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With the holiday season finally over, shopping might be the last thing on your mind this month. However, thrifty spenders know that January is one of the best months of the year to shop, depending on what you’re looking for. If you want to start the new year with some stellar savings, here are the best things you should look to buy in January!
1. Exercise Equipment
One of the most common New Year’s Resolutions is to kick those bad habits, hit the gym, or finally get a Peleton bike to start getting in shape. Whether to get your heart rate pumping and your blood pressure up, exercising is always a good idea for weight loss or overall physical fitness. To help you reach that goal, sporting goods stores like Modell’s and Dick’s Sporting Goods usually offer great deals in January.
2. Holiday Decorations
I know what you’re probably thinking. You just finished taking down this year’s holiday ornaments; why on earth would you even think about getting more? Discounts, that’s why!
After Christmas and New Year’s, stores like Macy’s, Walmart, and Hallmark drastically slash the prices of their leftover Christmas decor. That means you can get everything you need for December, sometimes up to 80 percent off! Of course, you won’t get to take advantage of anything you buy until next December, but this is a thrifty long-term move if you want some new decorations.
3. Bedding
January is not a great month to buy a new mattress, but bedding is at its cheapest this month. Most stores have “White Sales,” meaning stores offer their best deals on sheets, linens, towels, and more in January. Nearly every major department store (and Amazon, of course) sells sheets for 50-80 percent off, so make sure to get those deals!
4. A Spring Vacation
There’s no better way to escape the coldest and snowiest months of the year than to plan a vacation in the springtime. Like most industries, travel companies see a significant slowdown after the holidays, meaning prices drop and value skyrocket.
Airfare is typically much cheaper if you book on websites like Expedia or Priceline in January. You probably won’t find an affordable getaway for this month, but you can book a spring trip in advance at a discount.
5. A Television
This year’s upcoming Super Bowl is on February 13th, meaning the end of January will feature some fantastic TV deals. January is the time to buy if you’re looking for a significant upgrade in TV size, quality, or capability. Keep an eye out for special deals as the month closes, and nab a new flat screen for up to 30 percent off (your wallet will thank you!)
6. Suits
While nearly all dress clothes will be discounted in January, you can also find great deals on suits. After people scramble to dress to the nines around the holidays, retailers see sales slow down in the new year. Clothing stores usually mark suits and other dress items to make up for lost business. This could be a great opportunity to get a new suit for your brother’s wedding, for cheap!
Be sure to note the original price of any new suit you buy. As with any time of year, you get the quality you pay for, but buying in January means getting a suit that can last you years for less!
7. Video Games
New video games typically cost about $60 per game, depending on the console, but you can usually find substantial discounts in January. Many games are released later in the year to capitalize on the holiday season. This means they’re not as new and more likely to be marked down by January.
Plus, waiting a few weeks after the holidays increases the odds that people will return games they don’t want. That means you can get an essentially brand-new game at the discounted, “used” price. However, stay away from consoles (like the Nintendo Switch), which you’ll find better deals on later in the year.
8. Furniture
Manufacturers usually roll out new furniture in February each year, meaning the old inventory must be gone by the end of January. By picking up new furniture in January, you’re likely to get significant savings as retailers are desperate to sell. You can also pick up patio and outdoor furniture for cheap since most people aren’t likely to shop for it until the summer.
If you’re considering buying anything on this list, January is most certainly the best time to make the purchase!
Read More: 4 Ways To Keep Your Financial New Year Resolutions
