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Black Friday : 8 Tips on How to Save Money while Shopping

Black Friday Tips on saving money while shopping

Black Friday – it’s that time again when hundreds of retail stores offer huge discounts to deal-hungry shoppers. But, it’s also the day when a lot of people get enticed by stores to purchase items at marked down prices. At this time of the year, a few weeks before Christmas and New Year, how can you save on your Black Friday shopping? Here are some tips to save you from financial woes after Black Friday:

 

Black Friday Money-Saving Tips

1. Search for the best deals you can find.

Many stores announce their Black Friday offers as early as the third or last week of October. Subscribe to your favorite retail store’s newsletter to get the latest or even exclusive offers they have.

Compare prices between stores so you’d know where you can get the best deals. You might even be surprised that some stores offer the same discounts online.

Early bird discounts are also offered by many stores before Black Friday, so keep an eye out for them.

Find out the Black Friday 2012 store hours of some retailers and list of Black Friday early bird discounts.

 

2. Plan ahead and stay on the budget.

Set a budget ahead of time. Keep in mind how much you’re willing to spend on items you’re planning on buying come Black Friday. And make sure you stay within that budget.

Buy gift or discount cards, but make sure you’ve read or know the store policies. You might not be able to use any gift or discount coupons on items that are already on sale during Black Friday.

 

3. Don’t spend beyond what you can pay off your credit card.

This shopping day is when most people tend to overspend, especially when they’re using their credit cards. As what I said in tip #2, stay on the budget. You might be happy with your purchase, but you’d most likely end up selling those precious finds just to pay off your credit card bills. You wouldn’t want that, would you?

 

4. Make sure you’re buying those that are actually on sale.

I can attest to the psychology behind this – how retailers lure shoppers during shopping seasons around Black Friday, Cyber Monday and Christmas. Since we are already in the shopping mood during sales, we tend to forget that not all items are on sale. And trust me, those stores know this and they would even strategically place regularly priced items with the discounted ones.

Also, be careful and verify if the price tags you see are actually for the items that you’re getting. Since stores are chaotic during Black Friday, you’d see a lot of misplaced products.

Lastly, make sure you check the prices when you’re checking out. You might be surprised that there are some prices that are higher when they scan the barcodes.

 

5. Don’t be vulnerable to thieves.

Holiday shopping is not all merry, sad to say. There are many scumbags who’ll take advantage of the situation when shoppers are vulnerable. So, always be aware of your surroundings and keep your belongings, wallet and money safely secured.

 

6. Don’t be fooled by bundled products.

Some bundled products may actually cost more than when you buy them separately. And stores will usually place those individual products away from each other, so you’d have a hard time comparing them. Well, make sure you do.

Buying bundled products usually mean that we end up with items that we didn’t really need in the first place. Don’t be tricked into buying them.

 

7. Stick to your game plan and shopping list. Avoid ending up with items you don’t really need.

This, for me, is vital. We tend to forget our budget and shopping list when we see items that are on sale and offered at huge discounts. For sure, you will be tempted to buy items that you don’t really need. Stick to your shopping list and budget. And, before you grab or ask for that item off the shelf, ask yourself if you actually need to buy it NOW.

 

8. Be patient and wait for the right time.

No, not while waiting in line during Black Friday, but there are actually items that are best purchased on any other day of the year. You have to consider the fact that since retailers expect thousands of people to go on massive shopping sprees, they won’t be offering the best deals on their most popular products. It’s supply and demand – one of the rules of economics is at play here.

So, it pays to actually be patient or keep track of the price of the item you’re planning on buying. If it’s not an immediate need, why rush, right? I personally won’t recommend buying a new TV come Black Friday.

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Those are just some tips to help you save money while you shop this Black Friday. I’m sure if you keep them in mind, you’ll have enough money saved up for your Christmas and New Year celebrations with your family and friends. :)

What other money-saving tips for Black Friday do you have in mind? Share at the comments section!

Read my other Black Friday articles:

 

It’s True: BDO to Start Charging P2 per Cash Card ATM Withdrawal

As of today, withdrawing money from your bank account at any of their ATM terminals doesn’t cost you a cent. But, yesterday, an online newspaper’s tweet resulted to a Twitter hate against Banco de Oro after they announced that BDO will be charging Php 2 per ATM withdrawal.

