

Great prices aren’t the only reasons to buy something. Keep in mind what you need, and what your budget allows so you don’t end up with a huge credit card statement.

Wait

This isn’t the last sale you’ll ever encounter. If you’re not sure on some spending, consider postponing until the next deals show up.


Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
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