The easiest way to save money is to know the best time to buy the things you need and want. By timing your purchases wisely you can save hundreds, even thousands, of dollars each year!
Improving your financial situation doesn't have to mean earning more money. You can substantially improve your financial well-being by simply holding onto more of your dollars.
Why Does Purchase Timing Matter?
While there are a lot of different ways to get good deals, over time I've realized the most important element. When it comes to scoring deals, it turns out timing is everything.
We all know that the best time to buy items for any holiday are immediately after the holiday is over because it's immediately out-of-date and the store wants to get those Halloween supplies out of there so they can start setting up for Christmas (is anyone else upset over the fact that Thanksgiving gets completely overlooked?). And of course, almost everything is on sale in January because everyone is too broke to shop.
So, if you can figure out when products are the most difficult for stores to unload their leftover inventory, you can find some amazing deals!
When is the Best Time to Buy?
Some cyclical discounts aren't entirely obvious. For example, did you know that March is National Frozen Food Month? I promise you I am not making that up. It's a thing. And a big thing.
And inexplicably, while you will score your best deals on china (the dishes, not the country) in January, you need to hold off until October to get the best deal on your silverware.
I'm kind of a nerd and actually enjoy reading consumer strategy books in my downtime. And as a blogger, I spend a lot of time on the internet. So, I've found and compared dozens of “what to buy when” charts. Here's everything I learned summed up in a handy printable chart:
When During the Week is the Best Time to Buy?
As a reward for those of you who actually committed to reading the entire article, here's a bonus section to let you know which days of the week are best for buying certain items.
Airline tickets: Tuesday, Wednesday & Saturday
Appliances: Sundays and major holidays
Computers, TVs, cameras, video games: Mondays
Gas: Wednesday or Thursday
Museums & Amusement Parks: mid-week