Shop Smart: Best things to buy during January

Shop Smart: Best things to buy during January

Living-Frugal-Loving-It-mdnLet’s start off 2024 saving smart and let’s make a resolution to not make unresearched purchases because there is truly a time for everything under the sun as the wise King Solomon once said (including making certain purchases) .

Treading away from fashion and consignment for one day, let’s focus our attention to another love of ours and that is showing off our frugalness with great steals at retail locations. We all know what wonderful year round deals you can find at great consignment stores like Vintage Vogue but here’s a great list from  Yahoo’s Financially Fit blog that I wanted to share with you.

The BEST things to buy during January

Electronics

The International Consumer Electronics show, the world’s largest consumer technology trade show, falls in January. Here, manufacturers introduce their newest products from flat screen TVs to mobile phones and cameras. With new tech products soon to flood the marketplace, retailers will discount older models and place them on super clearance in January, especially if holiday sales were disappointing. “You’ll find many high-end models at lower prices than you saw even on Black Friday,” notes Dan de Grandpre, Editor-in-Chief of DealNews.com. TVs, specifically, often see attractive pricing this month, as the Super Bowl draws near. “In January, electronics retailers tend to focus on the Super Bowl buyer. That means that high-end TVs – larger screens, with features like 3D – go on sale,” says de Grandpre.

Recreational Vehicles

If you’re in the market for an alternative ride like a motorcycle, boat or even a convertible, January is a good month to drive a bargain, as showrooms experience a huge slump this time of year. Salespeople are more likely willing to bargain. Check in with your local dealerships and ask about special offers.

Outdoor Gear

Except for items specializing in winter sports, camping and outdoor stores often see a drop in sales during the cold winter months, according to historical sales data collected by DealNews.com. This means you’ll find low prices on things like tents, backpacks, and fishing gear.

Bedding and Linens

January is also a great time to find deeply discounted bedding and linens, as some stores simply try to keep up with tradition. “White Sales” began in 1878 by Philadelphia department store owner John Wannamaker, who wanted to keep linen makers afloat during the slow, winter months.

Home Improvement Supplies

Also on sale during the off-season are materials and services related to home improvement projects like carpet installation, paint, and new flooring. Flooring, in particular, goes on sale this month because, following the flurry of pre-holiday installations and before the big tax rebate-buying season. “It’s true that contractors have a ton of extra time on their hands this month and could be looking to discount their materials or services,” says de Grandpre. “Start getting quotes now.”

Existing Homes

Speaking of home improvement, January is also a savvy time to shop for a new home. According to the National Association of Realtors, January is one of the slowest months of the year for existing home sales, with more families buying homes in the late spring and summer, closer to the start of the new school year. Cold weather discourages pounding the pavement so with fewer buyers on the market, you have eager sellers and far fewer bidding wars.

Happy shopping!

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