Choose essentials over ‘nice-to-haves’ this Black Friday, says financial planner

Chante Ho Hip

Chante Ho Hip

27 November 2025 | 7:32

With the festive season fast approaching, making smarter decisions now can set you up for a better January.

Choose essentials over ‘nice-to-haves’ this Black Friday, says financial planner

Photo: Pixabay/un-perfekt

Despite Black Friday’s American origin, retailers across South Africa have embraced the biggest shopping day of the year.

For the consumer, Certified Financial Planner Paul Roelofse says it is about finding a balance between smart choices and impulse buys. 

While it is beneficial to take advantage of discounts on essential items and bulk purchases you’ll definitely use, he cautions against being lured by seemingly good deals on unnecessary items.

With the festive season fast approaching, making smarter decisions now can set you up for a better January.

“We should be looking for those essentials, those things that we really need, the things that we can even buy up in bulk. But we know that we're going to use them,” he says

“Remember, if you're spending, you're getting 30% off, you're still spending 70%. So, make sure it's on things that you really need rather than things that you'd like to have.”

To listen to Roelofse in conversation with 702’s John Perlman, click below:

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