Black Friday: Getting The Most Bang For Your Buck
Written by Your 5News Team
Created on November 19, 2012 @ 11:41AM
(CBS News) Black Friday is nearly upon us, the day when retailers hope to see their bottom lines turn from red to black ... and the day when early-risers brave the mobs to take advantage of big sales.
Last year, an estimated 226 million shoppers spent a record $52 billion in stores and online over the Black Friday weekend. But if you want to get into the bargain-hunting game, you need to have a game plan.
Personal finance expert Farnoosh Torabi, host of Yahoo's "Financially Fit," spoke to Rebecca Jarvis and Anthony Mason about the secrets to a successful Black Friday.
You may already know that you should start with a list and a budget. But then what?
Torabi suggested tips you might not have thought of to spare you from the headaches, like buying discounted gift cards online to use towards your already-discounted purchases; downloading the store's layout to your smartphone; and what NOT to buy on Black Friday.
And remember... just because it's on sale doesn't mean you should buy it.
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