Black Friday and Cyber Mondaysalescan be money savers.
I talked to a few entrepreneurs who are taking advantage of business savings this holiday season.
Here are their shopping strategies for leveling up their side hustles without busting the bank.
Lau looks for deals onprinters,laptopsand recording devices.
Lau expects to spend around $500 this year, but he’s planning in advance.
Chen contacts customer service to see if they can match the featured promotion for his existing account.
Chen says budgets become more accurate when you set a budget with your different goals in mind.
It can help you understand what trade-offs you’re making.
For instance, $1,500 is a round-up international flight.
“If I feel OK with that, I’d go for that.
If not, I take a stab at think if I should save toward my other goals first.”
The same is true for your side hustle.
“That’s when you get in trouble.”
BNPL plans can be appealing, especially if no interest is charged.
Just be mindful of the terms.
Some BNPL companies charge interest and you may pay late fees if you fall behind on payments.
The same is true ofcredit cards, which often charge higher interest rates.
