Welcome to “What Do I Buy and When?” – our series geared towards helping you make smarter buying decisions. Each month, you’ll learn which items retailers price to sell and which ones aren’t so you can find the best deals throughout the year. Our information is gathered from sites like DealNews and DailyFinance, places that search the retail world to find the best and worst deals. We want to help you save money!
Consumer spending typically calms back down in January. To compensate for the decrease in post-holiday spending, retailers tend to offer deals to attract customers back into their stores. To make sure you save money this month, check out these items that are discounted this January, as well as a few items you’ll want to avoid purchasing this month.
Winter Items. Although it finally feels like winter, winter is over in retail terms, and now it’s time for spring. You will find retailers have put all winter apparel on clearance to make room for the new spring line. In addition to winter items, holiday items are priced to sell quickly, though the selections are obviously slim. Yes, the holiday season is over; however, they will be great to use for the next holiday season.
Cars. Car shopping is typically at its slowest during the months of January and February. Between the recent holiday spending and the potential weather threats of snow and hail, it makes January a less-than-ideal month to purchase a vehicle. This dip in car buying encourages dealerships to be more open to negotiating better deals to move out their inventory.
Gym Memberships. If you, like the rest of the nation, made the New Year’s resolution to lose weight and/or live healthy, then January is the month for you to sign up for a gym membership. This is one of the biggest months of the year for gyms, and they are looking to capitalize on the momentum. Shop around and compare the discounts on sign up fees as well as monthly rates. Just be sure to read the fine print if signing a contract to make sure you aren’t surprised by any future monthly rate increases.
White Sales. A white sale is an annual sale that takes place every January where various retailers discount bedding and bath items. With origins in the 1800’s to move bed linens (they were only made in white), the sale has progressed into more bedding and bath items. Check out common bedding retailers like Bed Bath & Beyond, Pottery Barn, and JCPenney for current sales.
Spring Apparel. Though stores are discounting winter apparel at super-low prices, don’t be tricked. Those discounts do not apply to spring apparel. If you’re shopping for clothes, make sure to read the sale signs to see which items actually apply to the discounts.
Mattresses. Though stores are holding white sale, mattresses aren’t typically included. If you are in the market for a mattress, wait until holidays like President’s Day in February or Memorial Day in May to find much better deals.