Black Friday is almost as big as Boxing Day in Australia – and it isn’t surprising as we’ve embraced Halloween and the Super Bowl as near-holidays in themselves! As is per tradition, Black Friday is an opportunity for retailers to slash prices and move stock and as bargain hunters to snap up some fantastic savings. How can you make the most of Black Friday sales? Fundo has you covered with this ultimate guide!
Stick to a Strict Budget
With so many items on sale during Black Friday, you may be tempted to buy them all. But this isn’t good for our hip pocket, as we all know! So set a strict budget – something you can comfortably afford – and focus on your needs (such as replacing an old appliance) rather than wants (jewellery or yet another pair of shoes) first. If you can get what you want with the money left over, great! If not, use the Jay-Z rule: if you can’t afford to buy it twice, you can’t afford it.
Can You Get Discounts For…
In the modern age, online retailers will do anything to get your repeat business. They do that by capturing your “opt-in” information – like your phone number or email address. In most cases, they’ll give you a one-time discount in exchange. If they don’t, you can test the waters by loading up your cart and not buying, leaving it “abandoned.” In a day or two, they may remind you about it – and offer a bit of a discount too! Remember to try this in the early stages of the event, to make sure you save the most.
Use Bargain Hunter Browser Extensions
We all love shopping around for the best price on Black Friday, but thanks to apps and AI it can make things even easier. Browser extensions like Honey can find all the latest discount codes and apply them for you automatically (and also gives you rewards as you shop.) Keepa tracks prices on Amazon so you can see if the “discount” is all it’s cracked up to be. It could save you a pretty penny!
Stock Up On Discounted Gift Cards
If you don’t have anything you need or want just yet, it’s also worth stocking up on discounted gift cards. That means when you do need something, you have the benefit of the “discount” before you even buy! Pretty cool, huh?
Need Funds Fast To Take Advantage of Black Friday? Fundo It!
If there is a sudden or urgent expense that’s about to loom over Black Friday – or you just want to take advantage, you can get a small cash loan from Fundo between $500 and $5,000. You could have the funds in your account in under 60 seconds! (If you approve your loan contract and have PayID.) Stress less, and Fundo it this Black Friday!
FAQs – Applying For a Black Friday Loan
How much can I borrow for Black Friday loans?
You can borrow between $500 and $5,000 for any purpose with Fundo. Just use our three-click application system on the Fundo Dashboard to get started!
What are the repayment periods for Black Friday loans?
For small cash loans of $500 to $2,000, the minimum repayment period is 5 weeks with a maximum of 20. For loans above $2,000 to $5,000, the minimum repayment time is 9 weeks with a maximum of 26. You can choose from weekly, fortnightly, or monthly repayments.
Can I get a Black Friday loan with bad credit?
Yes! We’ve helped hundreds of Australians get itty bitty loans even if they have bad credit. Note: we can’t guarantee approval for all customers, as we assess applications on a case-by-case basis.
What do I need before applying for a Black Friday loan?
You will need a rough idea of your income and expenses as well as being over 18, an Australian resident, earning at least $1,000 per fortnight (Centrelink accepted) and be able to verify this if needed.
How long does it take for a Fundo loan to come through?
Once your application is approved and you authorise your loan contract, you could have the funds in your bank account within 60 seconds, provided your account is PayID (also known as Osko or NPP) enabled.
The opinions expressed in this blog post are for general informational and entertainment purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific investment product. It is only intended to provide education about the financial industry. The views reflected in the commentary are subject to change at any time without notice.
