[ad_1]
Image Source: Getty Images
Apparently George Washington was a big fan of consumer electronics.
Key Point
- February is one of the toughest months to trade smartphones and computers, as new consumer electronics tend to debut in the spring.
- It may be trendy to shop for spring fashion in February, but it’s also bad for your budget because it’s likely to be the most expensive.
- You can occasionally find deals on used gear, but new fitness equipment may not see much discounts in February.
Most of the time there are best and worst times to buy. Taking your time and making the right purchases at the right time can make a big difference to your personal finances.
Thanks to the holidays (both official and unofficial), February is a great time to shop for TVs, electronics, and more. But it’s also the worst time to buy those three things.
1. Smartphone and PC
February is a great time to buy electronics like TVs and appliances, but it’s actually one of the worst months to buy small appliances like smartphones, tablets and computers. .
why? Because new models tend to debut in the spring. If you wait until the latest iteration hits stores, you’re more likely to find bargains (on both last year’s models and new releases).
Pro tip: When you’re ready to buy the latest smartphone or tablet, consider opening a new credit card a week or two in advance. A $1,000 smartphone could get you comfortable in most or all ways. signup bonus! many no annual fee card A decent bonus with a lower spending requirement makes it a great option.
2. Spring fashion
This is the time when spring fashion stores and social media feeds start to hit. It’s never a good time to shop for fast fashion, but it’s especially expensive to be the first to sport next season’s yarn.
Instead of focusing on spring fashion, plan further ahead. February is a good chance to buy autumn/winter clothes at a low price. Look for well-made pieces with timeless style that will last for years.
3. FITNESS EQUIPMENT AND MEMBERSHIP
One of the most common New Year’s resolutions is to get in shape. Retailers are well aware of this trend, which is why throughout January, they’re running massive sales focused on fitness gear, workout clothes, and gym memberships.
But by February, the sale is over and the gym is full. (In fact, many gyms that’s allYou sell memberships in January knowing people will cancel or not attend after your initial motivation wears off. )
This means that February is often the worst time to do fitness shopping. If you missed the January deals, you might want to wait until the weather clears up. As people get back outdoors and start preparing for swimsuit season, some deals may reappear.
the only exception? When purchasing used equipment. Users who upgraded in January may be willing to let go of their old gear to make room.
February deals to watch
February isn’t the best time to buy anything on your list, but there are other sales to watch. Television, for example, tends to see big sales in his week or two leading up to the Super Bowl.
However, the biggest sales tend to come around President’s Day, which is the third Monday in February (February 20, 2023). President’s Day sales are a great time to buy furniture like mattresses and many major appliances in February.
February is also a good time to look for deals on tax software and services. Most businesses have to send in their tax documents by the end of his January, so businesses are trying to win over early filers with discounts and promotions starting in his February.
WARNING: Best Cash Back Card I’ve Ever Seen Is 0% Introductory APR Until 2024
Using the wrong credit or debit card can cost you a lot of money. Our experts love this top pick with a 0% first-year APR until 2024, an insane cashback rate of up to 5%, and somehow no annual fee.
In fact, this card is so good that even our experts personally use it. Click here to read the full review for free and sign up in just 2 minutes.
read free review
[ad_2]
Source link
