I’m off for the Thanksgiving holiday — my favorite time of year. I’ll be hanging out with family and friends, and hope that you do the same.
Here are some things to consider during the next few days:
Also, now’s the time to decide whether you’ll join the fray on Black Friday — or opt out by making it a “buy nothing day”.
A new study from the American Research Group shows that “shoppers around the country say they are planning to spend an average of $983 for gifts this holiday season” — the most since the start of the Great Recession.
For many people, the Christmas shopping season starts this Friday. The day after Thanksgiving — now dubbed “Black Friday” — has become something of a ritualized cultural experience, and one of the biggest shopping days of the year. (It’s not the biggest shopping day of the year, but it’s in the top ten.)
While some of my friends subscribe to the “take the day off to find bargains on Black Friday” school of thought, I’ve traditionally sided with another camp. On the day after Thanksgiving, I observe Buy Nothing Day.
For the past 20 years, I’ve elected not to shop on Black Friday. It’s one way for me to avoid consumerism. I don’t begrudge others their bargains and shopping fun, but I choose not to participate. This year will be no different.
Regardless which path you plan to pursue — Black Friday or Buy Nothing Day — please spend responsibly. Buy only what you need and can afford. Don’t be lured into impulse purchases. Avoid debt. And most of all, enjoy the spirit of the season.
Have a safe and happy Thanksgiving. I’ll be back on Monday.