Shopping can be tiring. Shopping can especially be difficult when prices seem to go up and down with no logic behind the rises and falls. However, with a little market analysis, knowing when to buy certain items can seriously impact the amount you can save in making life decisions about purchasing. In general, a good rule of thumb is to look for the peak season, then think outside the box.
First Quarter: January-March
The dead of winter is, predictably, the best time to buy a boat. Since it’s the off season for all boating activities, think ahead; if you know you’ll want a boat come summer, winter is a great time to snag last season’s model. Planning ahead is a great way to save thousands of dollars, which can be important on a luxury purchase like a boat.
Another huge purchase to spend money on in the winter is the venue and supplies for a wedding. Winter is the least popular time to get married, especially in cold climates. However, if you can make it work, you can save a great deal, likely more than to save 15% off any order of $100 or more + free shipping.
Second Quarter: April-June
One surprising item that’s great to buy in the second quarter is televisions. While this is not a huge shopping time in America, March is the end of the fiscal year in Japan, the leading manufacturer of high-end televisions in today’s market. This is usually cheaper even than buying at the traditional Superbowl sales for televisions.
While a new TV may be a high-end purchase, there are other things to buy in the second quarter that are significantly cheaper. For example, this is the largest time of year that most people are doing spring cleaning. This may not sound very important, but after spring cleaning many Americans traditionally take old clothes that no longer fit (but may otherwise be in excellent condition) to thrift stores. Provided that you’re willing to shop secondhand, this can be a great opportunity to completely revamp your wardrobe.
Third Quarter: July-September
The most important thing to keep in mind for the third quarter is the school schedule in your area. Most big stores have huge sales on back-to-school items, but don’t stop thinking at notebooks and pens. College students are also going off to school for the first time, which means
big sales on lower-end furniture, bedding, storage containers, and office/dorm supplies. Intel and AMD are two brands of computer that also offer huge sales around this time of year.
Fourth Quarter: October-December
The fourth quarter offers big deals on almost every product under the sun, courtesy of the approaching Christmas season. This traditionally offers great deals on cookware, cameras, grills, and toys. Another hot ticket item to buy in the fourth quarter is a car. The newest models come out at the end of the year, which means that the previous year’s models are offered at much lower prices than they have been at any time previously.
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.