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If you are like most people, you may not have noticed that there is a trend and that sales cycle around like seasons. I’m not just talking about seasonal produce, I’m also talking about big ticket products. Things like televisions, furniture, charcoal grills and camping gear.
When is the best time to buy furniture?
When is the best time to buy a washing machine?
Every month has a dedicated theme and similar products on sale. It’s like clockwork and once you learn the cycles, you can maximize your savings.
You’ll see low prices and fancy words like rebates, special financing and “lowest priced events” tossed around a lot.
[Related] The truth about rebates and how they can HURT your budget.
Knowing when it’s truly a good deal or when it’s just a marketing ploy is a skill that comes with time and knowledge.
The best thing you can do for your budget is to learn these trends and only buy things when they are on sale. Usually these monthly sales are the lowest prices you’ll see on bigger ticket items all year long.
If you can wait, budget and be prepared for these sale cycles, your big ticket expenses can be made in a smart way. Saving you tons of money in the process.
[Related] How to make a budget
You can also plan for these sales with use of a sinking fund
[Related] A complete beginners guide to sinking funds
While you may not know what the prices for sale items will be, you can still get a general idea using normal sale and retail prices.
Determine how much money you’d like to have set aside before the sales on big items start, and divide that by the amount of paychecks that you have between now and then. This helps you to be ready for the sales and not hurt your budget!
Here’s some examples of things you can expect to see, month by month.
Click on which month you’d like to view to see what is on sale and what you can expect to see during that month.
Sales Cycle by month: