Money Saving Monday Tip #8 – Buy Items At the Right Time
I was talking to a co-worker the other about how my wife is really great about purchasing items at the right time. What I mean by this is she waits until items are out of season to buy them. For example, she purchased a pool for our kids (affiliate link) a few weeks back. Since summer is about over, pools have been significantly reduced in price. The pool she purchased is normally about $150.00, she got it on sale for $40.00.
Many items can be purchased at a great discount this way. End of season discounts are a great way to save money. Here’s a few tips to help you out:
- Spring and summer merchandise usually goes on sale in June and July
- Fall and winter merchandise usually goes on sale in January
- When demand is high, prices are high. When demand is low, prices are low. For example buy outdoor products like lawn mowers, grills, and deck furniture in the winter. During the summer, buy winter items.
- Overstock.com often has off-season items for great prices.
One word of caution, only buy when you have the money. If you’re going to end up paying on it for a few months by using a credit card than it won’t be a bargain. Try to plan ahead, and save up your money so you can pay cash for the items.
Good luck, and happy bargain hunting!