Rethink Black Friday – Black Friday Myths Busted
If you’re preparing to take advantage of Black Friday deals, think again. Consumers are advised to be cautious of ‘never before seen’ deals offered by retailers, and especially taking credit for items they may not need. Building upon the launch of an advertising campaign, featuring Vusi Thembekwayo, that asks South Africans to rethink credit as part of responsibly realising their dreams, Capitec Bank advises South Africans to give careful consideration to storing credit as Black Friday approaches. To help consumers, the bank has put together a list of myths and tips to consider during the retail frenzy called Black Friday, when more than R2.4 billion worth of transactions are expected to take place in a single day.
Tip #1: Buy smart.
Don’t let Black Friday become an excuse to buy things you don’t really need and spend money you don’t have. Think it through and be smart. Ask yourself: “will this purchase help me to live better and realise my dreams?” Electronics, clothing and flashy accessories quickly become old, but a new computer for your business or a vehicle to transport your kids to school stand the test of time. It’s all about long-term utility over short-term happiness.
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