I’m not being a spoil sport honest, however ,I’m not entirely sure how I feel about Black Friday sales. Like anyone I love a bargain and I feel good about getting a bargain but what does Black Friday really represent.
Here are some of my thoughts :
Getting caught up in the hype, making impulse purchases on ‘bargains’ that we don’t really need nor can many of us afford but still having the FOMO feeling (fear of missing out) putting on credit cards to be able to make that purchase cos its a bargain right? A feel good factor……until the credit card bill comes in.
The pressure of getting your ideal bargain purchase in a 24 hour window can be stressful. ‘What if they’re gone if I don’t get there in time or unable to log online in time as I need to work’. As employers do we want our staff using work time shopping online. We’re not paying them to do their shopping, however, being at work stressing at not being able to secure their bargains increases anxiety levels and makes them way less productive anyway.
This is the one that I feel the most. As once a single mother who continuously struggled financially especially around Christmas time wanting to give my child the best present ever, I feel for those who are less well off.
For families with children, the peer pressure to have the latest technology is expected. You don’t want to know as the ‘poor kid’ at school, however, these are seriously expensive gifts and I get that Black Friday offers families the opportunity to purchase these gifts at a saving so their kids can be like everyone else but it comes at a price. What else in the household has to give? We may mock the crowds at the retailers on Black Friday but how many are there in desperation?
Finally, are we really getting the best deals on Black Friday. Are we being fooled into believing the deals are the very best on offer to encourage over spending. I’ll leave you to decide.
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