Since the holidays are over in January, you might be thinking more about saving money rather than spending it. January is a great time to get your finances in order and set new goals. But, if you do have some cash to spend, there are several items that are a great deal in January — which means buying them now can save you big bucks in the long run!
7 items that are the best deal in January
1. Bedding & linens
Want to update your bedding? According to Bankrate, as well as Consumer Reports, now is a good time to do it!
In 1878, Philadelphia department store owner and marketing pioneer John Wanamaker found a way to increase foot traffic in his store by creating the infamous “white sale” — kicking off the department store trend to sell bedding and linens at deeply discounted prices in January.
But, make sure you can return the bedding if you have an issue: Only 4 out of 23 queen size sheet sets made it through Consumer Reports’ stringent tests on bedding that lasts. Check out the full report here.
3. Treadmills and elliptical machines
Treadmills and elliptical machines are entering their prime time selling season as people look to get fit in the new year.
Treadmills of course mimic walking or running but allow you to stay indoors, while elliptical machines provide a low-impact cardio workout.
(Clark loves this treadmill desk he purchased a little while back, and it’s a great deal right now too!)
- Be sure to try a machine at the store before buying.
- According to Consumer Reports, you can get a high quality elliptical machine for around $2,000.
- Buying a folding treadmill can save you a lot of space — about six-square-feet!
For more, check out these guides from Consumer Reports:
TVs are heading into their prime time sales season with the upcoming Super Bowl. And when it comes to brands, Clark says it’s not quite as big of a deal as you might think.
“I find that people often way overpay for flatscreens because they think they are hurting themselves if they buy a brand they don’t know much about. But the reality is you hurt yourself more if you pay more for a TV since as prices drop screen size gets larger and capability gets better.”
“So,” he says, “You’re best off going down on brand and up on screen size, or down on brand, keep the same screen size and then keep more money in your pocket.”
RELATED: Clark’s TV buying guide
5. Winter clothing
According to Mark Di Vincenzo, an expert on the best time to buy anything, January is the best time to buy clothes! This month is a great time to buy winter clothing as stores make room for incoming spring styles.
It’s also a great time to stock up on winter coats and jackets. Costco has jackets right now for men, women and kids under $20!
6. Discounted gift cards
Discounted gift cards will be in high inventory this month, due to unwanted gift cards being sold on gift card exchange sites from the holidays. These gift cards can range from big box stores, to clothing retailers, to restaurants.
Check out some of the best gift card exchange sites below!
7. Airline tickets
Deals on airfare are really heating up right now with domestic flight bargains as well as deals on international destinations. Clark says that January is the month to find the best prices on airfare!
“When the weather is bleak in January, this is one of the best times to book air travel. People have tapped out their Christmas budgets, and so while no one is really paying attention, the airlines offer their best deals all year long,” he said on the radio show. “These create a fantastic money-saving opportunity! But you don’t have to travel in January, you just have to buy in January,” he continued.
Two of Clark’s favorite ways to search for good deals on flights include Google.com/flights, and also Kayak.com/explore. But, you’ll want to note that Google Flights does not show Southwest Airlines fares — so in order to take a look at any deals Southwest is offering, you’ll have to go to Southwest.com to check for any deals.
JetBlue, Southwest and Frontier are having some great deals right now on domestic travel, while WOW air, Singapore Air and Norwegian are some other great airlines to check for international travel. See the best travel deals we’ve found here!