This Black Friday, be a financially smart consumer and reap real rewards

The Friday after Thanksgiving is known as 'Black Friday.' And for many American shoppers it's one of the most exciting days of the year. But credit card debt can rack up fast.

The New Year is supposed to be a fresh start, but that’s not possible if you are still carrying the burden of last year’s holiday shopping splurge.  Personal finance advocate Sharon Lechter is author of several books, including "Rich Dad Poor Dad," co-written with Robert T. Kiyosaki. Her latest book, co-authored with Kim Scouller, is"How Money Works for Women." 

In a consumer-driven society, it's easy to succumb to the allure of flashy advertisements and enticing discounts. The pressure to keep up with societal expectations can drive individuals and families to stretch their budgets to the limit, often resulting in the accumulation of debt and long-term financial consequences. But what if we shifted our focus from material abundance to the true essence of the holidays: connection, gratitude and shared experiences? Afterall, that’s what the season is really all about.