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Four Money Moves To Make On Black Friday

Black Friday will be coming up right around the corner and the deals will be hitting your e-mail like a hailstorm over the next few days.   While Black Friday deals are always tempting, there are certainly money traps that can actually make you spend more than you should on this shopaholic day.   Here are my four smart money moves to make on Black Friday. Don’t Be An Impulse Buyer– Remember that there is a difference between Black Friday “deals” and Black Friday “sales”.   The language can be very confusing, so if you are planning on going shopping in a particular store make sure you know what deal items you are going to buy.   Once you are in the store, you’ll be tempted to just get it done while you are there which can be a big mistake because you’ll be buying merchandise that is not the best price. Get Social– It pays to be a ‘fan’ on social media pages ...

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The Year Of Two Black Fridays?

Every calendar year, the two major holidays of Christmas and Hanukkah confront us for planning our gift giving and family gatherings.    Usually, these holidays fall fairly close together in the month of December, as retailers get ready for the biggest part of the shopping year. However, just like the infrequency of total solar eclipses, sometimes the calendars don’t fall on the same cycles and Hanukkah can begin in the month of November.    This year, Hanukkah begins on the evening of Wednesday, November 27th with the first full day of Hanukkah on Thanksgiving.  The last time that happened was 1918. So, what does this mean Black Friday shoppers? For followers of Judaism, Hanukkah is an extended holiday lasting 8 nights.   The modern tradition for gift giving is to partake in a new gift each and every night.   This means as soon as Halloween costumes have been put back in the closet or thrown away in the trash, followers of Judaism will ...

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Black Friday, Cyber Monday, and Hangover January

It’s official.    Everyone in America has decided we should be just like the Federal Government.    Get up and keeping adding more zeros to your debt because it just doesn’t matter.   Remember that movie many years ago starring Bill Murray called Meatballs when he began the chant it just doesn’t matter . . . it just doesn’t matter . . . it just doesn’t matter?   Well, unfortunately for most of us we can’t get away with piling up debt like the Government does today.  It does matter.   Even though the media has tried to get us all excited that things are picking up from a record Black Friday and Cyber Monday, get ready for them to report in January about the lingering effects of people spending money that they didn’t have this Christmas because they were all just tired of feeling so beaten down from the past couple of years of tough times. Total spending over the four-day weekend following Thanksgiving ...

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3 Simple Ways To Live The Frugal Life

These past few years we have seen a high level of unemployment, countless numbers of foreclosures, and many American citizens hitting hard times.  While many people are learning how to make ends meet, there can often be a struggle with how to have fun and live frugally at the same time.   Since many people define frugally different, I think about the term frugality by using phrases such as ‘economical’, ‘avoiding waste’, and ‘careful and diligent in the use of resources’.   Being frugal is about making good business decisions rather than the popular image of being cheap.   If you are thinking about entering the frugal life, here are three ways to begin thinking the right way about smart money decisions. Don’t be the first adopter of something ‘new’ – One really easy way to blow a bunch of money is have to be the first to own a new product when it hits the market place.    A good example of this ...

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Not Even Thanksgiving Is Sacred?

How bad are things going in the economy today? Well, nobody knows for certain amidst fears in the United States and internationally around the stability of the dollar in many countries. Thanksgiving is supposed to be one of those special days where family, friends, and loved ones get together for some turkey, football, and pumpkin pie. As I spoke with some of my clients and friends over the past week leading up to today, it has become clear how disappointed people are in retailers and stores alike that not even Thanksgiving is a holiday anymore where we get to rest. For the first time, retailers by the droves are opening up their doors on Thanksgiving with the hopes of attracting more customers earlier to get in on Black Friday deals rather than have the typical 4 a.m. morning rush. When Target employees learned that they would have to be working on Turkey Day, they immediately began an online protest (www.crainsnewyork.com). ...

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Don’t Get Tricked On Black Friday

After the turkey, the football, and the one awkward conversation with your cousin that happened to get stuck at the card table with you at the end of the big Thanksgiving table comes the second holiday during Thanksgiving week called Black Friday.  The day’s name originated in Philadelphia where it originally was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving. Use of the term began by 1966 and began to see broader use outside Philadelphia around 1975. Later an alternative explanation began to be offered: that “Black Friday” indicates the period during which retailers are turning a profit, or “in the black.” (source: Wikipedia) People often ask if me if Black Friday really offers good deals.    I have always responded with the answer, “It depends”.   The reason is that if you aren’t careful with your shopping you could end up paying the same prices you would have paid for ...

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Is Black Friday Now Black Thursday Night?

It’s that time of year when the real holiday shopping season begins. Everyone knows it as the dreaded Black Friday.  With my schedule today on Thanksgiving, I almost wonder if they should start calling the holiday Late Black Thursday Evening. My daughter told me the other night that the local North Point Mall has a Rocking Shoppin’ Eve that would be just great for dad and her to go to as the clocks strikes midnight on Thanksgiving.  I thought she was kidding because how early can Black Friday really begin?  (www.northpointmall.com/events/black-friday) After doing a little homework, I did in fact find out that the North Point Mall in Alpharetta, GA is going to open its doors for a few hours as the clock strikes midnight and give away some cool prizes as well as exclusive shopping deals.  The next morning (just a few hours later) they will open their doors at six a.m. to let the real shoppers get their ...

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Is Black Friday The Best Day To Buy A Car?

Is Black Friday The Best Day To Buy A Car? Black Friday has always been know as the day to get deals on toys, appliances, electronics, and clothing items. Could 2009 be the year of the car? I have attached a great link to an article you should read if you are in the market for a new ride. ...

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Black Friday Is Coming!

Black Friday Is Coming - Some of love it. Some of us don’t. Black Friday is the one day of the year where you are supposed to get the deals of a lifetime. It is the ultimate early shopping day known as Black Friday which is the day after Thanksgiving. If you are ready to wake up at the crack of dawn, you may be able to go down to one of your favorite stores to find the lowest of bargains in the market place. ...

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