Set a budget
Before you hit the sales, decide what you can afford and set a budget.
There are some great bargains to be found on Black Friday, but it’s never worth overspending - especially if you’re using a credit card and paying money in interest, or if it leaves you in financial difficulty.
Create a wish list
Here’s some steps to creating a Black Friday wish list:
- Jot down a wish list with rough price estimates for each item.
- Compare the total cost with your overall budget.
- Next, list the sites you plan to visit in priority order. This will prevent you from getting distracted, or tempted to buy things you don’t need.
- If you’re doing early Christmas shopping, make a list of who you need to buy gifts for, then assign an amount to each person.
Avoid busy shopping centres and consider shopping from the comfort of your own home. Other good reasons to shop online are:
Snap up great savings with Black Friday offers from providers like Virgin Media and Sky.
If you have time, research retail prices before Black Friday.
Advertised discounts aren’t always what they seem, so take note of pre-sale prices to ensure you’ve bagged a genuine bargain.
It’s also worth signing up for newsletters. Some brands will send exclusive discount codes, special offers and sales info to their subscribers.
Be alert to scams
If you find a deal that seems too good to be true, it could be. Before parting with your cash, take these simple steps:
Check if your credit card or debit card offers cashback or shopping rewards.
Just remember to pay your balance in full at the end of the month, or the interest owed could outweigh the savings.
Using your credit or debit card could also mean additional consumer protection, with a better chance of getting a refund if things go wrong.
Shop trusted brands
If a deal seems too good to be true, it might be.
Check for any hidden catches, as you don’t want to be saddled with a faulty product or a delivery no-show at this time of year. Make sure each website has a reputable address, customer care number or online chat.
Shopping with a credit or debit card also means you’re protected by the chargeback scheme.
Plan big-ticket items
The same applies for a holiday bargain. Getting travel insurance right away means you’re covered if anything goes wrong, like a travel company going bust.
To help spread the cost of a major purchase, you could also consider applying for a purchase credit card with a 0% introductory rate.
Know your refund rights
Shopping online has lots of advantages, including extra refund rights that you don’t get on the high street.
Before you start your Black Friday shopping, read our guide on refund rights and check out the retailer’s refund policy before you click the buy button.
Bag Black Friday deals
The early bird gets the worm and planning ahead means bagging the best Black Friday deals. Although offers change every year, you can usually snap up savings on the biggest tech, toy, beauty and fashion retailers in Ireland, if you’re quick.
Expect brands like Smyths, Arnotts, Easons, JD sports and many more to slash prices on selected items.
Once you’ve done all your planning it’s time to make a brew, pour a glass of wine or crack open a beer.
Shopping should be fun and if you set a budget and stick with stores you trust, you can save money, shop without stress and hopefully pick up some great bargains too.
Black Friday FAQs
Do I have the same refund rights on Black Friday?
Yes. If you shop online, you’ll have the same consumer protection on Black Friday as you do any other time of the year.
If you shop in-store, you will be legally covered by the Sale of Goods and Supply of Services Act, but check at the shop counter before you buy because individual stores may have different return policies.
Our refund rights guide can tell you all you need to know about returning goods and getting your money back in Ireland.
Do Apple do Black Friday deals?
You won’t get an official Black Friday discount directly from Apple, but other retailers like Amazon will offer Black Friday discounts on older Apple iPhone models.
Should I buy goods on 0% Finance on Black Friday?
When you are purchasing goods on finance you are borrowing money to pay for the goods you want to buy, but the money borrowed goes straight to the seller or manufacturer to pay for the purchase.
It can be a good option if you are making a major purchase like a sofa suite or car and you can’t afford to pay the full price upfront. However, make sure you can repay the debt within the 0% finance period or you will be saddled with repaying extra at high interest rates.
If you want to take this option, the retailer will need to check your credit history and you’ll need to have a good credit score to prove you’re a reliable borrower. If you want to know more about how to check your credit record read our guide.
What is Cyber Monday?
The term Cyber Monday was coined around 2005 in the US by marketeers to encourage people to shop online. It became the online equivalent to Black Friday and is now a marketing term used by online retailers across the world.
The day always takes place the Monday after Black Friday and sales often take place through the weekend.
The dates for Cyber Monday are:
- 28th November 2022
- 27th November 2023
When is Black Friday?
This year Black Friday will be held on 25th November and Cyber Monday will take place on 28th November 2022. The following years will be:
- 24th November 2023
- 29th November 2024
Why is it called Black Friday?
The last Friday in November was often the day that shops “move into the black”, meaning they began to make a profit and therefore could start shifting old stock at reduced prices.
The concept originated in the US as a popular shopping day, the day after Thanksgiving and found it’s way over the pond in 2010 when Amazon started promoting deals and discounts on that date.
Now many countries around the world hold sales on Black Friday and Cyber Monday.