7 tips to shop smarter and save big during end-of-year sales

As the end-of-year sales approach, it's time to plan your shopping strategy. Whether you're eyeing the latest tech device or searching for the perfect gift, a little preparation can go a long way. Staying organised and sticking to a plan will help you avoid impulse buys and maximise your savings. Follow these tips to make the most of this sales season and get the best value for your money.

1. Make a wish list

Preparing for end-of-year sales is key to maximising your savings. Start by creating a list of items you need or want, then prioritise them based on their level of importance. You can categorise these items into "must-have," "should-have," and "nice-to-have" groups. This approach helps you stay focused on the essentials, ensuring you make the most out of your budget.

2. Set a budget...and stick to it!

Once you've organised your shopping list, it's time to focus on your budget. Setting a clear spending limit is crucial to avoid overspending during the excitement of the sales season. Sure, the latest phone or that fancy coffee machine might be calling your name, but maybe it's wiser to focus on buying a microwave that actually spins — or isn't 10 years old! What we're trying to say is that it's wiser to allocate more to high-value purchases rather than "nice-to-have" items.

3. Time your purchases strategically

Sticking to your budget is just one part of the equation. To really maximise your savings, it's important to shop at the right time. Sales events like White Friday are a great chance to grab discounts, but global events like Cyber Monday, Super Saturday, and holiday sales can offer even bigger deals.

If you're shopping in person, make the most of the local perks. For example, did you know you get instant cashback when paying with a Bank al Etihad credit card, regardless of your rank? And, if you're in Rank 1, 2, or 3, you'll also earn cashback with our debit card. But if you're eyeing those huge discounts from international sales like Cyber Monday or Super Saturday, it's worth using our multi-currency prepaid card when shopping online. It will save you from currency exchange fees and make international shopping much smoother. Just keep in mind that shipping fees can add up and sometimes cancel out the savings.

4. Compare prices across retailers

Before making a purchase, take a moment to compare prices between physical stores and online retailers. Local shops often have different ongoing promotions and discounts, and prices can vary between these shops and e-commerce platforms. Some retailers offer exclusive discounts for in-store purchases, while others only offer online deals. A little research goes a long way in helping you find the best deal, whether you're shopping in person or online.

5. Check return policies for sale items

Before making a purchase, especially during holiday sales, it's essential to review the return policies for sale items. Many stores have specific restrictions, such as limited return timeframes or items that aren't refundable. This is particularly important when buying gifts or items you can't try before purchasing.

By understanding the return policy upfront, you can avoid any unpleasant surprises. For example, if the gift doesn't work as expected or isn't the right size, knowing the return process ensures you can easily exchange or return it if needed. Some sale items might only be eligible for exchanges, so double-checking these details before purchasing helps you shop confidently and protects your ability to return or exchange items.

6. Avoid impulse buys

We know it's easier said than done, but one way to avoid those tempting impulse purchases is to give yourself a cooling-off period. If you're shopping online, add the item to your cart and leave it there for 24 hours or even longer. Often, when the excitement of the moment fades, you'll realise you don't actually need it, or you'll find that it's just not as appealing as it seemed at first. If it's still something you want after a day or two, then go ahead and buy it — just make sure it's a decision you're making with a clear mind. This simple trick helps you avoid purchases you'll regret later and stay focused on what's truly important.

7. Be mindful of your credit card spending

Before using your credit card to make a purchase, ask yourself: "Can I afford this without adding to my debt?" To avoid overspending, only use your credit card if you can pay off the balance in full when the bill arrives. If paying it off right away isn't possible, consider saving up for the purchase instead. This way, you won't have to worry about high-interest debt later on. Staying debt-free helps keep your finances in a healthier place for the long run.

End-of-year sales are a great opportunity to shop smarter and save. With a bit of planning and mindfulness, you can make the most out of this season while staying on top of your financial goals. Happy shopping!