Shoppers trying to stick to holiday budget

By Tara Morgan - bio | email

RICHMOND, VA (WWBT) - In just a few hours, the Black Friday shopping frenzy begins. But already, eager shoppers are anxiously waiting for stores to open.

The holiday shopping spirit is alive and well on this eve of Black Friday. Shoppers are eager to find the best deals so they don't break the bank or get caught up in a credit crunch.

According to Consumer Reports, more than 13 million people are still paying off last year's Christmas shopping debt.

It can take a year to recover from all that spending. Something Ferron Powell knows all too well.

"Years back I had my run with spending to much on credit cards, now I don't carry a credit card now," said Powell.

His motto now, pay as you go.

"As I get the money to buy it, I buy it," said Powell.

Other shoppers tell me they're following suit this Christmas.

"Single parent, two part time jobs, definitely a tight budget. If I can't pay cash for it I don't get it," said Patricia Linhart.

The same goes for Kyndell Parker, who on this Thanksgiving day, kept her wallet in check, while she mapped out her strategy for one of the busiest holiday shopping days of the year. She has a wish list and is sticking to it.

"I kind of limit myself to under a certain amount $500 I try to pay cash for everything," said Parker.

Some of the hot items sold today include TV's and video games! I'm told extra staff is on hand at area stores to keep up with demand.

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