Black Friday is a prime opportunity for military members and their families to grab great deals and stretch their holiday budgets. By planning ahead and taking advantage of military-specific benefits, you can make the most of this shopping season while keeping your finances on track with these 5 tips.
- Plan Your Shopping List and Set a Budget
Before the deals start rolling in, list everyone you’re shopping for and set a firm budget. Knowing your spending limits early prevents impulse buys and holiday debt stress. Allocate portions of your budget to each person or gift category. This approach helps you shop with focus and control during the sales rush.
- Take Advantage of Exclusive Military Discounts and Tax-Free Shopping
Military exchanges such as the Army & Air Force Exchange Service (AAFES), Navy Exchange, and Marine Corps Exchange offer tax-free shopping and exclusive discounts year-round. During Black Friday, these savings stack with seasonal sales, making it an excellent way to stretch your dollar. Remember, access to these exchanges is for active duty, retired personnel, veterans, and their families with proper ID.
- Shop Early and Online
Many military exchange Black Friday deals begin online at midnight on Thanksgiving Day, giving you a head start before in-store crowds arrive. Shopping early online also helps you avoid sold-out items, and you can plan purchases from the comfort of home. Stay updated on current and upcoming military sale events through platforms like ShopMyExchange.com.
- Use Military-Exclusive Credit Cards and Payment Options Smartly
Military-friendly credit cards or payment options like the ECP Military STAR card can offer additional discounts or reward points. Use these responsibly to maximize savings but avoid overspending. Some cards may also provide flexible repayment plans, ideal for holiday purchases.
- Don’t Forget Commissary and Local Retailer Deals
Your local commissary often runs holiday promotions, helping you save on groceries and essentials. Also, many national retailers like Kohl’s, Home Depot, and Bass Pro Shops offer military discounts, sometimes stacking with Black Friday deals. Check retailer policies for military discounts and consider using platforms like ID.me to unlock exclusive offers.
Bonus Tip: Consider a Military Loan for Extra Holiday Funding!
If you need a little extra financial flexibility to seize Black Friday deals, our military loans provide quick approvals, flexible repayment, and can help you shop smarter this season without the stress of tight budgets!
This blog is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial professional to determine what may be best for your individual needs. Visit the individual websites for complete details including hours of operation and pricing information. Information can change at any time. Omni Financial does not endorse, recommend or imply affiliation with the listed companies, events or organizations.
Sources:
https://veteran.com/black-friday/
https://www.military.com/money/personal-finance/10-tips-for-black-friday-shopping.html
https://www.blackerfriday.com/aafes/#google_vignette
http://ShopMyExchange.com
