January begins with a bang, but there are no major shopping holidays once the new year begins. Of course, you can still pick up great bargains this month or find that you’ve overpaid for something when its price drops right after you’ve purchased it. Here’s what to buy and what to skip in January.
Buy: Winter Clothing
Prices start dropping on all winter apparel this month to make room for the incoming new spring line. You can pick up warm-weather wear discounted by as much as 85% and still have time to enjoy it this season.
Skip: Spring Clothing
With new spring wear dropping, prices are at their highest, so don’t plan on picking out a springtime wardrobe just yet. You’ll see spring clothing discounts in April. And, as the season deepens, so do the deals.
Buy: Fitness Gear
The new year is here, and it’s time to make good on that fitness resolution. Retailers know this, so they slash prices on yoga mats, fitness balls, resistance bands, weights, and more. Shop multiple retailers to score the best deals.
Skip: Mattresses
Is your deep winter sleep getting disrupted nightly by a lumpy mattress? Hold off a little longer before springing for a new one. Online and brick-and-mortar mattress retailers will drop prices on their merchandise by as much as 60% next month during Presidents Day sale events.
Buy: Linens & Soft Goods
The first month of the year is famous for its white sales, with soft home goods, like blankets and pillows, seeing discounts as deep as 70%.
Skip: Snow Gear
While winter apparel has slashed prices this month, snow gear, which includes skis, skates, and snowshoes, retails at full price until the end of the season. Wait just a few more months for steep discounts on all things snow.
Buy: TVs
The football post-season is the perfect time to upgrade your flatscreen. Retailers compete for your business and offer promotions on their TVs with discounts rivaling those on Black Friday.
Skip: A New Car
If you’re shopping for a new car, don’t purchase in January. According to Edmunds.com, January is the least discounted month of the year for car prices.
Buy: Holiday Decor
The bargain-priced holiday leftovers you found on the shelves at the end of December are selling at even lower prices this month. Start next year’s holiday prep by stocking up on wrapping paper, decor, and more.
