November 14th, 2011

Cyber Monday 2011: Tips From Personal Finance Bloggers

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cyber monday

Is it too early to be talking about holiday sales? That’s not what your local mall thinks. Every retailer in America has been planning for the largest online shopping day of the year since sales passed the $1 billion mark last year.

That’s right; Cyber Monday will be here on November 28. In just two weeks, we’ll be powering up our PCs and Macs, armed with a credit card and—hopefully—a shopping list.

We’ve put together a few quick tips to help you prepare for this epic online shopping day.

Prep beforehand.

Do your homework. Prepare for the best deals a day or two before by comparing prices and reading reviews on products, so you won’t have to take the time to do this during prime shopping time. Some of the best deals sell out in minutes!

Megan Tice | | @MoneyAisle

You don’t want to spend all day Cyber Monday looking for deals. You should do your research beforehand, find what you want to buy, and then make sure you get it before they sell out. Also make sure you create all your online accounts at store websites before Cyber Monday. The extra registration time could be the difference between getting the product and getting “out of stock.”

Kevin McKee | | @kevin_is_money

Check yourself.

Before you buy, consider the price you’re paying independent of the sale. Sometimes we become blinded by the great deal when all we need to look at is whether or not we want this item at this price. A thousand-dollar mink stole for $100 isn’t such a good deal if you wouldn’t have spent $10 on it any other day of the year.

Ezra Fox | | @ezrafox

Don’t get the gift of fraud.

Stick to trusted online merchants for your Cyber Monday shopping. Before making a purchase, find out if the site is registered with the Better Business Bureau, VeriSign or TRUSTe by scrolling to the bottom of the website. If you’re uncertain about an online retailer, but still want to buy, see if they take PayPal, which allows you to make payments without sharing your financial information.

Bethy Hardeman | | @bhardeman

Maximize your savings.

The best advice that I can give for shopping on Cyber Monday is that you should “stack to save.” The term “stacking” refers to applying multiple coupon codes to one purchase to improve your savings–common in the world of extreme couponing. Pricing on Cyber Monday will already be stellar, but with a little online research, you should be able to increase your saving even more. Search for free shipping codes, additional percentage off codes, or even dollars-off codes first.

David Bakke | Money Crashers | @MoneyCrashers

Always check and for extra coupons and savings passes before you click Purchase. These sites aggregate any coupon codes available for online and store retailers, and even let you know how successful they have been for other shoppers and when they expire. It’s a great way to potentially shave 15% off or score free shipping just by taking 30 seconds to do a quick search.

Justine Rivero | | @justine_wants

Do you plan on shopping this Cyber Monday? Tell us on Facebook or Twitter!

Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and accurate. However, Credit Karma does not make any guarantees about the accuracy or completeness of the information provided. For complete details of any products mentioned, visit bank or issuer website.


  1. Hello,
    I am Kavin Matthews and I am a member of some financial communities. I just visited your site ( The articles of your site is really worth reading. The quality of your content is excellent. After seeing this, I would like to request you something. I love to write financial articles and I would like to contribute something for your site if you’ll give me the permission. I can give you an original guest post and I assure you that it will be published only in your site. If you want, you can suggest me the topic also and I will write accordingly. Please let me know your thoughts. Waiting for your positive reply. Reach me at: kavin[dot]matthews25[at]gmail[dot]com

    Thanks & Regards,
    Kavin matthews

    Kavin Matthews at 1:59 am on November 15, 2011
  2. Hi, Kevin! Thanks so much for your interest in the Credit Karma blog! We certainly appreciate your enthusiasm. However, at this time we’re not seeking contributed posts outside of our current partnerships. Best of luck, and keep up the karma!

    bethy at 9:29 am on November 15, 2011
  3. Thanks for great advice. I also noticed in the past years that some websites are very slow due to high volume. It can be some what frustrating to deal with this kind of slowness so you should try to shop early. Also, the products sell very quickly so you must get there early.

    UltimateSmartMoney at 6:44 pm on November 15, 2011

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