The Day After Black Friday
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The Day After Black Friday

Posted on Saturday, November 27th, 2010 at 7:49 am
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How did you do with the Black Friday deals yesterday? Did you score big or decide not to shop at all?

Whew, what a day. Online the deals were being snapped up faster than you could blink in some cases, especially with toys and electronics, the two hot areas for Black Friday. The retail stores were humming all day too, with plenty of giveaways to entice shoppers to keep going way into the night. Some malls were open to midnight and beyond, and the crowds showed no signs of scattering. It looks like it will be a good year for retail. In fact, the National Retail Federation is predicting that this will be the best holiday season since 2007.

I did a little bit of shopping online, but because of work and family obligations, I didn’t make it into one actual retail store yesterday to buy anything. Truth be told, I couldn’t imagine dragging my larger family to all of the stores this year. For anyone who got some great bargains, I would love to hear about them. Did you arrive early at the stores or stay late? What are your favorite finds?

If you were like me and didn’t yet reach your shopping quota, don’t worry. The stores are all gearing up for weekend bargains and another big day: Cyber Monday. With Cyber Monday, we should see some more amazing online only deals, especially, you guessed it, on toys and electronics. Also look out for hot jewelry deals.

I’ll post some Cyber Monday tips for you to use to get the best bargains. I’ll continue to alert you to hot deals and coupon codes as they become available, so you don’t miss out on anything good.

While Black Friday seemed pretty healthy with plenty of shoppers, some early reports indicated that there is still some caution with spending on certain items–and shoppers tended to put some higher priced items on layaway until after the holidays.

If you are a shopper, there is a good strategy to looking at Cyber Monday for additional bargains. As retail stores review the sales that occurred on Black Friday, they may boost the bargains in certain product areas on Cyber Monday.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.