Money Mail 237 - Black Friday Is Here…Or Is It?

I read that according to a survey by PriceMe, 51% of Kiwis plan to shop on Black Friday this year, a sharp rise from 35% in 2023. What’s more concerning is that 53% will use debt via credit cards, overdrafts, or Buy Now Pay Later. That’s a financial hangover waiting to happen. If you are part of this 53%, you need to be very careful about going into debt in order to buy people material things they will probably throw out before next Black Friday. Let's look at some smarter ways.Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. Find us here:@keepthechange_nzhttps://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.