I’ve never been a fan of Black Friday. Instead, I wait until all the holiday hubbub is over to find the best deals.
It’s no secret that there are usually a ton of sales this time of year. Stores that overstocked for the holidays are trying to make room for new inventory by dropping their prices.
However, I generally avoid big ticket items in the days after Christmas. Why? I’ve found that prices fall even further in the bleak retail month of February. You may see sales on big ticket items right after Christmas, but the prices are nowhere near rock bottom. Retailers are counting on post-Christmas shoppers with gift cards to spend.
If you’re planning on dropping a big chuck of change, even if it is holiday gift money you’re spending, do yourself a favor and wait a couple months.
Smaller electronics and appliances that were overstocked for Christmas like DVD players, computers, and small kitchen appliances are likely to have big discounts this week. If you’ve been in the market for these items, now may be the best time to buy. Make sure you do your homework, though. Just because the deal looks good doesn’t mean it’s the best deal out there.
And don’t forget, now is definitely the time to shop for the holidays next year. We didn’t buy any holiday decorations this year, because we bought them last year at drastically lower prices (about 75% off). Then we threw them into storage to use this Christmas.
Look for holiday decorations, greeting cards, scented candles, artificial trees if it’s time to replace yours, and other holiday items that retailers are practically giving away. Now is also the best time to pick up calendars for next year. But hurry! The best items never stay in stock for long after the holidays are over.