GOLDEN VALLEY, Minn. - Black Friday is touted as a day of unbeatable deals, but the sheer volume of sales and promotions is overwhelming. Consumer expert, Carrie Rocha of PocketYourDollars.com, boils it down so we can save money, but avoid the frenzy.
Online promotions will be bigger than ever in 2013. According to the National Retail Federation says online spending will be up 13-15% while overall spending will only increase by 3%. More than half of online retailers have already started their deepest sales of the year and most will have special one-day online sales for Thanksgiving.
Rocha says one thing to avoid buying on Black Friday is a name brand HD TV. The lesser-known brands are the ones on sale at the very best prices. Name brand models typically hit their lowest prices of the year in January/February right around Super Bowl weekend.
An easy way to save money in-store or online this Friday is to buy gift cards in advance. Through Saturday 11/30 at Cub Foods, buy $100 in gift cards for select retailers, get a coupon for $20 off your next grocery purchase. Participating retailers: Amazon, AMC Theatres, American Eagle, Applebee's, Bass Pro Shops, Buffalo Wild Wings, iTunes, Kohl's, Lowe's, MasterCard, Regal Entertainment and Toys R Us.
Follow Carrie's website, PocketYourDollars.com, as she tracks all the best Black Friday and Cyber Monday deals. She's also offering a free "40 Days of Holiday Savings" e-course where you'll get more of her great tips in your inbox.
(Copyright 2013 by KARE. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)