It’s Thanksgiving week… which means we’re just a few days away from Black Friday. Sure, you can get some great deals on some of those items you have planned for Christmas – but it’s also one of the biggest factors contributing to the debt load of many American families.
Everything about Black Friday is designed to get you to spend more money. The hype for the shopping holiday now starts an entire month before Thanksgiving, and stores now commonly leak their specials several weeks before the actual event.
It’s easy to get caught up in the excitement – but it’s important to plan ahead so that you’re not adding debt that you can’t afford to pay off. The following steps will help your wallet (and your sanity) survive Black Friday: