Black Friday warning: ‘If you didn’t need it, you haven’t saved money’

LGE 2026: Cape Town housing crisis spotlighted during Cape Talk debate

LGE 2026: Get to know your Buffalo City mayoral candidates

Court rules absent father cannot inherit R716,000 from late son

Black Friday sales are already underway, despite the official Black Friday still being several weeks away.

But South Africans are being urged to think carefully before spending money on things they don’t really need.

Speaking to Africa Melane on CapeTalk/702, JustMoney’s Head of Customer Experience, Sarah Nicholson, warned that buying something just because it’s on special can end up costing you more.

“If you’re spending R1,000 on something that you would not otherwise have bought, you’ve not saved R1,000. You’ve actually spent R1,000.”

Toilet paper, frozen chicken, cleaning products driving SA’s Black Friday frenzy

BLACK FRIDAY: How to save 100% and avoid fake deals

Nicholson said Black Friday can be a good opportunity to save money on essentials, particularly if you’ve planned and put money aside.

But she warned against borrowing money, getting into debt or buying on credit just to take advantage of a sale.

“Keeping money available for necessities is definitely more valuable than buying something at a lower price if it’s going to put pressure on your budget later on.

Nicholson said the best way to avoid overspending is to make a shopping list and also to set a budget before looking at deals.

“Write down what you need, what you can afford, and what is the maximum you’re prepared to spend.”

She also reminded shoppers that December and January can be very expensive months, making it important to keep money aside for everyday needs.

“There is no shame in missing a deal. Another promotion is definitely going to be coming along at some point.”

Never miss a major story. Get breaking news and the latest developments from South Africa and beyond as they happen.

Take a look at the topic timeline for all related articles.

1 hour ago1 hour ago1 hour ago2 hours ago2 hours ago2 hours ago4 hours ago5 hours ago6 hours ago6 hours ago6 hours agoMore in Local29 October 2026 09:16

Court rules absent father cannot inherit R716,000 from late son

SARS officials pounce on Tshwane CFO Gareth Mnisi's office, residence

Teen among 5 suspects arrested for armed robbery of e-hailing driver in Eldorado Park