RICHMOND, Va – Financial expert Phil Umansky was in the studio to help you make make a financial plan for big purchases this year. He tells us what month is best for buying everything from grills to personal electronics.
These are Phil’s recommendations:
The following is not intended to be an all-inclusive list but a sample
January—Fitness Equipment and White Sales (Towel, Linens, Sheets, Blankets, etc.), Gym Memberships
February—TVs (Super Bowl) that spill over from January, and on President Day (February 19, 2018) and weekend before, home and apparel goods.
March—Golf Clubs, Grills
April—Jewelry, Vacuums
May—Furniture, Kitchen Appliances (Memorial Day Sales)
June—Lingerie, Gym Memberships
July—Personal Electronics—Best Buy, Amazon
August—Lawn Mowers
September—Appliances, Older Version of Apple Products
October—Outdoor Furniture
November—Tablets and Laptops, Gaming Systems, Home Appliances (Black Friday)
December—Cars (End of Year) (End of any month is better as there is pressure to meet quotas by salespersons)
You can get more tips from Phil at http://www.vscpa.org