While millions of shoppers count down the hours until the much awaited Black Friday sale tomorrow, the National Credit Regulator (NCR) advises consumers to avoid getting caught by sales gimmicks and approach Black Friday offers with a level head. “Don’t give in to impulse buying and avoid being tempted by the flood of advertisements in the media”, cautions Ms Mpho Ramapala, Manager of Education and Communication at the NCR.

With the festive season just around the corner, Black Friday may just trigger an overspending binge that could set you back financially in the new year if you are not cautious. “Before you break the bank this Black Friday, please ensure that you have prioritised your necessities for the month(s) ahead like your bond/rent, transport etc.,” stresses Ramapala. “A sale does not necessarily mean that you must shop until you drop, certainly not if you haven’t budgeted for it and have more important commitments. Never fund your Black Friday or festive shopping spree by taking unnecessary loans/credit and getting into debt.”

Ramapala shares some advice on surviving Black Friday and Spending Wisely during the festive season:


Spend wisely tomorrow and during the festive season and enjoy a financially relaxed and peaceful new year. Remember that if you choose to ignore your budget and break the bank on Black Friday or max out your credit cards for festive shopping you may be headed for a cash strapped and bleak 2018.


Issued by:

Lebogang Selibi
National Credit Regulator
Tel: (011) 554 - 2722
NCR Call Centre: 0860 627 627
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.