Here’s the tweet:

Apparently, the one who handles InterAksyon’s Twitter account incorrectly pushed out this article by saying that ALL ATM withdrawals from BDO accountholders will be charged a Php 2.00 fee even if it’s a withdrawal within the BDO network.

From that alone, you would understand why people were enranged. You usually only get charged when you withdraw from other bank’s ATMs (inter-bank), so it was totally bad news for BDO accountholders.

BDO charges P2 for Cash Cards ATM withdrawals

The TRUTH

So, you might be wondering if it’s true that BDO is charging Php 2.00 per ATM withdrawal. Thankfully, after clarification (another article here), it was found out that the Php 2.00 fee will actually be implemented towards CASH CARD withdrawals only.

BDO Cash Cards (BDO Prepaid Cards) are reloadable electronic debit cards that one can use for shopping like your regular credit card. The hook there is it’s reloadable.

This means all other BDO ATM withdrawals will NOT be charged any amount upon withdrawing money from any BDO terminals.

The Php 2.00 ATM withdrawal fee for BDO prepaid or cash cards will start on September 1, 2012.

I hope this clarifies this issue. I’m thankful it was just a mistake. A lesson to always be careful with what copy or messages you put out on social media sites, especially Twitter, as it can easily be seen and shared. What a PR nightmare this was! :D I’ll be opening an account with BDO soon, so I’m really glad everything was clarified.

Earn Online and SAVE : A New Goal and My Purpose

If you’ve been following this blog, you know that I made some changes with the layout and the theme. I have decided to revamp Pinay Online Money Maker because I believe that there is more to online money-making than meets the eye.

New header of Pinay Onliney Money Maker

For some of us whose online earnings go through our Paypal accounts, managing that “virtual” cash may seem more difficult because of the convenience online shopping provides us. I am one of those who are guilty of spending too much money over the internet than I do offline, which is a terrible habit. And there is no one else to blame, but myself.

So, I decided to take control of my finances, both offline AND online. There is no excuse for me to not save money since the temptation to purchase should be of less intensity since online shopping means I don’t get to see and touch what I’m about to purchase. I understand now that saving money when buying online shouldn’t be an issue since there are hundreds or even thousands of ways for me to keep my online finances in check. I just need to know where to look for coupon codes online, discounted prices and other promos that I can take advantage of. And, of course, knowing how to spend money wisely, and save for my future and for a rainy day.

Saving money online

I have moved this blog to a new server along with new sites that I’m working on. I’ve been inspired by many people over the past weeks, which made me decide to take my online finances more seriously, especially because of the upcoming projects I’ll be busy with. I know that I’ve helped a lot of online money makers like me with my tutorials and guides from the past, and this time, I am aiming to also help in managing their online finances, so we can all maximize the money we earn over the internet. I hope you join me. :)

BEWARE: Inside Job in Western Union?

Update 3/5/2013: I was checking in on one of the tech blogs I follow and found out that Abe of YugaTech has just recently fallen victim to this fraud. Read more about it here. I’m sure it’s a large sum of money knowing the amount of traffic his blog gets. Surely, the people who are behind this are well aware of that fact.

AND I read this blog post from Pinoy Den. He’s a recent victim too. This is very alarming and I hope Western Union finally takes action.

For now, I would suggest to use Unionbank to claim your Western Union earnings. As soon as you have the MTCN, you can call Unionbank right away.

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As a full-time online money maker, I know for a fact how easy it is for money I earn over the internet to get stolen or disappear into thin air. So, imagine my shock and paranoia when I learned about a fellow blogger’s experience with an alleged inside job in Western Union where she lost $6,267.97.

Western Union

I’m saying alleged, but if you read the story, you’d think that’s exactly what happened. I believe Western Union’s money transfer is secure. However, it’s the people who work for them that can be tempted to steal money from us.  They abuse their power and access to get what they want without thinking about how they’re going to affect the lives of others.

