EP311 Deal or No Deal

Young Money with Tracey Bissett

Are you ready to tackle the tempting deals of Black Friday and Cyber Monday without derailing your budget? In today’s episode, we dive into the art of smart shopping during the biggest sale season of the year and share essential considerations to ensure you're making wise purchasing decisions.

Listen in as we explore three key considerations: understanding the real reason behind your purchase, assessing if the deal is genuinely beneficial, and exploring ways to maximize benefits like loyalty points or additional perks. We also offer bonus tips on avoiding overspending, such as unsubscribing from tempting store emails and involving friends in your spending plans. And don't forget about Giving Tuesday – a perfect opportunity to make your charitable contributions go further!

“If you are getting a deal, make sure it really is one.” - Tracey Bissett

This Week on Young Money:

• Evaluating the true purpose of your purchases.
• Determining if a deal is genuinely advantageous.
• Leveraging loyalty programs and other benefits for optimal value.
• Bonus tips to resist overspending temptations.
• The importance of Giving Tuesday and supporting charities in need.

Key takeaways:

1. Be mindful of your purchasing motivations.
2. Scrutinize deals to ensure they are genuine savings.
3. Utilize loyalty points and other benefits for added value.
4. Implement strategies to avoid emotional spending.
5. Remember the broader impact of your spending, especially on Giving Tuesday.

Resources Mentioned:

• Who’s Hungry Report 2023

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