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Three Easy Tips to Avoid Black Friday Debt

Cindy Pik Ying Chan

Updated: Nov 17, 2020



Ten days left to Black Friday!!! Do you have your shopping list ready and budgets planned?


A national poll released by Credit Canada and Capital One Canada reveals that 1 in 3 Canadian increased their debt by more than 20% in 2018. During the 2019 holiday season alone, Americans racked up an average of $1,325 in holiday debt according to MagnifyMoney’s annual post-holiday debt survey.


Here are 3 quick tips to maintain a healthy budget:


1️⃣Set a budget limit and stick to it

2️⃣List everything you want to get with 'needs' before 'wants'

3️⃣Unsubscribe from emails


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