5 Smart Ways To Shop And Still Save Big After The Holidays

Posted on Friday 08 January 2016


While you probably feel all "shopped-out" after the holidays, you may be surprised that this time of year is a great time to keep shopping… if you want to save that is. We understand if you couldn’t bear the Boxing Day Sales, but even as we go through January, there are great discounts to be found. Especially in the electronics section.

Unfortunately, this time is not the best a discount on your insurance.

In fact, retailers want to move that old winter merchandise, so many are cutting prices to 75% at this time of the year.

While it may seem frivolous, taking advantage of holiday sales is one of the smartest money moves you can make. Purchases should be planned (no impulse buys), so it’s important to research the products you want by reading online reviews and comparing the sale price to the original price.

You will start to notice a trend of what items go on sale when, and believe it or not the post-Christmas sales are usually even bigger than Black Friday.

If you’re in the market for new electronics that’s a good place to start- these are usually very expensive, but are also likely to be marked down massively. The discounts can be so high that you could even ultimately save money by borrowing from My Canada Payday to take advantage of these deals.

January and February are a great time for Canadians to get out there and find some deals, but keep an eye out for sales after every major holiday.

Once you start recognizing the pattern of sales, you’ll be able to spend some money to save some money. Follow these tips to save some money in the shops this January:

  1. The absolute best time to buy electronics such as: laptops, tablets, desktops and phones is in February. Mark it on your calendar and make a list. If Tommy was too young for something so advanced this year, he just might be ready next year.
  2. While they’re not usually super expensive, post-Christmas is a great time to stock up on bath and body care items for the rest of the year. Retail stores like Bath & Body Works usually offer huge discounts on soaps, lotions, body butters, candles and more (right before the prices go up for Valentine’s Day).
  3. You probably accumulated a lot of stuff over the holidays, so you’ll surely need somewhere to store it. Storage items are often up to 50% off after the holidays, and are the perfect way to organize your festive decorations (or anything else you want to keep out of sight).
  4. Of course, the sales extend far beyond retail… online shopping is often the best way to find the biggest deals after the holidays. From homewares to clothing to fitness accessories, you could save up to 65% by shopping online. Plus, by shopping remotely you have the advantage of comparing retailers quickly and easily to really make sure you have the best deal.
  5. It’s probably the biggest purchase you’ll make, so you should absolutely look for deals when shopping for a new car. The best time to buy is actually the end of the year, so it is definitely a good idea to plan ahead and take advantage of reduced rates. Plus, it gives you some time to save!

These tips are simple yet effective ways to save money on items that you would be buying anyway. If you can avoid the allure of impulse buys, shopping in the sales is a smart financial move that will save you money later in the year (and for years to come!)