You will find deals on plenty of items in May, especially at the end of the month when retailers have Memorial Day sales. Usually these sales feature some of the best discounts on apparel and home goods of the year. Here’s what other items will be great buys in May -- and what you should wait a little longer to buy, according to dealnews.com, which analyzes deals from past years to predict what will be discounted this year.
Clothing. Retailers discount spring apparel by as much as 75% this month. Hold out until Memorial Day sales, though, for the best deals. Look for coupons to help lower the price even more on Memorial Day sale items.
Gym memberships. As the weather heats up and people head outside to exercise, gyms often have promotions to lure customers back inside. They usually offer discounts on initiation fees or the first few months of membership. But dealnews.com recommends haggling to get even more discounts.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
HDTVs. Brand-name 60-inch LCD HDTVs are now about $50 cheaper, on average, than off-brand versions. Prices on name-brand models are near $700. You also can find name-brand 55-inch 3D HDTVs for $750 to $799 and the off-brand Coby HDTV at an all-time low of $649.
What a little longer to buy ...
Gaming consoles. Dealnews.com reports that it's a bad time to buy a PlayStation 3 or Xbox 360 because new versions of both will be released soon. Prices on the current systems will likely drop after the Electronic Entertainment Expo in June. According to dealnews.com, Microsoft may even cut the price of the Xbox 360 to $99.
Video games. The price of Xbox and PlayStation games might also drop when new versions of the consoles are announced because there's a chance that the current games might not run on the new systems, according to dealnews.com.
What not to buy...
Jewelry. You should consider buying your mom or wife something other than jewelry for Mother's Day because prices spike before this holiday (and you won't find deals after it).
-
Stock Market Today: Stocks Rally Despite Rising Geopolitical TensionThe main indexes were mixed on Tuesday but closed well off their lows after an early flight to safety.
-
What's at Stake for Alphabet as DOJ Eyes Google's ChromeAlphabet is higher Tuesday even as antitrust officials at the DOJ support forcing Google to sell its popular web browser. Here's what you need to know.
-
Five Reasons You Shouldn't Shop on Amazon Prime DaySmart Buying Think twice before getting lured into buying a bunch of stuff you don't need just because it's on sale.
-
Five Ways to Save on Vacation Rental PropertiesTravel Use these strategies to pay less for an apartment, condo or house when you travel.
-
How to Avoid Annoying Hotel Fees: Per Person, Parking and MoreTravel Here's how to avoid extra charges and make sure you don't get stuck paying for amenities that you don't use.
-
Best Cash Back Credit Cards November 2024Smart Buying Trying to compare the best cash back credit cards? Unlike most reviewers, we include cards from small banks and credit unions, as well as from large issuers.
-
How to Spend $1,000: Find Cheap (or Free) Online Courses to Build Career SkillsSmart Buying There's a huge array of skill-building online courses that can level up your career for under $1,000.
-
MoviePass is Relaunching. Should You Sign Up?Smart Buying The subscription discount movie card company has a checkered past and an army of disillusioned former cardholders. If you want to try the reboot, you’ll need to hurry.
-
HBO Max Is Offering Huge DiscountsSmart Buying Looking for a streaming service deal? Warner Bros. Discovery is cutting the price of HBO Max.
-
Are You Streaming Too Much? What the Discovery+/HBO Max Mashup MeansSmart Buying Fewer original scripted series? Maybe. And maybe it’s time to unsubscribe.