Western Union has been my go-to solution when I need to withdraw funds from my Google Adsense account or when my clients send me payments. I’ve trusted them for years, so I got a bit comfortable with using their services. I guess I’m not that concerned since I don’t make that much monthly, but I still always claim my money the same day I received a notification that payment has been issued.

Jennifer Aspacio, the victim of the most recent Western Union issue, having used their service for years, was assured with the notion that her money will still be there once she returns from her Cambodia trip and pick it up. She was wrong. I am sharing with you her experience to hopefully warn you or let you know that these things happen, and we should keep an eye out everytime.

Dito ka na kung saan kampante kang makakarating ang perang pinadala mo. Para kampante ka, i-“Western Union” mo (Inside Job in Western Union)

That’s one of the television ads in the Philippines of Western Union, the giant international money transfer facility that many people have learned to trust in sending money to their loved ones and one that is also being used by many individuals all over the world for their money transfer transactions.

The Western Union Mission Statement says:  “We do business each day with absolute integrity, honesty and passion, partnering as a team to meet our consumers’ needs.“

So, is your money safe with Western Union?  Are you sure it is a reliable money transfer facility?  Please read on.

My daughters have received wedding cash gifts from friends and relatives  in other countries using the Western Union money transfer facility, and because of that, I have so much trust in the facility.  What’s more, I also heard about people receiving remittances through this facility and they have expressed their satisfaction.

But more than three months ago, something very devastating happened that resulted in the erosion of my trust in Western UnionMy eldest daughter was cheated out of her payout which she used to receive regularly through this facility.  My daughter is a work from home mom and she earns by working using the internet.   Every month, she would receive a notice from Google Adsense  informing her  that her payout was already sent to Western Union, and she then would go straight to the facility to claim the exact amount without any problem.

But three months ago, when Google sent her payout through Western Union, my daughter  was out of the country (March 26-April 3, 2012).  The amount ofUS$6,267.97 was sent to her through Western Union on March 27, 2012, and it would be available for pick up on March 28, 2012.  So hours after she  returned to the Philippines on April 3, 2012, she went straight to Western Union to pick up her money, but to her dismay, she was told by the teller that someone picked it up on March 30, 2012.  She was in Cambodia on that day and there was no way that she could have claimed the payment.

Google uses a security feature that when my daughter would access her account, a security code is sent to her mobile device and that security code should be entered for access to be allowed.   She would need to enter her security code whenever she logged in to her account.  Having received no security code all the time that she was overseas because her phone was on roaming mode, it was not possible that her account was hacked.  So it is a big possibility that there was some kind of an inside job within the Western Union branch here in the Philippines that apparently released her payout.

Even the Western Union representatives were convinced that my daughter was the rightful recipient because of all her proofs.  But they insisted that that they could not give her the money because they are only answerable to Google because of the privity of contract issue.

Western Union representatives did not act immediately after my daughter told them about her case, but after she told them that she would make it her advocacy to reveal to the public her issue with them, it was only then that they promised to make an investigation.

Later, after a thorough investigation, Western Union admitted that they made a mistake in releasing the money to someone who was not the real Jennifer Aspacio, and that they had already returned the money to Google, and that my daughter should communicate with Google to resend the payout to her.

My daughter asked Western Union to provide her with a proof that they really returned the money to Google, but Western Union refused to give a proof, claiming that it was against their policy. My daughter has suffered much inconvenience, damage and prejudice, apart from mental anguish and serious anxiety.   The amount that she was supposed to receive was not all for her indulgence.  Much of that amount would go to pay for advertising campaign expenses as an internet marketer.

My daughter is the one who is supposed to write this blog, but she told me that she does not want to go through the mental anguish that she had gone through three months ago that resulted in many sleepless nights for her,  and so I am compelled to do this for her.

The refusal of Western Union to give the money to my daughter in spite of the fact that it was already established that my daughter is the true legitimate recipient is an IMMORAL ACT.  Why did they have to return the money to Google, when they could just simply give it to my daughter, and that would solve the problem?  And what’s more, Western Union refuses to give a proof that they indeed had returned the money to Google.

