It's May - anything on your shopping list? If you're shopping for a mattress, a vacuum, or a refrigerator, just to name a few things - you're in luck because this is the best time of year to score a deal. Here's the scoop on the best bargains in May:
It's wedding season and graduation season. So it makes perfect sense that it would also be cookware sales season.
Carpet Expert Alan Fletcher recommends shopping for carpet between May 15th and June 10th - one of the slow periods for carpet sales. When things are slow - it's a good time to negotiate a better deal.
Where to look: your best bet is a local carpet store (ask your neighbors for recommendations). Most large home improvement stores (like Lowes, Home Depot, Costco) also sell carpet but be aware that they typically use subcontractors for installation.
New models of vacuum cleaners are typically unveiled in June so retailers often lower prices in May to clear their shelves and make room for the new ones.
Major manufacturers generally introduce new models in June so they lower prices on last year's model to make room. If you're more interested in the latest, greatest fridge features than price, hold off until summer.
Mattresses tend to go on sale around 3-day weekends so look for sales in late May particularly over Memorial Day weekend.
Memorial Day Sales
Retailers love to plan sales around holidays so if you know you need or really want to buy something in May, it's a smart plan to wait for Memorial Day sales to see if the price drops. And note that many retailers start their Memorial Day sales days or even weeks ahead of the 3-day weekend. What goes on sale? Furniture, clothing, mattresses (see above), tech, travel and lots more.
Where to look: a good strategy is to sign up for your favorite stores' emails to get notified of sales
Renting an Apartment or House
May is the start of moving season, especially in college towns and cities that are heavily influenced by the college calendar. Similar to thrift stores above, you may not find better prices on rentals this month (in fact you may have more competition), but their will be more inventory for you to choose from.
→ Check out our Flipboard Magazine, All the Right Moves: Tips for Making a Moving While Keeping Your Sanity
Thrift & Consignment Shops
We've just passed prime Spring Cleaning time and that means a lot of people undertook decluttering and overhauling their belongings and donating things to thrift stores or listing them with consignment shops. These shops aren't necessarily having sales, but their inventory will be brimming with goodies.