Nov. 20, 2017
Black Friday is just around the corner and a lot of stores have already released their doorbuster deals. And some of those prices, especially on appliances and TV sets, are amazing.
A few things to keep in mind:
These super bargains are designed to create excitement – to get you into the store, so that they can sell you other stuff at full price. That's why the money editors at Consumer Reports say it's important to create a budget.
Decide how much you can spend on that Black Friday shopping spree and stick to it. If you find it difficult to ignore impulse purchases when you have a credit card in your wallet, leave it at home and pay with cash.
A lot of the doorbuster deals are limited – for example, only a few of those videogame machines are in each store. So unless you wait in line for hours, you’re not going to get one.
When it comes to televisions, “the cheapest TVs aren’t always the best,” Consumer Reports cautions. Retailers often feature lesser-known brands or sets by well-known manufacturers made especially for the holiday sales. These sets may have fewer features than the similar models they’re based on.
“If you're not happy with its features or picture quality, you'll wind up spending that time regretting the fact that spending an extra $100 could have gotten you a set you'd be happier with,” the editors write.