Invest while you shop this sale season
What's a better deal than your future? This sale season, shop while you invest. It’s the perfect time to start investing in your super.
This year's Black Friday and Cyber Monday sales are just around the corner. We’re sensing the early rumblings of huge savings underfoot. If you're a person who loves deals, Black Friday is one of your best chances throughout the year to find some great ones. It is the perfect opportunity to start your holiday shopping and grab those great deals before a pre-Christmas price hike.
However, if you're like most people, then you may be wondering how to save money on gifts for friends and family without having to give up quality or style. The sale of last season's daggy clothing is a thing we all know about. But it doesn't have to be this way.
The answer? Shop smarter, not harder.
Build your super as you shop through cashback rewards offered by platforms such as Super-Rewards. In Canstar’s article, personal finance writer, Nicola Field speaks about how investing while you shop is one of the top 10 ways to save this holiday season!
Super-Rewards is the best way to score on the latest on-trend presents. With over 400 retailers across multiple categories including Women’s and Men’s Fashion, Home, IT & Electronics, Babies & kids and more, there is truly a retailer and a gift for everyone you know and love.
Australians are expected to spend up big this festive season despite the chaos that COVID-19 has caused. According to Australia’s largest peak body for retail, Australian Retailers Association and strategic partner research firm Roy Morgan, pre-Christmas spending for 2021 will be at high. Retail figures are expected to equate to over $58 billion nationally.
The festive season sales begin with Black Friday and Cyber Monday, where according to 2020 figures it is expected that close to $2 billion in sales is going to be recorded across the four-day period.
Roy Morgan notes that Gift buyers are expected to spend an average of $726 each. As stated by 20% of Australians who know what presents they’re going to buy, the most popular gifts include toys, jigsaw puzzles and boardgames. Next on the gift list include vouchers and gift cards (18%) and clothing, shoes and sleepwear (16%). Shop Toys, Gifts and Women’s and Men’s Fashion on Super-Rewards.
With an average cashback of 5.4%, you could earn $40 into your super. If every Australian were to shop through Super-Rewards during the holiday season alone, we could add $3.1 billion to the national superannuation savings pool.
We’re bringing this up early to give you enough time to scope out what you’ll be wanting to slap onto the wishlist.
Business News Australia notes that 79% of Australians say they’ll spend the same or more than they did last year on presents. Therefore, the best way to start planning is getting out your list from last year and scrolling through the Super-Rewards retailers to make sure you are ready to click when the shopping frenzy begins!
The best part is, when you sign-up to Super-Rewards you will have exclusive access to deals on our retailers, which will allow you to grab a discount and increase your super at the same time. Sign-up for free today to make sure you don’t miss out.
It takes one minute to sign up and ensures you will earn super forever!