When you budget, it’s easier to keep your spending under control. But, it’s important to create a holiday budget and track your spending to help you save money. It’s a great feeling to show your family and friends that you love them with thoughtful gifts. And when you carefully manage your spending, you’ll avoid the blues that hit when your credit card bills arrive in January. So, it’s important to follow money-saving tips to avoid cutting into your essential spending needs. The sounds of holiday music, the pretty store windows, and the allure of flashy red sale signs can encourage all of us to overspend. And Black Friday sales are usually when people begin their holiday shopping.ĭuring the holiday season, it’s easy to get caught up in the excitement and emotion of the season. The holiday season is the busiest time of the year for retailers in Canada. During the Cyber Monday shopping event, you can expect to get the best online sales and discounts. But in recent years it has turned into a lengthier period that is book-ended by Cyber Monday. This shopping event is called Black Friday because it used to mark the day when retailers started to make a profit and move their books from in red (losses) to black (profit).īlack Friday also used to be a one-day sale event. You can expect to find great deals with discounts that range from 20 – 60% off the original price. Black Friday marks the official date for retailers to launch some of their best sales of the holiday season.
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