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Last Updated January 2, 2020

Have you already been looking for Black Friday deals? It has become a tradition in the United State that the day after Thanksgiving, known as Black Friday, is the beginning of the country’s Christmas shopping season. In this article, I will show you how to save the most money and get the best Black Friday deals.

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How To Save The Most Money On Black Friday Deals


  1. Make A Budget

You need to make a budget. The last thing you want to do is spend far more than you can really afford. Hopefully, you already have a sinking fund put aside for your Christmas shopping.  

Related Article: What Is A Sinking Fund And Why You Need It?

If you don’t have a Christmas sinking fund, start putting aside some money now. Join my 31-Day Savings Challenge as a fun way to save some money. If you start today, you will have almost $500 ($496 to be exact) saved in a month!!

When Christmas is over, continue putting money aside in January and save throughout the year. Even a little bit of money set aside every month will add up and take the pressure off you for next year.

free budget binder

  1. Make A List

Make a list of the people you need to shop for and the specific items you’re hoping to get this Black Friday. You can use this FREE Black Friday Shopping Plan found in my Resource Library to help you with that.

Once you have an overall budget, set a dollar amount you will spend on gifts for each person on your Christmas shopping list. Stick to that dollar amount you determined you can afford for Christmas gifts this year and don’t go over that amount.

Limit yourself to only buying these items. You don’t want to buy items you don’t really need. Focus only on retailers who will likely have the item you’re looking for. Don’t get tricked into buying things you don’t need just because they are discounted.

  1. Have A Plan

Having a plan will make sure your Black Friday is a success. Look through the Black Friday ads early and find the specific items you will buy. Some stores have pre-Black Friday sales or you can decide to wait to shop on Cyber Monday.

Do some research and start comparison-shopping for the items on your list. You can use websites like Flipp to find the best deals amongst multiple stores.

Make sure this item fits within the dollar limit you set for your Black Friday Budget. If the item fits within your budget, write down the item name, price, and the store you will buy it from.

  1. Cash Is King

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Don’t rely on credit to do your Black Friday shopping. If you do not have the cash to cover the cost of the item you want to buy, you simply can’t afford it.

I’m not saying that you must only use cash when doing your Black Friday shopping, but you don’t want to have a running credit card balance.

In addition, if you will be tempted to overspend, taking only the amount of cash in your Black Friday budget is probably a better idea than using credit cards.

If you use your credit card to buy something because it’s a great price, and you do not have the cash in the bank to cover it, you will end up spending more in the long run.

For example, let’s say you charge $500 to your credit card because the deal was just too good to pass up. Assuming your credit card company charges you an interest rate of 17%, that $500 you spent will really cost you around $600 if you pay $25 every month.

When you see that you actually spent closer to $600, instead of $500, that Black Friday “deal” is probably not a good deal after all. So the point is, only spend what you can afford to buy cash.

You can set aside your Black Friday money in these FREE Cash Envelopes. These free envelopes also include a free ledger to track your spending as you’re shopping.

cash envelopes

  1. Shop Online

Shopping online can sometimes save you more money than if you were to shop in-store. Some stores have exclusive deals for their online shoppers.

Shopping online also limits the amount of impulse purchases you will make. You will more likely stay focused on your list and not get tempted to purchase additional items.

The biggest benefit of online shopping, in my opinion, is you can get the same deals without having to deal with the crowd. If you live in a heavily populated city like me, going to the store can become a nightmare.

It’s usually very crowded and people can sometimes get aggressive trying to get that “great deal.” If you shop online, you can shop in the comfort of your own home and skip all of the havoc in stores.

black friday deals

This is the way I personally like to shop for Black Friday deals. I normally start my Black Friday shopping at Amazon because I think they’re the best place for online deals.

Amazon will honor manufacturer price drops and match the prices of their competitors’ ads. This is perfect for me because I don’t have to go from store to store to get the best deal. I can just buy all my gifts at once making shopping much easier for me.

Right now Amazon is offering free shipping with no minimum for the holiday season. They are also offering an extended return policy where you can return items until 1/31.

Of course, Amazon Prime members get additional benefits such as discounts on Audible, Amazon Music, Whole Foods, along with other benefits.

You can sign up for a FREE 30 day trial of Amazon Prime HERE.

Use Online Coupons And Cashback Websites

Don’t forget to use cashback websites when shopping online! One easy way I would save money is by using online coupons and rebate sites.  Two great websites I use are Ebates and Ibotta.

If you don’t have an account, sign up right now! It is literally FREE money. When you sign up right now and purchase something you will get a $10.00 bonus from Ebates and Ibotta. 

All you have to do is go to one of these websites, search the store you want to buy from online, and then click on that store.  You are redirected to that merchant’s website and you can shop as normal with your credit card, debit card or gift card.

You can use coupon codes and the store site functions exactly as if you had not come through the cashback website.  After you complete your order, you will get cash back to your Ebates and Ibotta account.  There’s literally no reason why you should not be using these websites.

For example, I have gotten over $1,200 in cash back since becoming a member.  Of course, you can earn A LOT MORE depending on how much you spend and the stores you like to shop at. 

If you’re going to be shopping online anyway, you might as well get paid for it.  Sign up today so you don’t miss out on this FREE money!

Finally, if you like to shop on your cell phone, check out the cashback app Drop. Drop is the free app that’s giving out millions in cash rewards for the spending you do every day. So you should definitely download the Drop app and save some money.

free Resource Library


Overall, Black Friday deals can be a great opportunity to snag some unbelievable bargains. Before you start shopping make sure you:

  • Make a budget for how much you will spend on gifts.
  • Make a list of all the people you need to buy gifts for.
  • Have a shopping plan, and
  • Carry cash if you enjoy going to the store to shop.

However, I recommend shopping online to save time and money. Use these tips to make sure you’re saving big over the holiday weekend.

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