The holidays are finally winding down. The last of the leftovers have been eaten, the decorations are coming down and the bills are starting to roll in. As tempting as it may be to put spending on hold after the gift-giving season, financial experts say the days right after Christmas are actually the perfect time to make certain purchases if you want to save big.
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Read on for the top items to buy as soon as the holiday hubbub fades. With the right strategy, you can take advantage of post-holiday sales, discounts and clearance pricing to get things you’ll use all year long for a fraction of the regular cost.
Winter Clothes
The frigid temps of January and February are right around the corner, but you can prep your winter wardrobe on the cheap if you shop the post-Christmas sales.
“Winter clothing is the first choice shoppers may choose to purchase after Christmas,” said Joseph Morgan, money-saving expert at CouponBirds. “Retailers will clear the winter clothing inventory with big discounts when new spring fashion arrives in stores. Consumers should shop for cold-weather clothing in January or February because jackets and winter clothing will be discounted up to 50% during this period.”
Stocking up on discounted cold weather gear shortly after the holidays ends allows you to get the essentials you need for the remainder of winter at the best possible prices.
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Furniture
“Furniture is another category that smart shoppers should consider buying after Christmas,” said Morgan. “According to research conducted by CouponBirds, the best time to buy furniture is February because it is the time for shelving new models, and the average discount could be 20% [or more].”
Retailers are clearing out inventory to make room for new models arriving in the spring. But the furniture discounts actually start immediately following Christmas. Retailers begin offering sales on furniture in late December to motivate post-holiday spending. Discounts may not be quite as steep as in February, but you can still save a substantial amount on furniture purchases made right after Christmas.
Wrapping Paper and Supplies
Shopping for wrapping paper, ribbons, gift bags, bows and gift boxes the week after Christmas lets you save big on supplies for birthdays, weddings, baby showers and other occasions throughout the next year.
“The best time to buy wrapping paper, ribbons and bows is the day after Christmas,” said Morgan. “Retailers will offer clearance on Christmas decor including Christmas trees, bells, candles, wreaths, wrapping paper, etc. The wrapping paper, ribbons and bows without Christmas motifs can be used any time of the year. You can pack up a Valentine’s gift for your lover or a birthday gift for your friends with the decorative paper. ”