Hang Onto Your Cash and Don’t Buy These Things in May
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Time to stop making it rain 💸
April showers have come and gone, so you don’t need to keep makin’ it rain with your cash. Based on sales cycles and trends, there are some things that just aren’t worth purchasing until you can get the best price for them. Save your hard-earned cash when you don’t buy these things in May.
The snow is melting, the ground is thawing, and you might be taking a look at your backyard with aspirations of finally getting that pool you’ve been dreaming of. Well, dream a little bit longer – that is, if you want to save some money. The pool industry knows that demand starts right around this time, which means there’s not a real incentive to slash installation and material prices. Consider waiting until the end of the season when interest in swimming pools decline.
Traditional Mother’s Day gifts
This goes for flowers, especially. Sure you might see sales, but be warned that the retail price could be inflated to make the sale seem like a steal. Try out some non-floral ideas like personalized gifts or a basket of her favorite self-care luxuries.
Hip Tip: Try out this cute Mother’s Day DIY using vases from the Dollar Tree!
You may find a sale or two here and there (just to get people excited about the warm weather approaching). The real steals come at the end of the season, around September and October, when retailers want to move the models that didn’t get purchased during the summer.
This made the list for the same reason I said you shouldn’t buy spring apparel in March: it’s too new to the sales floor! You’ll definitely see a few sales surrounding Memorial Day weekend, but the real savings won’t happen until August or September when all the merch is getting clearanced out to make room for back to school shopping.
Hip Tip: Get the luxe look for less with these affordable designer look-alike accessories!
If you’ve already read What to Buy In May, you’re probably a little stumped since refrigerators were a suggested buy. Unfortunately, they’re the only exception to this rule since sales trends show that September and October boast more markdowns on other major appliances. The reason: New models of ovens, dishwashers, and washing machines and dryers are making their way to showroom during this time.
Written by Emily for Hip2Save. Emily lives in Buffalo, NY where she spends her time drinking lots of coffee, scouring the internet for deals, and tackling DIY projects. She’s a big believer in self-care and living the fullest life possible, all while saving money of course.