Four ways to avoid Black Friday spending regrets

Although many people will be willing to spend hours in traffic and queues to buy a fancy new flat-screen TV, the truth is that not all the deals on offer are necessarily built to help you save money.

For most retailers, Black Friday represents an opportunity to move all the goods that they haven't been able to sell during the preceding months. And a recent study in the US by Harvard Business School Professor David Ngwe found that a $1 increase in the list price was just as effective as a $0.77 decrease in the actual selling price in influencing consumers to buy.

With a shopping list in hand, you will be less likely to veer off course and spend on things you may later regret.Doing your research on costing and value as part of your shopping preparation is crucial if you are to avoid being hoodwinked by sham “deals” that claim to offer far greater discounts than they do.

The list of scamming techniques is endless, so if you do choose to shop online this Black Friday, be sure to only use trusted retailers or research the credibility of the company you are purchasing from first.Retailers often take advantage of the herding mentality and fear of missing out, or Fomo, to convince you to participate in sales and shopping madness.

I don't need 4 ways.....i don't waste my time and money on black friday......

Way 1 : don't fall for another 'Made in the USA' marketing gimmick 😜

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