And because we want you to be prepared for this, here are some information about the Black Friday itself and a few useful tips you might want to consider before getting yourself into this crazy shopping day!
In fact, the day goes all the way back to 24 September in 1869. Two U.S. financiers tried to be so smart and bought a significant amount of U.S. gold, obviously hoping for an overall price soaring, so that they’d be able to sell it again for huge profit. Well long story short, this plan didn’t work out as you might guess. Eventually the U.S. gold market crashed and their actions left the the Wall Street Barons bankrupt. From there the U.S. was set into a really bad financial crisis.
The name ‘Black Friday’ actually came from the way American shops recorded their accounting details, as they’d note profits in black and losses in red. Over this hard time most shops only got to write red number, only after the day of thanksgiving they finally ‘went into black’ again.
When does it make sense to wait until black Friday itself and when should one of the current deals be taken. Obviously this is always a question of how lucky you’ll be on the day, but if it is a very specific product you are waiting for, in a specific colour or size, you may want to consider buying it before the time. I don’t want to disappoint you in this, but the chances are high that you aren’t the only person waiting for a deal on this product. If you are just waiting for the highest possible discount, you may want to wait until Black Friday.
Before you get yourself out there, getting lost in all the discount signs, you should do some research. Check out RedFlagDeals and RetailMeNot for some brilliant deals, coupons and special offers first.
Just think about where these product are coming from, that they need to be produced, and packed and that there is a whole chain reaction after this. I don’t want to be the Party-Pooper in this, but I guess especially our generation has a very good understanding of this and should proof this in actions!
Till then, Happy Shopping you all!
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