Today’s savings tip: Identify key shopping/sales times (of the week, month, and year).
Weekly: Check with your local grocer often or make friends with one of the managers to find out when they do their markdowns. By going on the day they mark things down in the produce, meat, and dairy departments, you can get items for less while they still have a little life in them. I have noticed that our local Super Target puts high value coupons on their meats on Tuesdays and Wednesdays and I have found some great bargains by shopping on these days. I found this schedule for weekly markdowns at Target:
MONDAY- Kids clothes, electronics TUESDAY- Women’s clothes, domestics WEDNESDAY- Men’s clothes, toys, health and beauty THURSDAY- Lingerie, shoes, housewares, sporting goods FRIDAY- Cosmetics, hardware, auto, jewelry
Keep in mind that you may need to shop later in the day or the next morning for the items you are looking for in order to get the deals before they are all gone. Also, once you know an item has been put on the clearance rack, you know what day to go back to see if it is marked down even more (if you are waiting for the rock bottom price).
Monthly: Some major big box stores have markdowns on seasonal items almost monthly. By watching your local store closely, you can figure out when they usually do their markdowns on clearance items. Shop these stores at those times and you can save yourself some serious cash.
Yearly: Knowing what time of year retailers are clearing out their inventory to make room for more stock will help you to get some savings off of major ticket items. Stores have typical months of the year where you can find specific items on sale. Here is an abbreviated list:
January: linens, small home appliances, holiday/fall seasonal, workout items, baby supplies/items
February: jewelry, perfume, small gift items
March: spring fashions, luggage, gardening supplies
April: bridal gowns, paint, garden supplies
May: home maintenance items (for spring cleaning), small gift items
June: fishing and camping gear, building materials
July: school supplies, school clothing (some states have a tax holiday for these items), sports equipment, baby supplies/items, toys
August: summer clothing, school supplies, lawn and garden items
September: outdoor items (grills, gardening supplies, furniture)
October: cars, appliances, toys
November: blankets and quilts, heating devices
December: Fall clothing, gifts, seasonal items
By knowing these key times to shop, you can cut down your bills by quite a bit.