Can you believe it's October already? You know what that means: Holidays are right around the corner.
So it's probably time to start thinking about buying gifts for everyone on your shopping list. While you're at it, you might even want to pick something up for yourself to make up for that inevitable clunker of a gift you're sure to receive.
But if you're looking to get the best deals this holiday season, you need a plan. And that plan should include waiting to buy certain things, as October just isn't the right time to do it.
Stay away from these items in October
Probably the category that you want to avoid the most in October is electronics. Items like TVs, laptops and tablets will typically be overpriced this month. Unless, of course, you find a really big unsuspected sale.
Since we've already missed out on the back-to-school and Labor Day sales, prices on these products won't be discounted now. It's better to wait a while.
Most of the time, you'll find better prices on electronics during the massive Black Friday and Cyber Monday sales. But you really need to be on your game for those; doorbusters fly off the shelves uber fast.
Another section you want to stay away from in October is appliances. Black Friday is the best time to get the great deals on these.
If you need a new fridge, there's a good chance they'll be marked down close to 40-percent on Black Friday. Cool!
If you're thinking about giving that special someone in your life a new pair of earrings, or a necklace, don't buy it now. Jewelry is always less expensive in the beginning of December. Since holidays are special for loved ones, most retailers will discount jewelry when they get closer.
Now is actually a good time to buy this
There is one big-ticket item that is actually a good time to buy in October. We're talking about a new vehicle.
Dealerships have been trying to get rid of last year's inventory for a couple months now, so 2018 models are ripe for the picking.
Wouldn't that shiny new car be a great way to deliver all those gifts when it's time to hand them out? Happy shopping!
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