My daughter is a hard-working wife and mother, wanting only the best for her family.  She doesn’t deserve this kind of treatment from a giant company like Western Union.

You can read the original post here.

I’ve known Jennifer for over a year now. We see each other at events and having spoken with her many times, I know she’s a very hardworking mom, a loving wife to her husband Jeff (who I’ve also met) and a very sweet lady. She’s one of the beautiful women I’ve known, inside and out. :) She doesn’t deserve this.

The truth is, NO ONE DESERVES THIS because we have put in our time and effort to earn a living over the internet. No one has the right to steal our hard-earned money. NO ONE. I hope that Western Union returns the money to Jen. I hope this gets resolved.

Making money online

Even though this has occurred, I still trust Western Union. But, it’s been tainted because of this. So, I hope they take this more seriously because there is a growing number of people like us who make money online and rely on their services. If this continues, it’ll surely cause a dent on everyone’s trust in them.

Do you use Western Union for receiving money you’ve earned online? How will this issue affect you? Or has it affected you already? Sound off at the comments section!

Watch out for my upcoming post on tips on keeping your money online secure. We never know how many thieves are out there to rob us of our earnings.

Scam Alert: Lacoste Direct Ads from Jino Agency

Obviously, you guys already know that I make money online and from my blogs through advertisements. From time to time, I get direct advertisers contacting me about placing banner or text link ads on my blogs with a fee we have agreed on. And just yesterday, I got another email which raised suspicions that it could all just be a scam. It’s from a representative of a certain Jino Agency who claims the ad is for Lacoste. Her name’s Killian Blanchard. Here’s a screenshot of the email:

It made me suspicious because, first off, it’s for our food blog. Why would Lacoste be interested in placing an advertisement on a blog that’s completely unrelated to fashion? I continued on to see what will happen, already wary that it’s another one of those phishing scams. They said they have different ad banner sizes and would like to know the rates we offer for each.

By this time, I already checked their site – www.jinoagency.com.  I’m a web designer so I know that their site was pretty easy to come up with.

The site’s language is in French so I had no idea what the contents were. I was hoping to see a list of accounts or brands they handle, but found none. I was hoping to translate their site to English using Chrome’s integrated translate feature, but it wasn’t an option.

So, I ended up using Yahoo! Babel Fish which worked like a charm. The translation may not be perfect, but it’s obvious that their contents don’t sound like they come from an actual PR or advertising company.

I continued on to send them my rates to see if they would accept it. The thing is, I gave them very high ad monthly rates (scroll down for the screenshot of how much they’re willing to pay for a month!). Surprisingly, they liked my prices. So, they continued on sending me instructions on how to publish the advertisement.

As it turns out, I need to login to their site with the info they provided and then install a plugin on our blog. The only time I installed a plugin was for a reputable third party ad network and I only have it up and running on THIS blog. I’m just not comfortable installing any script or plugin on any of my high traffic blogs, most especially our food blog.

What I did next was to search Google for any post about them. I only found one link, but it was filled with all the necessary information that would conclude it was indeed a scam – Devious Scam Aimed at Bloggers.

The author and a couple of the comment posters on this certain blog post were very suspicious too of this ad placement. Having been very careful with putting malicious scripts on my blogs, I always make sure to check the code of any plug-in I install on my WordPress blogs and I do my research first. This time, I guess it more than paid off. And I know how important it is for me to share this to everyone just in case they got the same email and were hoping to earn a decent amount of money from these scammers.

Apparently, based on the comments, they won’t pay you afterwards. The codes may seem harmless now, but malicious plugins can give access to your WordPress blog or site to unauthorized people. So, you have to be VERY careful with what plugins you install.

Here’s a screenshot of the site they asked me to log into:

And the instructions on how to install the plugin:

Did they contact you too? If yes, please share your experience. And please, be careful. There are a lot of online scammers out there now and they get more creative everytime.

I’ll be posting more about dealing with direct advertisers here next time. Stay tuned!

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UPDATE: A fellow blogger mentioned about Mana Agency, a company one of the comment posters on the blog post I mentioned earlier revealing this as a scam too. Well, look at their website… doesn’t it look so fricking familiar?