Hold onto your hard earned cash, experts warn

IF YOU are thinking of splurging this Black Friday, economists are warning that with an economy in the doldrums it would be wise to keep your cash in hand.

- TRACY-LYNN RUITERS

With Black Friday falling on November 28 and Cyber Monday following on December 1, experts are warning South Africans to approach the festive shopping period with caution.

While Black Friday has grown in popularity, becoming a cultural phenomenon in a short period of time, economic pressures, high debt levels, and the rise of online scams mean shoppers must plan carefully to avoid financial hardship.