Christmas Discounts and Deals

Every year, WalletHub.com publishes a great resource designed to help you save money. I wanted to share it with you as Christmas shopping opportunities are upon us.

I also wanted to take the opportunity to thank you for supporting Prudent Money all these years. May you and your family have a wonderful Thanksgiving.

• JCPenney, Macy’s, and Belk are 2023’s Best Places to Shop on Black Friday, offering an average discount of at least 55%.  

• Around 13% of items at major retailers will be more expensive on Black Friday than their current Amazon.com prices.  

• Consumer packaged goods will offer the most value on Black Friday 2023 relative to their current prices, while furniture is expected to have the least rewarding deals.  

• More than 1 in 3 Americans are foregoing gifts this year due to inflation, according to WalletHub’s 2023 Holiday Shopping Survey.  

• Starbucks, Sephora, and Target top the list of 2023’s Best Gift Cards.  

• Consumers can save $300+ with one of 2023’s Best Credit Cards for Holiday Shopping.  

• Some consumers already have access to little-known credit card benefits that can come in handy over the holidays, including price-drop protection and coverage for damaged or stolen items.  

• 100% of store credit cards do not charge an annual fee, and the average card with an initial discount for new cardholders gives 18.75% off, according to WalletHub’s 2023 Store Card Landscape Report.  

• 40% of the major retailers offering 0% financing use a dangerous feature called deferred interest, which has the potential to make holiday purchases up to 27.5 times more expensive than expected.

Bob Brooks is the host of the Prudent Money Radio Show heard every weekday from 3:00 PM - 3:30 PM on FM Radio 91.3 KDKR