Maximize Your Savings by Buying Furniture on Black Friday

A key aspect of saving money is sticking to a plan and avoiding impulse purchases. One way to do this is by setting short-term goals and rewarding yourself when you reach them. Another strategy is timing your purchases to take advantage of sales and promotions. This can help you stretch your budget and find the right pieces for your home.

Plan Ahead

The timing of furniture purchases can make a big difference in how much you save and what you get. This is especially true during holidays like Black Friday, when you can use sales and promotions to stretch your budget and get the furniture you want. Start by listing the items you want, and only shop for them. Avoid the temptation to browse, as it can lead you down a rabbit hole of impulse purchases that will only add up. Take your time and consider each piece carefully, including the shipping and delivery costs. Also, remember to factor in the care and maintenance of your new purchase or any extras that may come with it. It can also be helpful to use a credit card, as it can help you keep track of your spending in real-time and provides better fraud protection than cash. Plus, many credit cards offer rewards and interest-free promotions that can boost your savings. You should also be aware of return and price-match policies, which can significantly impact your purchasing decisions.

Know The Rules

Many retailers like Walmart Black Friday deal start their sales weeks in advance, and you can find deals on almost everything. If you have savvy shopping skills, you can get the best value on furniture that lasts years. You’ll also be able to avoid the crowds, which can lead to stress and disappointment. Look at sales flyers before Black Friday and compare prices for items you want to buy. Some stores have a price-match policy, and you can use coupon codes to save even more money. Remember to skip items you don’t need or can’t afford. For example, you might be tempted to purchase that Crockpot because it’s on sale for Black Friday, but it will probably sit in your cupboard for the rest of the year. If you’re a rewards program member or have a credit card with a generous return policy, don’t hesitate to take back any items you don’t need or want. This will help lower your credit card balance and free up cash for other expenses.

Know What You Want

Before you head out on Black Friday, take the time to figure out what you want. Many retailers put out electronic and paper sales flyers before Black Friday to help shoppers prepare, so take your time to look them over and compare prices. Retailers will do everything they can to get your attention and money, from putting a dirt-cheap doorbuster TV front and center in the ads to offering limited-quantity items like electronics or clothing. While these deals are fun to shop for, they can also be tempting and cause you to spend more than you intended. It is important to honor your firm budget, even during big savings events. Keeping an item on your shopping list will ensure you can afford it and not end up with a credit card bill you want to avoid paying. Keep your cash and payment cards close and secure to prevent opportunistic theft. Also, be careful in parking lots, as harried Black Friday shoppers aren’t always the best stewards of pedestrian safety.

Set A Budget

As much as it may be tempting to buy all the things you want, the best way to maximize your Black Friday savings is to stick to your budget. Make sure you’re using a credit card, safer and more convenient than cash, but be free to stay within your limit. If you do, you’ll have a higher balance that can be more difficult to pay, resulting in extra fees and interest. Also, be wary of a “final sale” label on items, which typically can’t be returned. 

Be Flexible

A flexible budget and awareness of sales events will help you save money. For example, buying a new sectional or bedroom set on Black Friday may be tempting.  Be sure to compare sales flyers and product prices across retailers. Also, watch for coupon codes you can use online and in-store. Some direct-to-consumer furniture brand offers mail-in rebates and in-store credits on some of its most popular pieces.

In contrast, other online retailers offer a sitewide discount and free shipping for big orders. If you’re ready to tackle that redecorating project, there are some great Black Friday deals on furniture. Likewise, other furniture stores offer 20% off their best sellers and timeless classics like the Noguchi coffee table and Eames lounge chair. And, if you need to make a few more upgrades, you can find some fantastic deals on rugs and lighting.