A Guide to Smart Black Friday and Cyber Monday Shopping
As the holiday season approaches, many of us eagerly anticipate the excitement of Black Friday and Cyber Monday. These shopping events are known for deals and discounts, but navigating through promotions can be overwhelming. At Commonwealth Credit Union, we want to ensure that our members make the most of these opportunities without breaking the bank. Here are some tips to guide you through the Black Friday and Cyber Monday frenzy.
Start by creating a shopping list of items you genuinely need or have wanted for a while. Prioritize your list to focus on high-value items, as these will likely have the most significant discounts on Black Friday and Cyber Monday.
Research Deals in Advance
Many retailers release their Black Friday and Cyber Monday deals early so shoppers can take a look. Take advantage of this by researching and comparing prices for the big days arrive. There are several websites and apps like Price.com, Flipp, and Mycartsavings that can help you track and compare prices of a target item across different stores.
Set a Budget
Deals and discounts are exciting! But that means it can be easy to get carried away and over-purchase. That’s where having a budget becomes key. Be realistic about what you can afford and avoid impulse purchases when shopping in person or online.
Be Wary of Doorbusters
Doorbuster deals can be tempting but often come with long lines and limited quantities. A savvy shopper should consider whether the savings are worth the time and effort it takes to get them. Have a backup plan in case the retailer runs out.
Shop Online Safely
Cyber Monday is synonymous with online shopping. Ensure a safe shopping experience by only ordering from secure and legitimate websites. Keep your devices and software updated to protect against security threats. Learn more about protecting yourself by visiting Commonwealth Credit Union’s Holiday Fraud page.
Compare Online and In-Store Deals
Don't assume that online deals are always better. Some retailers offer exclusive in-store promotions that might be worth checking out. Compare prices and consider the convenience factor before deciding where to shop.
Utilize CCU’s Cashback and Rewards Programs
Take advantage of cashback and rewards programs offered through Commonwealth Credit Union’s various payment methods, such as the MY Card. With CCU’s MY Card, members typically earn 1.5 points back for every dollar spent, but during our Holiday Celebration (now through December 31st), members will get 3 points for every $1 spent. This promotion is a great way to earn cash back for all of your Black Friday and Cyber Monday purchases.
At Commonwealth Credit Union, we care about your financial well-being. By following these tips, you can make the most of Black Friday and Cyber Monday while staying financially savvy. Wishing you a joyful and budget-friendly holiday season!