The holidays are almost over, but surprisingly, many deals are just beginning. Post-holiday sales are very common and taking advantage of these savings is a great way to start the New Year. Here’s what you need to know to ensure you get the best deals.
Links:
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.
The first deal you should look out for is for anything that is seasonal, or holiday related. For example, holiday decorations. You will probably be taking down your holiday decorations soon, or maybe you already have, so it’s way too early to put them back up. However, buying holiday decorations now is a great way to save money. Stores want to get rid of their holiday decoration stock so there will be plenty of good deals out there on all kinds of holiday items. It’s the perfect time to replace any festive lights that may have gone out or even buy yourself a new artificial tree for next year.
Seasonal and holiday related food will also go on sale. Certain brands, especially candy, will usually offer limited supplies of festive themed food. Deals like these can be found wherever you buy groceries. Just make sure to check the expiration date first, as you don’t want to buy too much and not be able to eat it all before it goes bad.
Holiday themed wrapping paper, cards, and gift bags will also go on sale. Before you grab these deals, try and remember how much wrapping paper you used this past season and take inventory of what you have left. That way, you have a rough estimate of how much you will need for next year. What you don’t need is an over-abundance of holiday themed wrapping paper that you only use once a year.
Another deal you should look for during post-holiday sales is on winter clothes. In January, retailers turn over their merchandise, which means that winter clothing will go on sale or clearance to make room for next season’s clothing.
The next deal to look for is anything fitness related. One of the most common New Year’s resolutions is to exercise more, and retailers will take advantage of this by offering great sales. Exercise equipment, clothing, and more will be on sale to help people become healthier in the new year. You will definitely be able to find a discounted rate on gym memberships, so if you don’t have the space for exercise equipment, you can go there instead.
The final deal you should look out for is on toys and games. Stores will often overstock these products in preparation for holiday shopping.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org and don't forget to like and follow our Making Money Personal Facebook to share your thoughts. Don’t forget to look for our sponsor, Triangle Credit Union on Facebook and LinkedIn.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Episode 39: Credit Unions: Their Movement, Mission & Impact - with Cortney Angeley
Credit Card Controls for Holiday Travel - Money Tip Tuesday
What‘s a Credit Card Balance Transfer? - Money Tip Tuesday
Money Tools for Financial Success with CEO Scott MacKnight - Money Tip Tuesday
Episode 38: What You Should Know About Annuities - Eric Cooper and Brian Luce from Triangle Financial Group
Episode 37: When is the Right Time to Refinance? Ryan Campbell, Mortgage Originator
Popular Financial Books For Your Reading List - Money Tip Tuesday
Christmas Planning Tips - Money Tip Tuesday
Tips to Avoid Financial Stress - Money Tip Tuesday
Tips to Stop Arguing About Money - Money TipTuesday
5 Ways to Improve Your Credit Score - Money Tip Tuesday
Reasons to Refinance Your Auto Loan - Money Tip Tuesday
Tulip Bulbs and Market Bubbles - Money Tip Tuesday
Tips for Managing Your Emergency Fund - Money Tip Tuesday
5 Financial Calculators you Should Try Today - Money Tip Tuesday
Episode 36: Job Searching and Interview Planning in Today‘s Job Market - Kathy Card
Top Budgeting Terms to Know - Money Tip Tuesday
Fraud Prevention: Security Tips for Telehealth Services - Money Tip Tuesday
First Time Homebuyer Seminar - Webinar Recording
How to Use a Home Equity for College Costs - Money Tip Tuesday
Create your
podcast in
minutes
It is Free
Navigating Life After 40
Teaching Learning Leading K-12
Regenerative Skills
The Jordan B. Peterson Podcast
The Mel Robbins Podcast