Money Matters: Black Friday Shopping Myths

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November 7, 2012

Thanksgiving is right around the corner and you know what that means: that's right, Black Friday shopping madness.

With the economy improving, more people are expected to buy the sales this year. But Nicole Goodkind at the Daily Ticker says there are some myths associated with Black Friday.

Let's debunk some of them. Here's a look at Nicole's list.

1. Black Friday sales begin on Black Friday. Some stores are even opening on Thanksgiving. So instead of crack of dawn Friday you may be leaving the dinner table and heading to the store on Thursday.

2. Cyber Monday sales offer better deals than Black Friday. They may be different deals but not always better. If you wait until Monday some items may be sold out.

3. You must camp out on Black Friday to get the best deals. Those fantastic deals are usually limited in number. So if you're not one of the first 10 people in the door you might as well sleep in and enjoy the other sales.

4. Everything is at its lowest price of the year on Black Friday. While stores have huge sales, a lot of the items are fillers that have been on sale on and off throughout the year. So do your homework and price check before you buy.

5. No one can match Black Friday deals. Best Buy and Target have Black Friday price matching policies in place. If you can find a better deal they'll lower their own prices.

These are some but not all of the Black Friday myths.

For a complete list of Nicole Goodkind's article on the Daily Ticker, click on the link below.

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