5 Things You Shouldn't Buy This Black Friday
Every year, hundreds of thousands of shoppers swarm the local malls, shops, and online retailers. This phenomenom is of course known as...Black Friday!
With all the websites, magazine ads, and televisions commercials telling you what you should buy, I thought it may be helpful to provide you with a list of what you shouldn't buy this Black Friday.
1. Anything you don't have money for.
This is the first way to tell if you shouldn't buy it. If you need to put it on a credit card, it's a shouldn't...not a should.
This of course, would rule out any shopping whatsoever for a portion of debt-ridden and cash-tight Americans this season. But do we really think that's a bad thing?
2. Anything you don't have the space to store.
Assuming you do have the money and have budgeted for some shopping, you may be able to find some good deals. But don't go overboard!
You know the feeling when you get home with a car packed full of mostly impulse purchases and start the unloading process. It quickly starts to consume your home.
The bedroom floor is covered with random shapes and colors of branded bags. Nobody is allowed to help sort it, because they might see their own presents. All the sudden your home has been devoured by clutter!
This, of course, is obvious for perishable goods, too. A deal is great, but only if you'll actually use those 24 cans of peanut butter.
3. Anything you won't use after the first few days.
So...you have the money...you have the space...it's all good now, right? Wrong. Novelty gifts rule the day on Black Friday.
Look, there's a reason why this screwdriver set is marked down to $7.25 from $49.99. It's because it sucks and nobody wants it. It's cheap, will only get used once and then thrown in a random drawer somewhere (see #2).
For each purchase, make sure you ask yourself, "Is this really a quality purchase that will be used more than just during the first week?"
4. Anything advertised as a "Must-have this Holiday Season"
You want to know how you spell inflated value? M-u-s-t-h-a-v-e. Watch out for sales language and hype this holiday season.
Very rarely are the trending items worth all the hype that goes into them. It's a way to create artificial demand and helps drive up not only the price of those items, but the price of similar purchases, as well.
Look for older model, high-quality options that have been pushed to the back. Usually you can find something just as dependable at a fraction of the price. (This works for car purchases, too).
5. Anything NOT on your list ahead of time.
In addition to thriving on novelty items and hype, Black Friday also feasts on our impulse purchases!
The best way to combat this beast is to create a list ahead of time. Don't go into the fight with Black Friday blindly. Plan out your purchases in order to cut down on the amount of "extras" you come home with.
Even if you can't plan out a specific purchase, at least clarify your needs. For example, Aunt Sallie may deserve a $20 gift, but even committing that down to a list will keep you from buying the "I can use this for somebody" gifts or accidentally buying Aunt Sallie a $50 gift! Yikes!
What else should we NOT be buying this Black Friday?
For me the key is to have the money and space, while avoiding any hyped, low-quality, or impulse purchases! But what have I left out?
Let me know what types of items you'll be avoiding!