Thanksgiving is almost here! This holiday, though, has morphed into a lot more than just turkey, mashed potatoes with gravy and cranberry sauce. It’s a day to get together with friends and family. It’s a day to watch Thanksgiving Day parades and football games. But to some, the best part about the holiday is that Black Friday kicks off in many stores on Thanksgiving night! Weeks before this day arrives, Black Friday sales are advertised in every place possible it seems such as TV, radio, mail and the internet. Black Friday sales are very hard to ignore. Everyone knows to beware or prepare for black Friday every year.
The holiday shopping season starts the day after Thanksgiving and has been this way since 1924 when Macy’s held its first Thanksgiving Day parade in New York City. The last float is Santa Claus on his sleigh waving to the crowds as a reminder – Christmas is coming! Better start shopping ahead for those gifts for your family and friends!
OK, so we know that the holiday shopping season has begun; but how did the day after Thanksgiving get dubbed as “Black Friday”? Research shows that the term “Black Friday” was paired with this day in the 1960’s for the kickoff of the holiday shopping season – when that particular day would bring record sales to the stores and help them bring their accounting records back into the black.
A lot of people incorporate a family tradition around Black Friday. They enjoy Thanksgiving with family and friends (a bit earlier in the day than customary) then take a nap to rest up for Black Friday. Why do you ask? They need to be prepared for the crazy crowds and waiting in lines for the stores to open, hoping to get those unique gifts that are marked down just for this day.
When interviewed and asked how to prepare, these are the typical suggestions:
DRB Capital understands the importance of saving money. Black Friday sales are a great way to save money on holiday shopping, replacing old appliances or getting a new TV! If you have a structured settlement or annuity and need cash to help with expenses call us to learn more 877-894-4541.