Black Friday falls on the day after Thanksgiving and has earned the reputation of being the busiest shopping day of the year. The name was adopted from an accounting term – red ink denotes a negative profit margin, where as “in the black” denotes a positive profit margin. Many retailers make or break their sales goals between Thanksgiving and Christmas, with the season kicking off on the Friday after Thanksgiving, hence the name “Black Friday.”
1. Check your local paper
2. Do Your Research BEFORE Friday
3. Compare Prices
4. Get Started early Friday morning, or even Thursday Night!
5. Saying “Charge It” Can Pay Off
Obviously, there is no bargain in running up high credit card bills and paying big interest rates, however, with proper spending disciplines intact, using the right charge card can be of value to consumers. Many credit card companies entice consumers with free benefits, which include extended free warranties, return protection and sale price protection.
- Warranty Coverage – Your credit card company may offer to double or triple a manufacturer’s warranty for free on a product you purchase – a good option instead of purchasing a service contract that costs money and has a shorter duration period.
- Return Protection – A credit card company may guarantee a refund on a product up to 90 days where as the store may not. This is becoming particularly more important as retailers stiffen the allotted return days.
- Sale Price Protection – Some of the credit card companies will offer this protection and refund you the difference if a product you buy is marked down further than the price you paid within a certain time frame (usually 60 days).
Jamie Welch, Chief Operating Officer
Nancy Raskauskas, Administrator
Chase Powell, Administrator
Jackson Berger
Kyle Joseph
Bobby