5 Things You Shouldn’t Buy on Black Friday
Savvy buyers know Black Friday can be one of the best days of the year to find terrific bargains, but not all items are such great deals. In order to better your experience on that infamous shopping day, here are some things you may want to avoid purchasing, along with when you may be able to score the best deals on them.
This may be surprising, but most toys will get cheaper as the holidays approach. In fact, the 14-day range before Christmas is often the best time to get a sizable deal, sometimes as much as 50 percent off. Unless you’re afraid this year’s trendy toy-du-jour will sell out, wait a few weeks to buy it.
Jewelry and Watches
Retailers know that guys turn to these stand-by gifts in droves, and they jack up the prices accordingly. Just as an FYI, the best time to buy that sparkly ring or pretty timepiece is between March and October — i.e., after Valentine’s Day and before the holiday rush.
Yes, you’ll absolutely see some amazing deals on TVs come Black Friday, but they’re usually on off-brands. Wait a bit longer if you want a premium name. Last year, TV prices overall hit their low for the year during the month of December.
As any good bargain shopper will tell you, the best time to score cheap holiday decorations is in January. That said, you can still get some great deals to deck this year’s halls if you hold off until the Monday after Thanksgiving — dubbed Cyber Monday — and shop online instead.
Coats and Winter Clothes
Lots of retailers will offer coupons on Black Friday, but if you use them on full-price items, they may not make for much of a deal. Use them instead on sale items for the biggest discounts, or wait until January when many stores will have deep mark-downs exceeding the discounts seen with a coupon during the holidays.