Black Friday 2024 falls on Friday, November 29, a date you should definitely mark on your calendar. However, this year’s Black Friday coincides with payday for most workers, creating a unique challenge. To capitalise on the best deals, you may need to politely request an advance on your paycheck from your boss. Otherwise, you risk overspending and ending up in the red after treating yourself to those special items you’ve been eyeing.
The Director of Sales for retail website OneDayOnly, urges employers to consider paying salaries early this November. “This move will allow staff to fully take advantage of Black Friday in 2024,” she stated, highlighting a trend where many South Africans find themselves in a better financial position than last year. Reports from Business Tech indicate that economic sentiment is improving, driven by positive factors like 200 days of zero load-shedding.
Positive economic outlook for consumers
While wage growth remains in single digits for 2024, the overall economic outlook looks brighter. With many consumers likely to indulge in non-essential purchases this Black Friday, we could witness a shift in spending patterns compared to previous years. Last year, shoppers primarily focused on essential household items, but this year may bring more opportunities for splurging.
If your employer declines your request for an early paycheck, remember that they are under no legal obligation to comply. However, asking for an advance can still be worthwhile, as it shows your proactive approach to managing your finances.
Essential Black Friday shopping tips
To make the most of your shopping experience, consider these tips:
1. Look for early deals: Start shopping now to find great early discounts.
2. Use money-saving Apps: Take advantage of apps designed to help you save money.
3. Make a wish list: Prioritise the items you truly want to avoid impulse buys.
4. Prepare for crowds: Expect busy stores and plan your shopping trips accordingly.
5. Get cashback: Look for opportunities to earn cashback on your purchases.
6. Share your location: Opt in to location services to get notifications on local deals.
7. Follow favourite brands: Stay updated on promotions by following brands you love.
8. Set a budget: Determine how much you can spend to avoid overspending.
By planning ahead and potentially negotiating early pay, you can enjoy a stress-free and rewarding Black Friday 2024.
Stay tuned with The South African as you prepare for Black Friday 2024.
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