December 24, 2019

It's the day before Christmas and let me wish you all a Very Merry Christmas!

Now I want to save you some money! You might think the best deals are on Black Friday and Cyber Monday but studies show the BEST day for the biggest deals is the day and week AFTER Christmas.

So waiting out the frenzy of Christmas sales could actually save you a lot of money. Below is a list of items, from Investopedia, that are almost always less expensive after December 25th.

Be Well,
Anisa

As always please reply with your thoughts and comments.
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Winter Clothing...

When new winter clothing hits the shelves it is priced at the top of the range and barely works its way down as winter arrives. Savvy shopper Carrie Rocha advises you to plan a year ahead to save on winter clothing. "after Christmas thru January is the time of year when retailers turn over their merchandise for the new season. That makes it a great time to buy next year's winter gear for you and your kids." Children can pose a challenge if they hit a particularly large growth spurt, but parents are usually safe buying the next size up.

Toys and Small Gifts...

When Christmas is over, retailers are left with excess stock of cosmetic sets, toys, spa gift baskets and much more. These items are quickly moved to the clearance bin to make room for regular merchandise again. "I watch for toy clearances at 70% off or more and then buy toys for my kids' birthdays and to keep on hand for the birthdays of cousins and school friends," says Rocha. "I pick up a supply of adult gifts for unexpected occasions as well."

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Decorations...

Like winter clothing, decorations and other Christmas paraphernalia doesn't budge much in price until the big day is over. Crystal Paine of MoneySavingMom.com says, "Christmas trees, lights, decor, wrapping paper and more will all be 50 to 75% off within a few weeks after Christmas. Buying ahead for next year will save you a bundle."

Fitness Products...

The fitness industry runs contrary to the logic of charging higher prices during periods of high demand. That's because the demand for fitness goods after Christmas is fragile in that it hinges on one tradition. "Most people make New Year's resolutions to get in shape and lose weight." Paine explains, "The stores and gyms know this and they capitalize upon everyone's great intentions by running sales on fitness equipment, DVDs and gym memberships after the first of the year."

Although everything from exercise balls to treadmills can be bought cheap in the new year, there are even bigger deals in the used market. "If you can hold off for a few more months, you can usually find killer deals on Craigslist and at garage sales on almost-new fitness equipment that people purchased at the beginning of the year and then never ended up using." Paine said.

Consumer Electronics...

"Black Friday can have some great electronic deals," says Elledge, "but you can find sales that are just as good or better after the New Year. The International Consumer Electronics Show takes place every January and showcases new items and model. Retailers know these new models are on the way, so they want to unload last year's models and free up shelf space."

In Closing...

This style of shopping might mean that you will be waiting longer for a particular item, but the money you save on that product will make the wait worthwhile.