Retail spending for 2019 Christmas is estimated at $1.1 trillion

Courtesy: KNOE
Courtesy: KNOE(KNOE)
Published: Nov. 25, 2019 at 7:42 AM CST
Email This Link
Share on Pinterest
Share on LinkedIn

Retail spending for 2019 Christmas is estimated at $1.1 trillion

Jo Ann with BBB gives us tips to make sure you spend your money wisely this holiday season.

BBB reports are good research tools for before you buy.

Check for return policy and warranty information before you buy

Use credit not debit cards for online purchases

Make sure you are on authentic not fake sites

Support local businesses and shop at home also!

Black Friday and its popular sidekick Cyber Monday mark the unofficial start to the holiday shopping season.

BBB according to a Deloitte study, this year's holiday retail spending is expected to exceed $1.1 trillion—almost $1500 per household.

Make list, check it twice. you can bag the best bargains while also staying safe by following tips from BBB.

What should be the first step in safe shopping mode?

BBB says to research the items you have your eye on and their ads before adding them to your holiday shopping list.

Read product reviews, inspect sales fliers and compare prices before making a decision.

Be cautious of ads that offer steep discounts.

An ad may show an item for 75% off, but the original price could be inflated.

Some retailers also may offer an additional percentage off your purchase, but could exclude certain deals or items such as "doorbusters." read the fine print!

What about return policies and warranty information?

BBB if you cannot get information in writing on a return policy and warranty do not buy!

be sure to pass along any information about returns, exchanges, repairs, and/or warranties to the person who will use the item.

gift receipts are an easy way for recipients to return or exchange a gift, but make sure the item is able to be returned before purchasing.

GMA what about online traps and fake sites?

BBB if you plan to do the bulk of your shopping online on Cyber Monday, beware of phony websites.

Scammers love to create lookalike websites that appear to belong to trusted retailers.

Check the website for red flags, such as spelling and grammatical errors, or lack of legitimate contact information.

If a business is selling a heavily sought-after item online at a price that seems too good to be true, it probably is.

GMA what about risks to your phone or computer when online?

BBB takes an extra step to safeguard your privacy online by making sure your antivirus software is up to date.

be sure you're shopping on a secure website. secure URLs begin with "https."

steer clear of pop-ups never enter personal or credit card information in forms on non-secure websites.

GMA what about a method of payment?

BBB consider doing your shopping with a credit card.

If any shady charges pop up later, you will be able to contest them through your credit card company.

debit cards don't offer this same protection.

Before you make your list, visit for the business profiles of the stores you want to visit, and read what other customers have experienced