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Isn’t it the big question that how much money can you save on Black Friday? If you aren’t living under a rock, you’ve probably seen Black Friday ads and banners for 2021. And that means you are counting down to the most important spending day.

Black Friday can be pretty confusing and stressful if you don’t have a plan.

Black Friday is synonymous with deep discounts, and stuff to buy is in abundance. However, with many markdowns on items to choose from, the chances of drowning in impulse purchases are possible.

And you may end up using a ton of cash on things you hadn’t budgeted for on Black Friday. So, the biggest thing is can you save money on Black Friday?

Luckily, there are ways to save money on holiday shopping, and this article will help you find ways to save cash on Black Friday.

Save Money on Black Friday

If you’re making plans to shop this Black Friday, then you might be thinking of maximizing your savings on this day, don’t you? Well, of course, you do! So, here we have curated some important methods as to how much you can save money on when Black Friday!

1. Research, Plan, and Budget Before Black Friday

The biggest mistake that will eat a chunk of your money this Black Friday is the lack of a plan and a budget.

Sure, Black Friday features a ton of discounts, doorbusters, free deliveries, and many other irresistible offers. But are these deals worth it?

Some tricks that retailers use could cost you a lot of money when shopping on Black Friday if you didn’t know. And often, you will fall for these tricks if you don’t have a shopping plan.

According to HuffPost, retailers have a way to make you buy more and spend more money. If you want to economize on Black Friday deals, you need to do your homework and create a plan and budget before heading to your favorite retailer.

For instance, Black Friday is no longer a one-day event. It starts early and runs into the holiday season. This means you can prepare and plan for Black Friday ahead of time.

Write down a list of items and check their prices online or through the Black Friday ads. You can use websites like blackfriday.com to check the prices of items in different stores and note the retailer that offers the biggest bang for the budget. Once you have the prices, you can use them to create a Black Friday budget.

2. Use Coupons

Another excellent way to save a considerable chunk of your hard-earned cash on Black Friday is to use coupons.

Coupons are documents that feature codes, and you can redeem them for discounts or cash backs when shopping. Using coupons every time you shop can help you save $1560 per year. There are different coupons that you can use on Black Friday to save money. They include;

  • Store Coupons.

These are the coupons you can get from your retail store. Check if your retailer offers coupons and use those to save money on Black Friday purchases.

You can find store coupons on top retail stores like Costco, Target, eBay, Walmart, Kohl’s, and Macy’s.

Often, the store coupons offer a dollar-off purchase, but 10-20% off isn’t something unheard of.

  • Digital Coupons

Digital coupons are the online version of the retail store coupons. These are the deals that you get and use only on online purchases.

Some of the best coupon apps and websites you can use include Fetch Rewards, Coupon Follow, Groupon, Rakuten, Ibotta, and Retailmenot.

Remember, there are coupons for each item category, so it’s good to know the item categories that qualify for vouchers.

  • Printable Coupons

Printable coupons are digital coupons that you can print and redeem at your chain store.

You can find free coupons online and use the print function to print them for use at the store.

Coupon Sherpa is one of the websites where you can get printable coupons.

  • Catalinas

A Catalina is a coupon that you get after checkout, and you can use it on your next purchase at the same store.

Often, you will qualify for a Catalina when you purchase products with that particular deal.

  • Rebate Coupons

A rebate coupon is the same as cashback offers which means that you get a cashback reward after paying the total price of an item at the checkout.

  • Loyalty Programs

With loyalty programs, a retailer rewards you with points that you can redeem on your next purchase. This means that you need to be a loyal customer to earn points each time you shop there.

  • Manufacturer Coupons

This type of coupon is a specific coupon from the manufacturer of the item you want to purchase.

You can get manufacturer coupons from manufacturers like Dell, Nike, Shein, Zappos, Apple, Samsung, e.t.c.

How Much Money Can You Save on Black Friday? Get Every Bit Here
  • Newspaper Coupons

Perhaps the oldest type of coupons, newspaper coupons, are available in your favorite newspapers.

If you want to save money with your Black Friday promo codes, it is best to know the store’s policy on coupons. Also, ensure that you organize your promo codes, so it is easy to redeem them when making a purchase.

3. Get Rewards on Black Friday

If you can get rewards to fill your shopping bags on Black Friday, then you can save up big time. Brands spend billions in customer rewards so they can entice you to be their loyal customer.

Thus, grab those loyalty rewards, and you can use them on your next trip to the chain store.

Some Of The Retailers That Offer Great Loyalty Rewards Include;

  • Target Red Card —Target’s loyalty program rewards you 5% on purchases every time you visit the store or shop online.
  • Bed, Bath and Beyond — BBB offers many rewards when you use their credit card to shop, including using the card to make purchases at its sister companies like Buy Buy Baby.
  • Amazon Reward Program — Amazon will give you 3% cashback on any dollar you spend on the store. They also have many other offers like gift cards.
  • Sephora — With the Sephora loyalty program, you will earn a point for a dollar you spend on beauty products. Further, you can then recoup those points in the future.
  • Macy’s — This store has a loyalty program in four tiers; bronze, silver, gold, and platinum. You will receive loyalty reward points every time you shop at Macy’s, and you can use these “points” on future purchases.

4. Understand the Return Policy

Another tip to help you save dollars on a Black Friday shopping spree is understanding the return policy. Also, you might need to return an item for many reasons, like being substandard or requiring something else.

Chain stores have different return policies like a short return window period or have holiday-specific return policies. Walmart, for instance, offers a 30-return policy but has a different approach for holiday purchases.

Make sure to read through these policies, keep your receipts and packaging, so it is easy for you to take back an item for refund or exchange.

5. Shop With the Best Card

You can also save on your Black Friday spending by using the best credit cards. These cards not only offer the highest cashback rewards, but they also protect you from fraudulent activities. Also, credit cards offer extended warranties on any expensive appliance or device that you purchase.

Discover It, for instance, will give you 5% cashback on your online purchases with any store like Amazon, Walmart, Target, and grocery stores.

6. Use Cashback Sites

If you want your Black Friday cash back after making a purchase, cashback sites will get your money back. Cashback sites are affiliate websites that will give you cash rewards for purchasing through their affiliate links and using their promo codes.

Some of the best cashback sites you can use to hunt for your holiday deals and get rebates to include; Rakuten, Upromise, Capital One Shopping, and Groupon.

Earn Money Back and Rewards on Black Friday

Black Friday doesn’t mean that you should spend all your savings. You can still get rewards and cashback for every purchase, whether online or in-store.

Hopefully, the Black Friday saving tips above will help you save your penny.

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"You must gain control over your money or the lack of it will forever control you."

Dave Ramsey

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