The next 31 days will bring discounts on appliances and apparel. To help you find the savings, we created a guide for what you should buy (and a few things you should skip) during the month of May. Buy: Furniture and appliancesMay is a prime time for making major home-related purchases. That’s because Memorial Day sales are packed with markdowns on indoor furniture, patio furniture, appliances and mattresses. Some prices are automatically reduced, but other sales require shoppers to use a coupon code at checkout or complete a rebate. Be sure to check the terms of the deals you find. This year, Memorial Day is May 27, but sales often begin at least a week earlier. Maytag will feature the May Is Maytag Month promotion again, running from May 2 through June 5. Shoppers can get up to a $700 rebate in the form of a prepaid card by mail with purchase of select Maytag appliances at participating brand retailers. Skip: Home electronicsWe suggest making electronics purchases in November, when prices on laptops, tablets, gaming consoles and other electronics are usually at their lowest, thanks to Black Friday sales. If you can’t wait until the day after Thanksgiving, July is just around the corner. In past years, retailers such as Amazon and Best Buy have hosted Black Friday in July sales with electronics discounts that rival Black Friday prices. After that, August will bring back-to-school electronics deals. Buy: Wedding registry giftsWhile you’re outfitting your home with a new sofa, chair or table at Memorial Day sales, check out coffee makers, blenders and other small kitchen appliances, too. In the past, department stores such as Macy’s and J.C. Penney, as well as home and kitchen specialty stores like Bed Bath & Beyond, have offered savings on kitchen essentials. If you’re not shopping for yourself, now would be a good time to buy a household gift from a registry ahead of the summer wedding season. Skip: Swimwear and lingerieVictoria’s Secret sets the schedule for swimwear and lingerie deals, and May is one month too early for steep savings. That’s because the store’s Semi-Annual Sale traditionally happens each June, and other retailers follow suit. In June 2018, Victoria’s Secret dished out discounts of up to 60% off almost 2,000 styles. Hold out a little while longer for similar savings again this year. Follow the retailer on social media and sign up for the store’s mailing list for announcements about the exact dates of the sale. Buy: Spring apparelClothing sales are a given each May. Now that warm-weather styles have been in stores for a few months, you can expect retailers to bring down prices. Our best advice for finding these deals? First, check retailers’ sale sections or clearance racks both in store and online. Then, register for your favorite clothing store’s email list, which could mean exclusive deals. Finally, fill your cart with sale-priced shirts and shorts while you’re getting that KitchenAid mixer and coffee table on Memorial Day. Can’t wait until the end of the month? Stores such as Old Navy and American Eagle Outfitters have apparel sales right now. Bonus: Free food daysEvery month is home to some sort of national food observance, and May is no exception. Mark your calendar for the following dates, which are likely to include deals and freebies: National Buttermilk Biscuit Day on May 14 and National Hamburger Day on May 28. Most freebies are announced and shared via social media. Courtney Jespersen is a writer at NerdWallet. Email: courtney@nerdwallet.com. Twitter: @CourtneyNerd. MAKING AND STICKING TO A BUDGET IS ONE OF THE BEST AND EASIEST WAYS TO KEEP TRACK OF YOUR MONEY. DECREASE HOW OFTEN YOUR FAMILY GETS “STRESSED OUT” ABOUT MONEY WITH OUR FREE EBOOK "EVERY BUDGET YOU'LL EVER NEED". GET YOUR FREE DOWNLOAD HERE. |
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