It's coming around to that time of the year when the high street starts to fill up, the shelves get heavier and our wallets get lighter.
However, this is the busiest shopping day of the year and in 2016 alone £6.5 billion was spent over the course of the week.
This year Black Friday is on 24 November, and although we've still got a few weeks to wait, we're gearing up for the big event.
Luckily our friends at HotUKDeals are on hand to help us out with some tips on how to make the most of our money.
Their deal-savvy shoppers have put together some top tips to get ahead of the crowds.
BEFORE: How to prepare
As with many things, preparation is vital for making the most of Black Friday. Don't go in blind - make sure you take a little time beforehand to make a list of exactly what you want to buy and find out where the products are being sold. If you stick to a list you are far less likely to end up going way over budget.
Newsletters and email updates can be really handy too when it comes to planning in advance. If you'd rather something even more immediate, you can sign up for WhatsApp alert messages from HotUKDeals. Another suggestion is to make the most of the Amazon Prime 30-day free trial - you'll get access to discounts early and benefit from fast delivery too.
Make the most of social media
It's a good idea to keep an eye on the social media pages of the big stores you're looking to hit on Black Friday. You can turn on notifications for Facebook posts and turn on mobile notifications on Twitter to make sure you don't miss out on any big announcements before and on the day itself.
If you want to be really prepared you should head over to the website you're looking to buy from the day before the sale drops and not only make a note of the products you want to purchase but go ahead and put them in your online basket there and then. However, some outlets only hold products in baskets for 12 hours, but plenty of places will have a 'saved items' option, where you can earmark what you want. Then all you'll need to do later is check the discount is as expected and move them all over to the checkout.
DURING: How to make the most of the day itself
If you want to avoid the crowds then shopping online will make your life a lot easier this Black Friday. Make sure your computer is fully charged and ready to go and you can relax in the comfort of your own home while browsing the best deals. Even if you know exactly what you want, be sure to shop around. Comparing prices with other sites is important, you never know who is going to drop their discounts even further on the day itself.
Timing is everything
You might be looking to bag a big ticket, in demand item this Black Friday... if that's the case, make sure you're shopping at the right time. If you know that you definitely can't afford to miss out then why not set your alarm a little earlier than normal to beat the online crowds and queues. After all, if you're shopping online who says you can't do it from the comfort of your own bed!
Patience is a virtue
One HotUKDeals member has advised that it's not always as straightforward as instantly clicking through to check out. If you're not successful instantly, don't panic and persevere! It's always worth checking other shops too to find out if the product on your mind is listed elsewhere for less.
Make extra savings
Have a look the night before Black Friday and see if there are any other discount codes that you could stack on top of the existing deal. While you may not be able to use them in some cases, if you can you could save yourself even more - what's not to like!
Keep up to date with all things Black Friday on our dedicated Aol Money page here.