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Consumer Journalist Wendy Knowler joins The Flash Drive with tips and advice to keep in mind when shopping on Black Friday.

What mistakes are consumers making?

This is a perfect storm, and not in a good way... We've got a lot of people sitting with impaired credit records which means cards maxed out. Only 70% of cardholders are meeting the minimum monthly amount... that's 25 million credit cards... that are being used as a stopgap between paydays for consumption spending.

Wendy Knowler, Consumer Journalist

A lot of South Africans shouldn't even be thinking about Black Friday... We get this FOMO thing...

Wendy Knowler, Consumer Journalist

So how should we spend over Black Friday?

How you do Black Friday is you think I need a new TV, you think that in July... You think I'm going to research this... start looking at prices, track them... and I'm going to buy it on Black Friday and I'm going to know that I am getting a good deal because I know what the actual prices are... those are the people that win.

Wendy Knowler, Consumer Journalist

Wendy Knowler warns against online shopping scams.

Black Friday is not the time to experiment with a site you've never transacted with before... the criminals are Christmas shopping too. They want lovely end-of-year bonuses.

Wendy Knowler, Consumer Journalist

She advises sticking to big online retailers.

They are tried and tested. They have reputations that they value and will put things right when there's been a horrible mistake.

Wendy Knowler, Consumer Journalist

Cyber-criminals are increasingly targeting South Africa which now has the third-highest number of cybercrime victims in the world.

Wendy Knowler, Consumer Journalist

Listen below for more Black Friday tips from Consumer Journalist, Wendy Knowler.

Catch The Flash Drive with Carl Wastie, every week day from 3-7pm on Kfm 94.5

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