Tricks to save big on Black Friday and Cyber Monday

Personal Finance


Forget getting up at dawn, or even skipping out on the pumpkin pie so you can queue up at Best Buy — this year, the deals are just as good online.

This is also the first year that holiday shoppers will do the majority of their spending online, according to a recent study by Deloitte. E-commerce sales could peak at $114 billion, the consulting firm said.

But as a result, fewer shoppers are banking on Black Friday, according to a separate report by WalletHub. Shoppers are reeling in their spending on the day after Thanksgiving, the personal finance site found, with only 33 percent planning to spend more than $500. Last year, 37 percent of shoppers planned to spend that much.

For deal hunters, however, skipping Black Friday and Cyber Monday could be a costly mistake.

“The prices are a little more predictable and a little more moderate,” said Lindsay Sakraida, director of content marketing for shopping site DealNews. But the deals, she said, are “easier to take advantage of.”



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