What to Buy and What to Skip in October
The holidays are inching closer, but that big shopping frenzy hasn’t quite started yet. There are no big shopping holidays this month, but you can still pick up scary-good deals in October. Here’s what to buy and what to skip this month.
Buy: Jeans
The September sales of jeans will get better in October. Retailers need to eliminate the last remnants of back-to-school sales, and autumn deals on denim will be too good to pass up. So shop your favorite retailers and check out some new ones you thought you couldn’t afford to find incredible savings on jeans this month.
Skip: Winter apparel
Clothing deals will stop at the denim this October, so don’t plan on filling out your winter wardrobe just yet. Warm-weather wear won’t start dropping in price until Thanksgiving at the earliest, and the best markdowns will only appear on shelves around the holidays. The weather is still mild in much of the country during mid-autumn, so there’s no rush to purchase bulkier clothing now. Instead, wait it out a bit to save big bucks.
Buy: Outdoor gear
As the weather cools down and people head indoors, prices on all things outdoor will start dropping. This includes patio furniture, gardening tools, grills, camping gear, and more. Check out online retailers, like Wayfair and Overstock, and look for markdowns at brick-and-mortar locations like Lowe’s and Home Depot. Then, keep your new outdoor items wrapped well and safely stored indoors, so they’re good as new and ready for use at the first sign of spring next year.
Skip: Cleaning supplies
Are you in the market for a new vacuum cleaner? Have you been looking to score a deal on a robot floor cleaner? You’re best off waiting a bit longer until Black Friday. Big-ticket cleaning items will see steep discounts on the year’s biggest shopping day.
Buy: Halloween costumes and decor
As with any holiday, the closer the calendar gets to Halloween, the steeper discounts you’ll see on related paraphernalia. This includes party decor, costumes, yard decorations, candy, and more. If you don’t mind a last-minute costume, you’ll save a ton by shopping for Halloween in October. You can also get a head-start on next year’s costume by shopping the Halloween clearance sales, starting on November 1.
Skip: Electronics
If you’ve been patiently holding out on buying new electronics, wait a bit longer to make your purchase. TVs, gaming consoles, laptops, tablets, and more will drop in price next month at Black Friday sale events. You can expect to see these items discounted by as much as 30% at popular retailers around Thanksgiving.
Buy: Autumn apparel
You can pick up some in-between weather wear this October at super-hot prices. Retailers need to make space for the winter stock and will be discounting all autumn wear. Take advantage of this by cashing in on fantastic sales.
Skip: Appliances
Don’t spring for a new oven, refrigerator, or washing machine just yet. Being hot items at Black Friday sale events, you’re best off waiting a bit before dropping a load of money on new appliances. Instead, start looking for Black Friday sales as early as November 1st to score the best deal.
Now you know what to buy and what to skip this October. These tips will help you save on the things you need, and with some patience, you can get what you need at the best prices. Did we miss something? Tell us what great deals you got this month in the comments. And, if you like this post, check out our MoneySmart Tips Blog.
