Resist reckless Black Friday spending

WITH families facing an uncertain future, and with a number of people losing their jobs, now comes Black Friday.

Not just one day but the whole month of November. With new deals every week.

This will prove an absolutely successful marketing strategy for the retailer, but not for the man on the street.

With the rand hitting an all time low, inflation on the high, our markets very jittery, Covid-19 still a threat and the big increase of petrol, we need to be careful.

With what is referred to as “the silly season” approaching, reckless and unnecessary spending is going to be the order of the day.

I urge all Daily News readers to spend wisely and, most importantly, do not incur unwanted debt. I appeal to everyone to show restraint and hope consumers are discouraged from taking out additional debts to fund specials of the day.

Come 2022 it will be a very tough year with talks of a fourth Covid wave at its peak in January, this is worrying.

I would hate to see consumers starting out the year negatively with having to go for counselling because of financial difficulties and reckless spending.

Once again my humble appeal to all shoppers, please exercise restraint and caution during the holidays.

The wise ones who are very careful will have no problem in meeting their commitment like school fees, and uniforms.

It will be the retailers that will be smiling all the way to the bank while the buyers will be suffering from remorse.

I would hate to see consumers going for counselling because of reckless spending and falling into financial difficulties.

Warren Buffet provides some appropriate wise words: “Do not save what is left after spending, but spend what is left after saving.” DHAYALAN MOODLEY I Mobeni