Thanksgiving is quickly approaching.
With that the holiday shopping season gets under way.
Our typical Black Friday will start earlier this year with some stores opening on Thanksgiving.
I wanted to share this article with you about products not to buy on Black Friday.
Yahoo Finance Source – Nine Products Not to Buy on Black Friday
"With consumers expecting to spend less, and Thanksgiving falling especially late in the year, competition between retailers will be especially intense this holiday season. But even with the sheer number of deals being offered for Black Friday, consumers can still make bad shopping decisions."
I think that this is a great list of products not to buy on Black Friday if you are going to adventure out to shop.
Toys are products not to buy on Black Friday.
It makes sense that the stores will lower the prices the closer you get to Christmas.
Winter clothes are products not to buy on Black Friday.
In January and February retailers will switch over to Spring.
This is a great time to buy winter clothes.
They will be marked down to make room for the new season.
Holiday decorations are products not to buy on Black Friday.
The closer you get to any holiday the more the products are marked down.
Retailers don't want to get stuck with those decoration.
But for many consumers who have to have the best light show in the city they probably won't wait to save money.
Higher End HDTV are not products to buy on Black Friday.
Retailers will put very low end TV's on sale that they don't mind losing money on in order to get you in the door.
Electronic accessories are products not to buy on Black Friday.
Retailers already marked down prices on TV's to get you in the store.
These products will not be marked down retailers because that want you to pay full price on something in the store.
Fitness equipment are products not to buy on Black Friday.
According to the article many people make New Year's resolutions to get in shape.
There is a demand at the beginning of the year for these products.
Home improvement supplies and tools are products not to buy on Black Friday.
Although many retailers are offering Black Friday deals at the home improvement stores you will get a better deal near Father's Day.
If you do have a do it yourself person that you need to buy for try a gift card.
That way he can get what he needs.
Gas Grills are products not to buy on Black Friday.
Grills are out of season for most areas of the country.
At the end of summer is the best time to purchase a grill.
Automotive supplies are products not to buy on Black Friday.
Many auto enthusiast work on their cars in the Spring.
A gift card will work for someone who needs to winterize their car.
Many years ago my mother and I went to a retailer early one Black Friday to get a stereo that was in the sales paper.
We braved the cold and long lines.
We purchased 2 of the stereos; however, we took them back. Once we open them we realized they weren't what we really wanted.
Some of your best deals will be after this initial holiday rush.
This holiday shopping season will be a short one with Thanksgiving falling so late in the year.
Please keep in mind this list of products not to buy on Black Friday.
What products not to buy on Black Friday will you cross off your list???
Your Financial Coach,
Renee Lawson
Mon, Nov 25, 2013
Budgeting, Lifestyle, Renee Says